Silicon Rental Solutions Ltd. engages in providing end-to-end Information Technology (IT) equipment rentals. It offers laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices to small, medium and large corporations. The company was founded on January 18, 2016 and is headquartered in Mumbai, India.
SILICON RENTAL SOLUTIONS LIMIT Dividend Announcement
• SILICON RENTAL SOLUTIONS LIMIT announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• SILICON RENTAL SOLUTIONS LIMIT annual dividend for 2024 was ₹1.00
• SILICON RENTAL SOLUTIONS LIMIT annual dividend for 2023 was ₹1.00
• SILICON RENTAL SOLUTIONS LIMIT's trailing twelve-month (TTM) dividend yield is 0.39%
• SILICON RENTAL SOLUTIONS LIMIT's payout ratio for the trailing twelve months (TTM) is 7.96%
SILICON RENTAL SOLUTIONS LIMIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹1.00 | annually | 2024-10-30 |
2023-06-27 | ₹1.00 | annually | 2023-08-04 |
SILICON RENTAL SOLUTIONS LIMIT Dividend per year
SILICON RENTAL SOLUTIONS LIMIT Dividend Yield
SILICON RENTAL SOLUTIONS LIMIT current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing SILICON RENTAL SOLUTIONS LIMIT stock? Use our calculator to estimate your expected dividend yield:
SILICON RENTAL SOLUTIONS LIMIT Financial Ratios
SILICON RENTAL SOLUTIONS LIMIT Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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