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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 0.36%
SILICON RENTAL SOLUTIONS LIMIT's payout ratio for the trailing twelve months (TTM) is 7.96%

SILICON RENTAL SOLUTIONS LIMIT Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-23₹1.00annually2024-10-30
2023-06-27₹1.00annually2023-08-04

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 0.36%. Interested in purchasing SILICON RENTAL SOLUTIONS LIMIT stock? Use our calculator to estimate your expected dividend yield:

SILICON RENTAL SOLUTIONS LIMIT Financial Ratios

P/E ratio22.42
PEG ratio0.22
P/B ratio4.60
ROE21.56%
Payout ratio7.96%
Current ratio4.04
Quick ratio4.04
Cash Ratio0.60

SILICON RENTAL SOLUTIONS LIMIT Dividend FAQ

Does SILICON RENTAL SOLUTIONS LIMIT stock pay dividends?
SILICON RENTAL SOLUTIONS LIMIT does not currently pay dividends to its shareholders.
Has SILICON RENTAL SOLUTIONS LIMIT ever paid a dividend?
No, SILICON RENTAL SOLUTIONS LIMIT has no a history of paying dividends to its shareholders. SILICON RENTAL SOLUTIONS LIMIT is not known for its dividend payments.
Why doesn't SILICON RENTAL SOLUTIONS LIMIT pay dividends?
There are several potential reasons why SILICON RENTAL SOLUTIONS LIMIT would choose not to pay dividends to their shareholders:

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.
Will SILICON RENTAL SOLUTIONS LIMIT ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While SILICON RENTAL SOLUTIONS LIMIT has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is SILICON RENTAL SOLUTIONS LIMIT a dividend aristocrat?
SILICON RENTAL SOLUTIONS LIMIT is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SILICON RENTAL SOLUTIONS LIMIT a dividend king?
SILICON RENTAL SOLUTIONS LIMIT is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SILICON RENTAL SOLUTIONS LIMIT a dividend stock?
No, SILICON RENTAL SOLUTIONS LIMIT is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy SILICON RENTAL SOLUTIONS LIMIT stocks?
To buy SILICON RENTAL SOLUTIONS LIMIT you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy SILICON RENTAL SOLUTIONS LIMIT stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.