Solid Stone Co. Ltd. engages in the manufacturing and supply of natural stone products and building materials. It offers marbles, natural stone, granite, semi-precious stone, and mosaics. The company was founded on May 8, 1990 and is headquartered in Mumbai, India.
Solid Stone Dividend Announcement
• Solid Stone announced a annually dividend of ₹0.60 per ordinary share which will be made payable on . Ex dividend date: 2014-09-19
• Solid Stone's trailing twelve-month (TTM) dividend yield is -%
Solid Stone Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2014-09-19 | ₹0.60 | annually | |
| 2013-08-29 | ₹0.60 | annually | |
| 2012-09-17 | ₹0.60 | annually | |
| 2011-09-09 | ₹0.60 | annually | |
| 2010-09-15 | ₹0.60 | annually | |
| 2009-09-14 | ₹0.60 | annually | |
| 2008-12-23 | ₹0.60 | annually | |
| 2007-09-14 | ₹0.80 | annually | |
| 2006-09-12 | ₹0.80 | annually |
Solid Stone Dividend per year
Solid Stone Dividend growth
Solid Stone Dividend Yield
Solid Stone current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Solid Stone stock? Use our calculator to estimate your expected dividend yield:
Solid Stone Financial Ratios
P/E ratio23.19
PEG ratio0.39
P/B ratio0.87
ROE5.12%
Payout ratio0.00%
Current ratio1.96
Quick ratio0.69
Cash Ratio0.01
Solid Stone Dividend FAQ
Does Solid Stone stock pay dividends?
Solid Stone does not currently pay dividends to its shareholders.
Has Solid Stone ever paid a dividend?
No, Solid Stone has no a history of paying dividends to its shareholders. Solid Stone is not known for its dividend payments.
Why doesn't Solid Stone pay dividends?
There are several potential reasons why Solid Stone 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.
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 Solid Stone 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 Solid Stone 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 Solid Stone a dividend aristocrat?
Solid Stone 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 Solid Stone a dividend king?
Solid Stone 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 Solid Stone a dividend stock?
No, Solid Stone 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 Solid Stone stocks?
To buy Solid Stone 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 Solid Stone 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.
Place an order: Use the brokerage's trading platform to place an order to buy Solid Stone 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.