Som Datt Finance Corp. Ltd. is a non-banking financial company, which engages in the provision of corporate deposit, leasing, and investment services. It involves in the business of investment and finance in the areas of hedged capital market products and bill discounting and inter-corporate loans. The company was founded on October 19, 1993 and is headquartered in Janakpuri, India.
Som Datt Finance Dividend Announcement
• Som Datt Finance announced a annually dividend of ₹1.00 per ordinary share which will be made payable on . Ex dividend date: 2011-09-07
• Som Datt Finance's trailing twelve-month (TTM) dividend yield is -%
Som Datt Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-09-07 | ₹1.00 | annually | |
| 2008-09-11 | ₹1.50 | annually | |
| 2007-09-13 | ₹1.50 | annually | |
| 2006-09-14 | ₹1.00 | annually | |
| 2005-09-14 | ₹1.00 | annually |
Som Datt Finance Dividend per year
Som Datt Finance Dividend growth
Som Datt Finance Dividend Yield
Som Datt Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Som Datt Finance stock? Use our calculator to estimate your expected dividend yield:
Som Datt Finance Financial Ratios
P/E ratio14.39
PEG ratio1.39
P/B ratio3.38
ROE27.10%
Payout ratio0.00%
Current ratio4.50
Quick ratio4.50
Cash Ratio4.50
Som Datt Finance Dividend FAQ
Does Som Datt Finance stock pay dividends?
Som Datt Finance does not currently pay dividends to its shareholders.
Has Som Datt Finance ever paid a dividend?
No, Som Datt Finance has no a history of paying dividends to its shareholders. Som Datt Finance is not known for its dividend payments.
Why doesn't Som Datt Finance pay dividends?
There are several potential reasons why Som Datt Finance 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 Som Datt Finance 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 Som Datt Finance 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 Som Datt Finance a dividend aristocrat?
Som Datt Finance 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 Som Datt Finance a dividend king?
Som Datt Finance 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 Som Datt Finance a dividend stock?
No, Som Datt Finance 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 Som Datt Finance stocks?
To buy Som Datt Finance 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 Som Datt Finance 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 Som Datt Finance 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.