Sonal Adhesives Ltd. engages in the manufacture of adhesive tapes and plastic ropes. The company's products include Biaxially Oriented Polypropylene (BOPP) Self Adhesive Tapes and Specialty Adhesives and Emulsions. The company was founded in 1991 and is headquartered in Mumbai, India.
Sonal Adhesives Dividend Announcement
• Sonal Adhesives announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2012-09-13
• Sonal Adhesives's trailing twelve-month (TTM) dividend yield is -%
Sonal Adhesives Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-09-13 | ₹0.50 | annually | |
| 2011-09-15 | ₹0.50 | annually | |
| 2010-09-16 | ₹0.50 | annually |
Sonal Adhesives Dividend per year
Sonal Adhesives Dividend growth
Sonal Adhesives Dividend Yield
Sonal Adhesives current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sonal Adhesives stock? Use our calculator to estimate your expected dividend yield:
Sonal Adhesives Financial Ratios
P/E ratio23.82
PEG ratio1.88
P/B ratio5.94
ROE25.76%
Payout ratio0.00%
Current ratio1.07
Quick ratio0.61
Cash Ratio-0.01
Sonal Adhesives Dividend FAQ
Does Sonal Adhesives stock pay dividends?
Sonal Adhesives does not currently pay dividends to its shareholders.
Has Sonal Adhesives ever paid a dividend?
No, Sonal Adhesives has no a history of paying dividends to its shareholders. Sonal Adhesives is not known for its dividend payments.
Why doesn't Sonal Adhesives pay dividends?
There are several potential reasons why Sonal Adhesives 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 Sonal Adhesives 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 Sonal Adhesives 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 Sonal Adhesives a dividend aristocrat?
Sonal Adhesives 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 Sonal Adhesives a dividend king?
Sonal Adhesives 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 Sonal Adhesives a dividend stock?
No, Sonal Adhesives 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 Sonal Adhesives stocks?
To buy Sonal Adhesives 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 Sonal Adhesives 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 Sonal Adhesives 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.