Source Natural Foods & Herbal Supplements Ltd. engages in the manufacture and distribution of ayurvedic medicines and health supplements. It products include Ojasvita powder, veg capsules and others. The company was founded on January 2, 1995 and is headquartered in Bangalore, India.
Source Natural Foods and Herbal Supplements Dividend Announcement
• Source Natural Foods and Herbal Supplements announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2019-09-22. Ex dividend date: 2019-09-12
• Source Natural Foods and Herbal Supplements's trailing twelve-month (TTM) dividend yield is -%
Source Natural Foods and Herbal Supplements Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-09-12 | ₹1.00 | annually | 2019-09-22 |
Source Natural Foods and Herbal Supplements Dividend per year
Source Natural Foods and Herbal Supplements Dividend Yield
Source Natural Foods and Herbal Supplements current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Source Natural Foods and Herbal Supplements stock? Use our calculator to estimate your expected dividend yield:
Source Natural Foods and Herbal Supplements Financial Ratios
P/E ratio56.33
PEG ratio-1.38
P/B ratio6.92
ROE17.45%
Payout ratio0.00%
Current ratio2.63
Quick ratio2.11
Cash Ratio0.75
Source Natural Foods and Herbal Supplements Dividend FAQ
Does Source Natural Foods and Herbal Supplements stock pay dividends?
Source Natural Foods and Herbal Supplements does not currently pay dividends to its shareholders.
Has Source Natural Foods and Herbal Supplements ever paid a dividend?
No, Source Natural Foods and Herbal Supplements has no a history of paying dividends to its shareholders. Source Natural Foods and Herbal Supplements is not known for its dividend payments.
Why doesn't Source Natural Foods and Herbal Supplements pay dividends?
There are several potential reasons why Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements a dividend aristocrat?
Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements a dividend king?
Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements a dividend stock?
No, Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements stocks?
To buy Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements 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 Source Natural Foods and Herbal Supplements 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.