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Spencer's Retail Limited, together with its subsidiaries, engages in developing, conducting, investing, and promoting organized retail business in India. It operates departmental and neighborhood stores under various formats, as well as hypermarkets. The company offers products in various categories, such as groceries, fresh products, general merchandise, personal care products, apparel and accessories, consumer durables, and other lifestyle products. It provides its products under the own brands, including Smart Choice, Tasty Wonders, Clean Home, and Maroon, as well as under the various private brands, such as 2Bme, Healthy Alternatives, Hands on, and Inscapes. In addition, the company engages in the online retail business. As of March 31, 2022, it operated 154 stores. The company was formerly known as RP-SG Retail Limited and changed its name to Spencer's Retail Limited in December 2018. Spencer's Retail Limited was founded in 1863 and is headquartered in Kolkata, India.

Spencer's Retail Dividend Announcement

• Spencer's Retail does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Spencer's Retail dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Spencer's Retail Dividend History

Spencer's Retail Dividend Yield

Spencer's Retail current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Spencer's Retail stock? Use our calculator to estimate your expected dividend yield:

Spencer's Retail Financial Ratios

P/E ratio-3.10
PEG ratio0.16
P/B ratio-1.49
ROE63.12%
Payout ratio0.00%
Current ratio0.36
Quick ratio0.15
Cash Ratio0.06

Spencer's Retail Dividend FAQ

Does Spencer's Retail stock pay dividends?
Spencer's Retail does not currently pay dividends to its shareholders.
Has Spencer's Retail ever paid a dividend?
No, Spencer's Retail has no a history of paying dividends to its shareholders. Spencer's Retail is not known for its dividend payments.
Why doesn't Spencer's Retail pay dividends?
There are several potential reasons why Spencer's Retail 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 Spencer's Retail 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 Spencer's Retail 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 Spencer's Retail a dividend aristocrat?
Spencer's Retail 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 Spencer's Retail a dividend king?
Spencer's Retail 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 Spencer's Retail a dividend stock?
No, Spencer's Retail 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 Spencer's Retail stocks?
To buy Spencer's Retail 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 Spencer's Retail 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.