Sportking India Limited manufactures and sells cotton, synthetic, and blended yarns in India. The company also provides knitted fabrics. In addition, it produces T-shirts, shirts, sweatshirts, sweaters, jackets, jeans, trousers, track pants, tracksuits, Bermuda and shorts, and nightwear for boys and men; and tops, tunics, shirts, kurtis, sweatshirts, sweaters, cardigans, jeans, trousers, leggings, track pants, tracksuits, shorts, nightwear, and lingerie for girls and ladies. The company sells its products through approximately 100 retail outlets, as well as through its online retail store. It also exports its products to approximately 30 countries. Sportking India Limited was founded in 1977 and is based in Ludhiana, India.
Sportking India Dividend Announcement
• Sportking India announced a annually dividend of ₹50.00 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-09
• Sportking India annual dividend for 2024 was ₹50.00
• Sportking India's trailing twelve-month (TTM) dividend yield is 0.49%
Sportking India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹50.00 | annually | 2024-09-16 |
Sportking India Dividend per year
Sportking India Dividend Yield
Sportking India current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing Sportking India stock? Use our calculator to estimate your expected dividend yield:
Sportking India Financial Ratios
Sportking India Dividend FAQ
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.
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