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Sri Ramakrishna Mills Coimbatore Ltd. engages in the business of textile spinning and real estate development. It operates through the Textile and Real Estate segments. Its products include open end, ring spun, PC and special yarn. It operates through the Textile and Real Estate segments. The company was founded by R. Doraiswami on September 6, 1946, and is headquartered in Coimbatore, India.

Sri Ramakrishna Mills Dividend Announcement

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

Sri Ramakrishna Mills Dividend History

Sri Ramakrishna Mills Dividend Yield

Sri Ramakrishna Mills current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sri Ramakrishna Mills stock? Use our calculator to estimate your expected dividend yield:

Sri Ramakrishna Mills Financial Ratios

P/E ratio5.71
PEG ratio0.06
P/B ratio3.28
ROE124.31%
Payout ratio0.00%
Current ratio0.95
Quick ratio0.20
Cash Ratio0.00

Sri Ramakrishna Mills Dividend FAQ

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