Star Cement Limited manufactures and sells cement and clinker products in north eastern and eastern states of India. It operates through Cement and Power segments. The company offers ordinary Portland, Portland pozzolana, Portland slag, and antirust cement products under the Star Cement brand. It also generates power. The company markets its products through a network of dealers and retailers. It also exports its products to Nepal and Bhutan. The company was formerly known as Cement Manufacturing Company Limited and changed its name to Star Cement Limited in June 2016. Star Cement Limited was incorporated in 2001 and is based in Kolkata, India. Star Cement Limited is a subsidiary of Century Plyboards (India) Limited.
Star Cement Dividend Announcement
• Star Cement announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2020-03-07. Ex dividend date: 2020-02-17
• Star Cement's trailing twelve-month (TTM) dividend yield is -%
Star Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-02-17 | ₹1.00 | annually | 2020-03-07 |
2018-07-23 | ₹1.00 | annually | 2018-08-30 |
Star Cement Dividend per year
Star Cement Dividend Yield
Star Cement current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Star Cement stock? Use our calculator to estimate your expected dividend yield:
Star Cement Financial Ratios
Star Cement 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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