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Star Health and Allied Insurance Company Limited provides health insurance products. It offers retail health products to various customer segments, including individuals, families, students, and senior citizens, as well as persons with pre-existing medical conditions across the middle-market customer segment; and group health insurance policies provide to employees of corporates, including SMEs through company health insurance plans. The company also provides personal accident and travel insurance. It distributes its products through individual agents, brokers, corporate agent banks, other corporate agents, and online channel partners comprising web aggregators, as well as directly to customers. As of September 30, 2021, the company had 779 health insurance branches across 25 states and 5 union territories in India. Star Health and Allied Insurance Company Limited was incorporated in 2005 and is based in Chennai, India.

Star Health and Allied Insurance Dividend Announcement

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

Star Health and Allied Insurance Dividend History

Star Health and Allied Insurance Dividend Yield

Star Health and Allied Insurance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Star Health and Allied Insurance stock? Use our calculator to estimate your expected dividend yield:

Star Health and Allied Insurance Financial Ratios

P/E ratio38.19
PEG ratio1.55
P/B ratio4.97
ROE13.06%
Payout ratio0.00%
Current ratio0.20
Quick ratio0.20
Cash Ratio0.20

Star Health and Allied Insurance Dividend FAQ

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