The State Trading Corporation of India Limited engages in the trading business worldwide. The company exports and imports various products, including rice, wheat, sugar, pulses, edible oils, fertilizers, coals, bullion, etc. It also trades in bullion, hydrocarbon, metal, mineral, castor oil, ore, fertilizers, and petro-chemical products. The State Trading Corporation of India Limited was incorporated in 1956 and is based in New Delhi, India.
State Trading of India Dividend Announcement
• State Trading of India announced a annually dividend of ₹2.00 per ordinary share which will be made payable on . Ex dividend date: 2013-09-19
• State Trading of India's trailing twelve-month (TTM) dividend yield is -%
State Trading of India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-09-19 | ₹2.00 | annually | |
| 2012-09-20 | ₹2.00 | annually | |
| 2011-09-22 | ₹3.00 | annually | |
| 2010-09-21 | ₹2.25 | annually | |
| 2010-02-17 | ₹2.50 | annually | |
| 2009-09-11 | ₹2.25 | annually | |
| 2009-02-12 | ₹2.50 | annually | |
| 2008-09-15 | ₹3.00 | annually | |
| 2008-02-15 | ₹7.00 | annually | |
| 2007-09-19 | ₹8.00 | annually | |
| 2007-02-19 | ₹4.00 | annually | |
| 2006-09-12 | ₹7.00 | annually | |
| 2005-11-17 | ₹3.00 | annually | |
| 2005-09-22 | ₹3.00 | annually | |
| 2004-11-16 | ₹3.00 | annually | |
| 2004-09-15 | ₹1.00 | annually | |
| 2004-02-19 | ₹4.00 | annually | |
| 2003-10-01 | ₹4.00 | annually | |
| 2002-07-03 | ₹29.30 | annually |
State Trading of India Dividend per year
State Trading of India Dividend growth
State Trading of India Dividend Yield
State Trading of India current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing State Trading of India stock? Use our calculator to estimate your expected dividend yield:
State Trading of India Financial Ratios
P/E ratio18.79
PEG ratio0.19
P/B ratio-0.20
ROE-1.04%
Payout ratio0.00%
Current ratio0.34
Quick ratio0.34
Cash Ratio0.00
State Trading of India Dividend FAQ
Does State Trading of India stock pay dividends?
State Trading of India does not currently pay dividends to its shareholders.
Has State Trading of India ever paid a dividend?
No, State Trading of India has no a history of paying dividends to its shareholders. State Trading of India is not known for its dividend payments.
Why doesn't State Trading of India pay dividends?
There are several potential reasons why State Trading of India 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.
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 State Trading of India 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 State Trading of India 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 State Trading of India a dividend aristocrat?
State Trading of India 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 State Trading of India a dividend king?
State Trading of India 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 State Trading of India a dividend stock?
No, State Trading of India 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 State Trading of India stocks?
To buy State Trading of India 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 State Trading of India 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.
Place an order: Use the brokerage's trading platform to place an order to buy State Trading of India 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.