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Stove Kraft Limited engages in manufacturing and trading of kitchen and home appliances primarily under the Pigeon and Gilma brands. It offers pressure cookers, non-stick cookware, hobs, stainless steel cooktops, gas and induction cooktops, LPG stoves, mixer grinders, chimneys, emergency lamps, ladders and cloth dryers, water bottles and flasks, cleaning and garment care products, and cooking appliances. The company also provides chairs, digital safes, microwave OTG, and ovens; and LED bulbs, battens, downlights. It operates in India, the Middle East, Kenya, Uganda, Qatar, Sri Lanka, Fiji, Bahrain, Kuwait, Oman, and Tanzania. The company was founded in 1994 and is based in Bengaluru, India.

Stove Kraft Dividend Announcement

• Stove Kraft announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
• Stove Kraft annual dividend for 2024 was ₹2.50
• Stove Kraft's trailing twelve-month (TTM) dividend yield is 0.31%

Stove Kraft Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹2.50annually2024-10-20

Stove Kraft Dividend per year

Stove Kraft Dividend Yield

Stove Kraft current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Stove Kraft stock? Use our calculator to estimate your expected dividend yield:

Stove Kraft Financial Ratios

P/E ratio77.16
PEG ratio0.77
P/B ratio5.80
ROE7.79%
Payout ratio0.00%
Current ratio0.95
Quick ratio0.37
Cash Ratio0.02

Stove Kraft Dividend FAQ

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