Stylam Industries Limited manufactures and sells decorative laminated sheets for residential and industrial applications in India and internationally. It offers claddings and cubicles; anti-fingerprint, gloss, and exterior grade laminates; compact, solid, and special surface laminates; and wood and plywood wooden panels. Stylam Industries Limited also exports its products to approximately 65 countries, including Europe, the Far East, the Middle East, the United States, and internationally. The company was formerly known as Golden laminates Ltd. Stylam Industries Limited was incorporated in 1991 and is based in Chandigarh, India.
Stylam Industries Dividend Announcement
• Stylam Industries announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2023-12-05. Ex dividend date: 2023-11-17
• Stylam Industries's trailing twelve-month (TTM) dividend yield is 0.11%
Stylam Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-17 | ₹2.50 | annually | 2023-12-05 |
Stylam Industries Dividend per year
Stylam Industries Dividend Yield
Stylam Industries current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Stylam Industries stock? Use our calculator to estimate your expected dividend yield:
Stylam Industries Financial Ratios
Stylam Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Stylam Industries 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.