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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 dateDividend amountDividend typePay date
2023-11-17₹2.50annually2023-12-05

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

P/E ratio30.36
PEG ratio0.33
P/B ratio6.66
ROE24.18%
Payout ratio0.00%
Current ratio5.70
Quick ratio3.80
Cash Ratio0.48

Stylam Industries Dividend FAQ

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