Sugal & Damani Share Brokers Ltd. engages in the provision of share broking, depository, and portfolio management services. It also offers online client services and online trading. The company was founded by N. Sugal Chand Jain on May 7, 1993 and is headquartered in Chennai, India.
Sugal & Damani Share Brokers Dividend Announcement
• Sugal & Damani Share Brokers announced a annually dividend of ₹0.20 per ordinary share which will be made payable on . Ex dividend date: 2013-07-15
• Sugal & Damani Share Brokers's trailing twelve-month (TTM) dividend yield is -%
Sugal & Damani Share Brokers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-07-15 | ₹0.20 | annually | |
| 2012-07-13 | ₹0.10 | annually | |
| 2011-07-13 | ₹0.50 | annually | |
| 2010-07-13 | ₹0.50 | annually |
Sugal & Damani Share Brokers Dividend per year
Sugal & Damani Share Brokers Dividend growth
Sugal & Damani Share Brokers Dividend Yield
Sugal & Damani Share Brokers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sugal & Damani Share Brokers stock? Use our calculator to estimate your expected dividend yield:
Sugal & Damani Share Brokers Financial Ratios
P/E ratio17.68
PEG ratio0.07
P/B ratio2.12
ROE13.16%
Payout ratio0.00%
Current ratio7.00
Quick ratio4.33
Cash Ratio0.02
Sugal & Damani Share Brokers Dividend FAQ
Does Sugal & Damani Share Brokers stock pay dividends?
Sugal & Damani Share Brokers does not currently pay dividends to its shareholders.
Has Sugal & Damani Share Brokers ever paid a dividend?
No, Sugal & Damani Share Brokers has no a history of paying dividends to its shareholders. Sugal & Damani Share Brokers is not known for its dividend payments.
Why doesn't Sugal & Damani Share Brokers pay dividends?
There are several potential reasons why Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers a dividend aristocrat?
Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers a dividend king?
Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers a dividend stock?
No, Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers stocks?
To buy Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers 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 Sugal & Damani Share Brokers 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.