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Sula Vineyards Limited manufactures, purchases, imports, distributes, and sells wine and other alcoholic beverages. It offers white, red, rosé, and sparkling wines; and spirits under the RASA, The Source, Dindori, SULA CLASSICS, and York brand names. The company also owns and operates wine tourism venues, including vineyard resorts and tasting rooms, as well as restaurants. It offers its products through distributors, corporations, licensed resellers, company depots, defense units, and other points of sale, as well as online. The company operates in India, the United States, the United Kingdom, Austria, the United Arab Emirates, Oman, New Zealand, China, France, Italy, Spain, Japan, Australia, Singapore, Belgium, Switzerland, Maldives, Sweden, Holland, Norway, Poland, South Korea, Portugal, Luxembourg, Germany, and the Czech Republic. Sula Vineyards Limited was founded in 1996 and is headquartered in Mumbai, India.

Sula Vineyards Dividend Announcement

• Sula Vineyards announced a semi annually dividend of ₹4.50 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-05-22
• Sula Vineyards annual dividend for 2024 was ₹8.50
• Sula Vineyards annual dividend for 2023 was ₹5.25
• Sula Vineyards's trailing twelve-month (TTM) dividend yield is 1.9%

Sula Vineyards Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-22₹4.50semi annually2024-07-26
2024-02-21₹4.00semi annually
2023-05-15₹5.25semi annually2023-07-23

Sula Vineyards Dividend per year

Sula Vineyards Dividend Yield

Sula Vineyards current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Sula Vineyards stock? Use our calculator to estimate your expected dividend yield:

Sula Vineyards Financial Ratios

P/E ratio40.08
PEG ratio5.32
P/B ratio6.87
ROE17.67%
Payout ratio0.00%
Current ratio1.30
Quick ratio0.79
Cash Ratio0.27

Sula Vineyards Dividend FAQ

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