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Summit Securities Limited, a non-banking financial company, engages in investment and financial activities. The investments of the firm are typically long term in nature and predominantly in the equity markets. The firm typically invests in companies in real estate sector. Summit Securities Limited was formerly known as RPG Itochu Finance Limited. The company was incorporated on January 30, 1997 and is based in Mumbai, India.

Summit Securities Dividend Announcement

• Summit Securities does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Summit Securities dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Summit Securities Dividend History

Summit Securities Dividend Yield

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

Summit Securities Financial Ratios

P/E ratio32.61
PEG ratio0.33
P/B ratio0.31
ROE1.16%
Payout ratio0.00%
Current ratio8.55
Quick ratio8.55
Cash Ratio8.54

Summit Securities Dividend FAQ

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