Superior Industrial Enterprises Ltd. engages in the manufacturing of oral care products. It focuses on the manufacture of corrugated boxes used in bottles of mineral water and soft drinks. The company was founded by M.M. Agarwal on November 25, 1991 and is headquartered in New Delhi, India.
Superior Industrial Enterprises Dividend Announcement
• Superior Industrial Enterprises announced a annually dividend of ₹0.30 per ordinary share which will be made payable on . Ex dividend date: 2012-09-25
• Superior Industrial Enterprises's trailing twelve-month (TTM) dividend yield is -%
Superior Industrial Enterprises Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-09-25 | ₹0.30 | annually |
Superior Industrial Enterprises Dividend per year
Superior Industrial Enterprises Dividend Yield
Superior Industrial Enterprises current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Superior Industrial Enterprises stock? Use our calculator to estimate your expected dividend yield:
Superior Industrial Enterprises Financial Ratios
P/E ratio16.52
PEG ratio0.29
P/B ratio0.84
ROE11.61%
Payout ratio0.00%
Current ratio1.70
Quick ratio1.12
Cash Ratio0.41
Superior Industrial Enterprises Dividend FAQ
Does Superior Industrial Enterprises stock pay dividends?
Superior Industrial Enterprises does not currently pay dividends to its shareholders.
Has Superior Industrial Enterprises ever paid a dividend?
No, Superior Industrial Enterprises has no a history of paying dividends to its shareholders. Superior Industrial Enterprises is not known for its dividend payments.
Why doesn't Superior Industrial Enterprises pay dividends?
There are several potential reasons why Superior Industrial Enterprises 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 Superior Industrial Enterprises 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 Superior Industrial Enterprises 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 Superior Industrial Enterprises a dividend aristocrat?
Superior Industrial Enterprises 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 Superior Industrial Enterprises a dividend king?
Superior Industrial Enterprises 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 Superior Industrial Enterprises a dividend stock?
No, Superior Industrial Enterprises 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 Superior Industrial Enterprises stocks?
To buy Superior Industrial Enterprises 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 Superior Industrial Enterprises 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 Superior Industrial Enterprises 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.