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Supreme Engineering Limited engages in the business of manufacturing of steel products and heavy engineering in India. The company's Special Steels division manufactures steel in ingots or other primary forms, and other semi-finished products of steel. Its Wire division manufactures wire of steel by cold drawing or stretching; and hot-rolled and cold-rolled products of steel, and ferro-alloys. The company serves the oil and gas, automotive, hand-tools, textile machinery, engineering industry, defence (aircrafts, battle tanks, rockets, missiles, ships), space (rockets, launch systems), atomic energy (reactors, tools for ancillary machinery), and power (turbines, boilers). Supreme Engineering Limited was incorporated in 1987 and is based in Navi Mumbai, India.

Supreme Engineering Dividend Announcement

Supreme Engineering announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2019-10-27. Ex dividend date: 2019-09-18
Supreme Engineering's trailing twelve-month (TTM) dividend yield is -%

Supreme Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-09-18₹0.50annually2019-10-27

Supreme Engineering Dividend per year

Supreme Engineering Dividend Yield

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

Supreme Engineering Financial Ratios

P/E ratio-6.38
PEG ratio0.03
P/B ratio-1.11
ROE25.41%
Payout ratio0.00%
Current ratio0.15
Quick ratio0.05
Cash Ratio0.02

Supreme Engineering Dividend FAQ

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