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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-09-18 | ₹0.50 | annually | 2019-10-27 |
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
Supreme Engineering Dividend FAQ
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.
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