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Surana Telecom and Power Limited engages in the generation and sale of solar and wind energy, and trading of solar modules in India. The company operates a solar power generation plant with an installed capacity of 23 MW; and wind power generation plant with an installed capacity of 1.25 MW. It also manufactures jelly filled cables, solar photovoltaic modules, aluminum and alloy aluminum rods, optical fiber cables, heat shrinkable joining kits, and CDMA mobile handsets. The company was formerly known as Surana Telecom Ltd and changed its name to Surana Telecom and Power Limited in October 2007. The company was incorporated in 1989 and is based in Hyderabad, India.

Surana Telecom and Power Dividend Announcement

Surana Telecom and Power announced a annually dividend of ₹0.12 per ordinary share which will be made payable on . Ex dividend date: 2015-09-23
Surana Telecom and Power's trailing twelve-month (TTM) dividend yield is -%

Surana Telecom and Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-09-23₹0.12annually
2014-09-16₹0.60annually
2013-09-19₹0.60annually
2012-09-24₹0.50annually
2011-09-14₹0.50annually
2010-09-17₹0.50annually
2009-09-22₹0.75annually
2008-09-10₹1.00annually
2007-09-19₹1.00annually
2006-08-02₹1.00annually
2005-06-27₹1.00annually
2004-09-23₹1.00annually

Surana Telecom and Power Dividend per year

Surana Telecom and Power Dividend growth

Surana Telecom and Power Dividend Yield

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

Surana Telecom and Power Financial Ratios

P/E ratio38.45
PEG ratio0.38
P/B ratio2.70
ROE6.92%
Payout ratio0.00%
Current ratio27.48
Quick ratio26.43
Cash Ratio0.42

Surana Telecom and Power Dividend FAQ

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