Surat Trade & Mercantile Ltd. engages in the manufacturing and selling of polyester filament yarn, polyester chips, and spun yarn. It operates through the production of Textiles segment. The company was founded on November 29, 1945 and is headquartered in Surat, India.
Surat Trade and Mercantile Lim Dividend Announcement
• Surat Trade and Mercantile Lim does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments. • Stay tuned for updates on Surat Trade and Mercantile Lim dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Surat Trade and Mercantile Lim current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Surat Trade and Mercantile Lim stock? Use our calculator to estimate your expected dividend yield:
Surat Trade and Mercantile Lim Financial Ratios
P/E ratio16.08
PEG ratio0.16
P/B ratio0.94
ROE11.76%
Payout ratio0.00%
Current ratio98.71
Quick ratio84.72
Cash Ratio0.88
Surat Trade and Mercantile Lim Dividend FAQ
Does Surat Trade and Mercantile Lim stock pay dividends?
Surat Trade and Mercantile Lim does not currently pay dividends to its shareholders.
Has Surat Trade and Mercantile Lim ever paid a dividend?
No, Surat Trade and Mercantile Lim has no a history of paying dividends to its shareholders. Surat Trade and Mercantile Lim is not known for its dividend payments.
Why doesn't Surat Trade and Mercantile Lim pay dividends?
There are several potential reasons why Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim a dividend aristocrat?
Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim a dividend king?
Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim a dividend stock?
No, Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim stocks?
To buy Surat Trade and Mercantile Lim 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 Surat Trade and Mercantile Lim stock.
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