Suumaya Corp. Ltd. engages in the trading business of polymers and textile products. Its polymer trading business includes commodity polymer, engineering polymer and chemicals; and textile trading business handles trading of yarns, threads and fabrics. The company was founded on June 30, 2009 and is headquartered in Mumbai, India.
SUUMAYA Dividend Announcement
• SUUMAYA announced a semi annually dividend of ₹1.33 per ordinary share which will be made payable on 2021-10-28. Ex dividend date: 2021-09-24
• SUUMAYA's trailing twelve-month (TTM) dividend yield is -%
SUUMAYA Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-09-24 | ₹1.33 | semi annually | 2021-10-28 |
| 2021-08-24 | ₹0.33 | semi annually | 2021-09-12 |
SUUMAYA Dividend per year
SUUMAYA Dividend Yield
SUUMAYA current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing SUUMAYA stock? Use our calculator to estimate your expected dividend yield:
SUUMAYA Financial Ratios
P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
SUUMAYA Dividend FAQ
Does SUUMAYA stock pay dividends?
SUUMAYA does not currently pay dividends to its shareholders.
Has SUUMAYA ever paid a dividend?
No, SUUMAYA has no a history of paying dividends to its shareholders. SUUMAYA is not known for its dividend payments.
Why doesn't SUUMAYA pay dividends?
There are several potential reasons why SUUMAYA 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 SUUMAYA 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 SUUMAYA 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 SUUMAYA a dividend aristocrat?
SUUMAYA 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 SUUMAYA a dividend king?
SUUMAYA 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 SUUMAYA a dividend stock?
No, SUUMAYA 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 SUUMAYA stocks?
To buy SUUMAYA 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 SUUMAYA 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 SUUMAYA 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.