Suumaya Industries Limited manufactures, retails, and distributes garments and fabrics. The company offers women wear garments, including designer kurtis, and formal and casual wear. It markets its products under the Ekka, Ira, and Tag9 brands. The company operates approximately 1,450 multi-brand outlets and 10 exclusive brand outlets, 320 shop-in-shops, and 4 online portals. The company was formerly known as Suumaya Lifestyle Limited and changed its name to Suumaya Industries Limited in February 2021. Suumaya Industries Limited was founded in 1985 and is based in Mumbai, India.
Suumaya Industries Dividend Announcement
• Suumaya Industries announced a quarterly dividend of ₹2.75 per ordinary share which will be made payable on 2021-10-30. Ex dividend date: 2021-09-28
• Suumaya Industries's trailing twelve-month (TTM) dividend yield is -%
Suumaya Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-09-28 | ₹2.75 | quarterly | 2021-10-30 |
2021-09-23 | ₹5.50 | quarterly | |
2021-08-26 | ₹1.00 | quarterly | 2021-09-12 |
2021-08-23 | ₹3.75 | quarterly | |
2020-11-12 | ₹0.25 | quarterly | 2020-12-02 |
2018-11-20 | ₹0.10 | quarterly | 2018-12-12 |
Suumaya Industries Dividend per year
Suumaya Industries Dividend Yield
Suumaya Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Suumaya Industries stock? Use our calculator to estimate your expected dividend yield:
Suumaya Industries Financial Ratios
Suumaya Industries 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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