Swarnsarita Jewels India Ltd. is a holding company, which engages in the manufacture and wholesale of gold and diamond jewelry. Its products include diamond studded rings, bracelets, pendants, diamond necklaces, and diamond earrings. The company was founded in 1989 and is headquartered in Mumbai, India.
Swarnsarita Gems Dividend Announcement
• Swarnsarita Gems announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2013-09-11
• Swarnsarita Gems's trailing twelve-month (TTM) dividend yield is -%
Swarnsarita Gems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-09-11 | ₹0.50 | annually | |
| 2012-09-10 | ₹0.50 | annually | |
| 2011-07-21 | ₹0.50 | annually | |
| 2010-09-06 | ₹0.50 | annually | |
| 2008-09-08 | ₹1.20 | annually | |
| 2008-08-07 | ₹0.60 | annually | |
| 2007-09-12 | ₹0.50 | annually |
Swarnsarita Gems Dividend per year
Swarnsarita Gems Dividend growth
Swarnsarita Gems Dividend Yield
Swarnsarita Gems current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Swarnsarita Gems stock? Use our calculator to estimate your expected dividend yield:
Swarnsarita Gems Financial Ratios
P/E ratio14.81
PEG ratio0.22
P/B ratio0.66
ROE4.46%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Swarnsarita Gems Dividend FAQ
Does Swarnsarita Gems stock pay dividends?
Swarnsarita Gems does not currently pay dividends to its shareholders.
Has Swarnsarita Gems ever paid a dividend?
No, Swarnsarita Gems has no a history of paying dividends to its shareholders. Swarnsarita Gems is not known for its dividend payments.
Why doesn't Swarnsarita Gems pay dividends?
There are several potential reasons why Swarnsarita Gems 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 Swarnsarita Gems 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 Swarnsarita Gems 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 Swarnsarita Gems a dividend aristocrat?
Swarnsarita Gems 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 Swarnsarita Gems a dividend king?
Swarnsarita Gems 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 Swarnsarita Gems a dividend stock?
No, Swarnsarita Gems 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 Swarnsarita Gems stocks?
To buy Swarnsarita Gems 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 Swarnsarita Gems 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 Swarnsarita Gems 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.