Swastika Investmart Ltd. engages in the provision of security and commodity brokerage services. The firm offers services such as stock broking, currency broking, depository services, portfolio management and investment advisory and merchant banking. It operates through the following segments: Broking and Related Activities and Financing Activities. The company was founded by Sunil Nyati in 1992 and is headquartered in Indore, India.
Swastika Investmart Dividend Announcement
• Swastika Investmart announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-07-02 • Swastika Investmart annual dividend for 2024 was ₹2.00 • Swastika Investmart annual dividend for 2023 was ₹2.00 • Swastika Investmart's trailing twelve-month (TTM) dividend yield is 0.24% • Swastika Investmart's dividend growth over the last five years (2018-2023) was 14.87% year • Swastika Investmart's dividend growth over the last ten years (2013-2023) was 7.18% year
Swastika Investmart current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Swastika Investmart stock? Use our calculator to estimate your expected dividend yield:
Swastika Investmart Financial Ratios
P/E ratio11.98
PEG ratio0.12
P/B ratio2.70
ROE26.44%
Payout ratio0.00%
Current ratio1.16
Quick ratio1.16
Cash Ratio0.02
Swastika Investmart Dividend FAQ
How much is the next Swastika Investmart dividend?
Swastika Investmart's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Swastika Investmart dividend. The next Swastika Investmart dividend will be released in September.
When is Swastika Investmart dividend paid?
Swastika Investmart pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Swastika Investmart pay?
The specific amount of Swastika Investmart dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Swastika Investmart's dividend history.
Does Swastika Investmart stock pay dividends?
Yes, Swastika Investmart does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Swastika Investmart's dividend history.
How much dividend does Swastika Investmart pay?
Swastika Investmart paid ₹2 in 2024, ₹2 in 2023, ₹2 in 2022, ₹2 in 2021, and ₹1 in 2020.
How often does Swastika Investmart pay dividends?
Swastika Investmart typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Swastika Investmart's dividend yield?
The current dividend yield for Swastika Investmart is 0.24%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Swastika Investmart's exact dividend yield.
When does Swastika Investmart go ex dividend?
Swastika Investmart's ex-dividend date for the latest dividend was on 2024-07-02. Swastika Investmart typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Swastika Investmart dividend paid?
Swastika Investmart pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Swastika Investmart increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Swastika Investmart will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Swastika Investmart dividend per share?
Swastika Investmart paid ₹2 per share in 2024 and ₹2 per share in 2023. The amount of dividend per share that Swastika Investmart pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Swastika Investmart a dividend aristocrat?
No, 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 Swastika Investmart a dividend king?
No, 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 Swastika Investmart a dividend stock?
Yes, Swastika Investmart is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Swastika Investmart a good dividend stock?
Whether Swastika Investmart is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Swastika Investmart has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Swastika Investmart as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Swastika Investmart pay dividends monthly?
Swastika Investmart typically pays dividends on a annually basis.
Does Swastika Investmart pay dividends quarterly?
Swastika Investmart currently pays dividends on a annually basis.
Has Swastika Investmart ever paid a dividend?
Yes, Swastika Investmart has a history of paying dividends to its shareholders. Swastika Investmart is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Swastika Investmart dividend stocks?
To buy Swastika Investmart 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Swastika Investmart 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.
When does Swastika Investmart pay dividends 2024?
Swastika Investmart pays dividends on a annually basis. 2024 dividend payments are in 2024-08-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Swastika Investmart increase its dividend in 2024?
Decisions regarding Swastika Investmart dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Swastika Investmart dividend overview you can look into the above table of dividend history.
How Swastika Investmart dividend works?
The Swastika Investmart dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Swastika Investmart's dividend process works:
1. Determination of Dividend: Swastika Investmart's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Swastika Investmart publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Swastika Investmart distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Swastika Investmart are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Swastika Investmart dividends paid?
Swastika Investmart dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Swastika Investmart sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Swastika Investmart distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Swastika Investmart declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Swastika Investmart pay dividends?
Swastika Investmart typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Swastika Investmart pay dividends?
The general pattern is that Swastika Investmart pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Swastika Investmart dividend safe?
The safety of Swastika Investmart's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Swastika Investmart's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Swastika Investmart's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.