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TGV SRAAC Ltd. is engaged in the business of manufacturing chemicals and acids. It operates through the following segments: Chemicals, Oils & Fats, and Power. The Chemicals segment consists of products, such as caustic soda (lye & flakes), potassium hydroxide, chlorine, hydro chloric acid, sodium hypochlorite, and chloromethanes. The Oils & Fats segment comprises of products, such as castor oil derivaves, soap noodles, and hydroxy stearic acid. The Power segment engages in the operations of 38.5 MW Power plant, which is situated at Bellary, Karnataka. The company was founded by T. G. Venkatesh in 1985 and is headquartered in Kurnool, India.

TGV SRAAC Dividend Announcement

• TGV SRAAC announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• TGV SRAAC annual dividend for 2024 was ₹1.00
• TGV SRAAC annual dividend for 2023 was ₹1.00
• TGV SRAAC's trailing twelve-month (TTM) dividend yield is 0.88%

TGV SRAAC Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹1.00annually2024-10-28
2023-09-22₹1.00annually2023-10-24

TGV SRAAC Dividend per year

TGV SRAAC Dividend Yield

TGV SRAAC current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing TGV SRAAC stock? Use our calculator to estimate your expected dividend yield:

TGV SRAAC Financial Ratios

P/E ratio17.58
PEG ratio0.17
P/B ratio1.06
ROE8.29%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.85
Cash Ratio0.04

TGV SRAAC Dividend FAQ

Does TGV SRAAC stock pay dividends?
TGV SRAAC does not currently pay dividends to its shareholders.
Has TGV SRAAC ever paid a dividend?
No, TGV SRAAC has no a history of paying dividends to its shareholders. TGV SRAAC is not known for its dividend payments.
Why doesn't TGV SRAAC pay dividends?
There are several potential reasons why TGV SRAAC 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 TGV SRAAC 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 TGV SRAAC 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 TGV SRAAC a dividend aristocrat?
TGV SRAAC 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 TGV SRAAC a dividend king?
TGV SRAAC 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 TGV SRAAC a dividend stock?
No, TGV SRAAC 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 TGV SRAAC stocks?
To buy TGV SRAAC 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 TGV SRAAC 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.