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The Sandur Manganese & Iron Ores Limited, together with its subsidiary, engages in the mining of manganese and iron ores in Deogiri village of Bellary District, Karnataka. It operates through Mining, Ferroalloys, and Coke and Energy segments. The company also manufactures and sells ferroalloys and coke. In addition, it generates power through a 32-megawatt thermal power plant. The Sandur Manganese & Iron Ores Limited was incorporated in 1954 and is based in Bengaluru, India. The Sandur Manganese & Iron Ores Limited is a subsidiary of Skand Private Limited.

The Sandur Manganese & Iron Ores Dividend Announcement

• The Sandur Manganese & Iron Ores announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-11
• The Sandur Manganese & Iron Ores annual dividend for 2024 was ₹1.00
• The Sandur Manganese & Iron Ores annual dividend for 2023 was ₹30.00
• The Sandur Manganese & Iron Ores's trailing twelve-month (TTM) dividend yield is 0.22%

The Sandur Manganese & Iron Ores Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-11₹1.00annually2024-10-18
2023-09-13₹30.00annually2023-09-25

The Sandur Manganese & Iron Ores Dividend per year

The Sandur Manganese & Iron Ores Dividend Yield

The Sandur Manganese & Iron Ores current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing The Sandur Manganese & Iron Ores stock? Use our calculator to estimate your expected dividend yield:

The Sandur Manganese & Iron Ores Financial Ratios

P/E ratio21.28
PEG ratio1.06
P/B ratio3.39
ROE33.23%
Payout ratio0.00%
Current ratio4.92
Quick ratio3.60
Cash Ratio0.20

The Sandur Manganese & Iron Ores Dividend FAQ

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