Veeram Securities Ltd. engages in the wholesale, trade, and retail of jewelry and ornaments. Its products include rings, bracelets, necklaces, ear chains, earrings, pendants, chains, magalsutra, zuda, toe rings, anklets, and bangles. The company was founded on April 15, 2011 and is headquartered in Ahmedabad, India.
VEERAM Securities Dividend Announcement
• VEERAM Securities announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2023-12-04. Ex dividend date: 2023-11-28
• VEERAM Securities's trailing twelve-month (TTM) dividend yield is 0.55%
VEERAM Securities Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-11-28 | ₹0.05 | annually | 2023-12-04 |
VEERAM Securities Dividend per year
VEERAM Securities Dividend Yield
VEERAM Securities current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing VEERAM Securities stock? Use our calculator to estimate your expected dividend yield:
VEERAM Securities Financial Ratios
P/E ratio21.95
PEG ratio-88.03
P/B ratio2.91
ROE14.12%
Payout ratio0.00%
Current ratio3.13
Quick ratio1.53
Cash Ratio0.25
VEERAM Securities Dividend FAQ
Does VEERAM Securities stock pay dividends?
VEERAM Securities does not currently pay dividends to its shareholders.
Has VEERAM Securities ever paid a dividend?
No, VEERAM Securities has no a history of paying dividends to its shareholders. VEERAM Securities is not known for its dividend payments.
Why doesn't VEERAM Securities pay dividends?
There are several potential reasons why VEERAM Securities 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 VEERAM Securities 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 VEERAM Securities 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 VEERAM Securities a dividend aristocrat?
VEERAM Securities 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 VEERAM Securities a dividend king?
VEERAM Securities 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 VEERAM Securities a dividend stock?
No, VEERAM Securities 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 VEERAM Securities stocks?
To buy VEERAM Securities 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 VEERAM Securities 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 VEERAM Securities 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.