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W.S. Industries (India) Limited engages in the manufacture and sale of porcelain insulators for electrical high voltage transmission, substation, and distribution applications in India and internationally. The company operates in two segments, Electro-Porcelain Products and Turnkey Projects. It offers suspension insulators that include normal, anti-fog, aerodynamic, and super fog types for HV and UHVDC applications; and various profiles of longrod insulators for the light, medium, and heavy pollution categories. The company also offers solidcore insulators to the substation application of busbar support, isolator support, and pantograph and disconnector support; and hollow porcelain insulators for use with instrument transformers, circuit breakers, surge arresters, power transformers, condensor bushings, capacitive dividers, wall through bushings, and other applications, as well as RTV coated insulators. In addition, it provides re-distributed products, which comprise transmission line hardware; galvanized distribution materials, such as cross-arms, spindles, earth rods, etc.; dropout fuses; fiber glass stay insulators; and grading rings for solidcore insulators. Further, the company offers turnkey projects services that include design, supply, installation, testing, and commissioning of sub-stations, transmission line, and network quality regulation projects. W.S. Industries (India) Limited was incorporated in 1961 and is based in Chennai, India.

W.S. Industries Dividend Announcement

W.S. Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2009-10-15. Ex dividend date: 2009-09-03
W.S. Industries's trailing twelve-month (TTM) dividend yield is -%

W.S. Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-09-03₹1.00annually2009-10-15
2008-09-18₹0.50annually2008-11-01
2008-02-14₹0.50annually2008-04-01

W.S. Industries Dividend per year

W.S. Industries Dividend Yield

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

W.S. Industries Financial Ratios

P/E ratio14.32
PEG ratio0.14
P/B ratio4.76
ROE39.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

W.S. Industries Dividend FAQ

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