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Somi Conveyor Beltings Limited Stock Dividends Overview

SOMICONVEY.NS used to pay dividends yearly. Last paid amount was ₹0.500 at Oct 29, 2018. As of today, dividend yield (TTM) is 0%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹0.500
Somi Conveyor Beltings Limited has not yet announced its next dividend date. Last payment date was: Oct 29, 2018.

SOMICONVEY Dividend Payout History

To ensure a understanding of SOMICONVEY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 25, 2018 Sep 19, 2018 Oct 29, 2018 ₹0.500 1.66%
2 Sep 22, 2016 Sep 22, 2016 Sep 22, 2016 ₹1.00 2.56%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (50.00%)

Growth potential

No dividend growth expected in the near future

FAQ

What factors can affect the amount of SOMICONVEY.NS's dividend payments?
The amount of SOMICONVEY.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SOMICONVEY.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from SOMICONVEY.NS stock be automatically reinvested?
If SOMICONVEY.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SOMICONVEY.NS stock.

How often does SOMICONVEY.NS pay dividend?
Somi Conveyor Beltings Limited (SOMICONVEY.NS) used to pay dividends yearly. The most recent payout was on Oct 29, 2018.

How much does SOMICONVEY.NS pays per share?
The last recorder (Sep 19, 2018) dividend per share was ₹0.500.

What is SOMICONVEY.NS dividend growth rate?
Over the last year, Somi Conveyor Beltings Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Somi Conveyor Beltings Limited has maintained an average Dividends Per Share Growth Rate of 0%.
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About Somi Conveyor Beltings Limited

Somi Conveyor Beltings Limited manufactures and sells industrial conveyor belts in India and internationally. It provides general purpose, heat resistant, fire resistant, and oil resistant conveyor belts. The company also offers special purpose conveyor belts, such as bullet proof, fusion, chevron, rough top, and pipe conveyor belts, as well as rubber sheets and mattings, and steel cord beltings. It primarily serves the cement, sponge iron, power... SOMICONVEY.NS Profile

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