Infosys’ Nandan Nilekani, Deepinder Goyal of Eternal, Mukesh Ambani of Reliance Industries, Murli Krishnan Prasad Divi of Divi’s Laboratories, Rahul Bhatia of InterGlobe Aviation, Mohit Burman of Dabur India, Samir Uttamlal Mehta of Torrent Pharmaceuticals, and Vikas Oberoi of Oberoi Realty.
Hindustan Zinc share price: The shares of the Vedanta Group company have now snapped a four-day gaining streak, which was triggered by the sharp rally in silver prices.
EID Parry plans to distribute Rs 160 crore, with promoters - holding a 41.6 percent stake - receiving nearly Rs 66.6 crore. Edelweiss Financial will distribute Rs 138 crore as dividend, of which over Rs 45 crore will go to promoters holding a 32.7 percent stake.
In FY25, 52 listed public sector undertakings (PSUs) declared dividends, up from 50 a year earlier. However, the overall dividend payout to shareholders will be around Rs 1.33 lakh crore, lower than Rs 1.38 lakh crore in the previous fiscal.
This marks a significant increase from Rs 70.47 lakh crore in the previous year
Nifty50 companies have recorded a dividend payout ratio of 42.9 percent—the highest in the last two years, and the second highest in the past 10 years.
The dividend stands 27 percent over the previous year’s transfer of Rs 2.11 lakh crore
The RBI board will meet on Friday to consider the dividend.
This financial year the RBI dividend has helped keep the fiscal deficit in check despite a decline in nominal growth and a faster pick-up in revenue expenditure
Vedanta's latest dividend payout amounts to Rs 3,324 crore, taking its total dividend distribution for the current financial year to Rs 16,799 crore.
Once approved, this will be the latest payout in what has been a significant year for Vedanta’s dividend distribution. So far in FY25, the company has declared dividends totaling Rs 35 per share.
brokerage said the funds from Vodafone’s complete exit from the Indian towers company are likely to find its way back to Indus Towers shareholders as dividend with attractive yields of up to 6 percent.
The current face value of each stock of Mazagon Dock is Rs 10 and it will also be the first stock split in the company's history.
Tata Consultancy Services Q2 FY25 Results: Analysts had expected the Tata group IT giant’s Q2 revenue to be driven by the ramp-up of key deals, particularly its ongoing partnership with BSNL, and the net profit to be bolstered by robust deal execution.
Hyundai Motor India has become the seventh Indian company to distribute a dividend exceeding Rs 10,000 crore for FY24
Asian Paints board will meet on 23 October to consider payment of dividend for the current financial year 2024-25, and financial results for 2nd quarter ending September.
After October 1, listed companies may shift their buyback strategies by issuing bonus preference shares or debentures, while unlisted firms could consider restructuring or using LLPs as alternatives to traditional company structures. Dividends may still be less tax-efficient than buybacks, experts say.
For the year ending March 2024 HDFC Bank has declared an equity dividend of Rs 19.5 per share.
The threshold could be lowered to Rs 5 lakh, said an official. Currently, banks, post offices, NBFCs, stock exchanges and a host of other institutions share the data with the I-T dept.
This milestone follows BCCL's achievement of clearing its accumulated losses and reporting a net profit of Rs 1,564 crore for the financial year 2023-24, with a turnover of Rs 13,216 crore.
Analysts predict this change will make buybacks less attractive to investors because of the compliance burden and possibly higher taxes.
A dividend cheque of Rs 1,838.15 crore was handed over by Canara Bank MD and CEO K Satyanarayana Raju
Some of the loss-making companies that plan to pay dividends include Gujarat Alkalies and Chemicals Ltd, Kolte Patil Developers, Mahindra Lifespace Developers, RHI Magnesita India, Shreyas Shipping & Logistics, Hinduja Global Solutions, Bajaj Healthcare, and Arvind Fashions among others.
The country’s largest insurer on May 27 declared an interim dividend of Rs 6 per share
The board approved a dividend payment of Rs 11 per share for the financial year 2024-25.