The IEPFA along with capital market regulator Sebi, is planning to hold ‘Niveshak Shivirs’ across major cities in the coming weeks to help resolve issues of investors relating to share transfer and unclaimed dividend.
Care Ratings said the new government will retain the interim budget's Rs 50,000 crore target on receipts from divestments.
Investors looking for a safe haven can consider these stocks that can almost match the debt yields with the added sweetener of capital appreciation potential.
The Maharatna public sector undertaking has already announced the first interim dividend at Rs 9 per share in December this fiscal to provide support to the government for its growing expenditure in the wake of the COVID-19 pandemic.
Most of these high dividend-paying companies have healthy cash reserves which could be utilized for paying dividends in difficult times as well when the core businesses get impacted.
However, the same would not be applicable under Edelweiss ELSS Fund and Edelweiss Tax Advantage Fund, the notice said.
Morgan Stanley has initiated coverage on the stock with an outperform rating and forecasts 30 percent free cash flow CAGR in FY17-19.
Rajiv C Mody, Chairman and CEO of Sasken Communication Technologies says current cash on books is around Rs 200 crore and the company will receive Rs 200-odd crore net of taxes from the recent arbitration award win. After dividend payout, the net cash would be around Rs 350-360 crore, he adds.
After rising as much as 1.5 percent, shares in Cairn India gain 0.1 percent on hopes the oil explorer will soon announce a dividend payout.
State-owned Punjab & Sind Bank today paid Rs 36.61 crore dividend to the government for the financial year 2010-2011.
German carmaker Daimler posted fourth-quarter earnings that missed forecasts and announced a bigger-than-anticipated dividend payout for 2010 and an upbeat outlook for 2011.
As an investor, you are very often tempted by the dividends declared by mutual funds, little realizing that such declarations are a bait to get investors to invest. Amar Pandit tells you why you shouldn't fall for this.