Page 19 - Dividend

India Inc's dividend payout rises 26% to Rs 3.26 trillion in 2022-23

The dividend per share recommended by the top three corporations was more than double that of the previous year, with TCS again at the top of the list

Top Headlines: Govt's dividend from PSBs, Meesho hints at IPO in '25 & more

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Grasim Industries Q4 results: Net profit falls 91% to Rs 93.51 crore

The company declared a dividend of Rs 10 per share

Kirloskar Industries announces dividend of Rs 11 per share for FY23

Kirloskar Industries announced dividend, increase in equity share capital and future plans approved by the company's board

Vedanta announces dividend worth Rs 6,877 cr, Rs 18.5 per equity share

The board has approved the first interim dividend of Rs 18.50 per equity share which is 1850% on face value of Re 1/- per share for the Financial Year 2023-24

Container Corporation of India announces FY23 dividend of Rs 2 per share

Concor's Q4 profit after tax (PAT) came in at Rs 278.5 crore, with operations revenue of Rs 2,166 crore

Reliance Chemotax board to meet on May 26, decide on dividend for FY23

The directors will also consider and deliberate on the audited financial results of the company for the March quarter of the previous financial year

LIC Housing Finance Q4 result: PAT up 5% to Rs 1,180 cr, dividend declared

LIC Housing Finance reported a jump of 5.5% in its consolidated net profit, which came in at Rs 1,180.3 crore, as against Rs 1,118.6 crore in the corresponding period of the previous year

RBI board expected to consider dividend payout to government on Friday

The government has budgeted to receive a total Rs 580 crore from the RBI and other financial institutions it holds stakes in

Tata Motors Q4 results: Net profit at Rs 5,407 crore, dividend declared

Tata Motors Q4 results: In Q4FY23 the revenue of Jaguar Land Rover (JLR) were up 49%

Vedanta Q4 results: Net profit falls 68% to Rs 1,881 cr, revenue down 5.4%

In FY23, it reported an all-time high consolidated revenue of Rs 1.4 trillion, up 11% YoY

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

RIL, ONGC, SBI among key firms that are yet to declare final dividend for FY23

HSBC Holdings' shareholders dismiss call for strategy, dividend switch

About a fifth of voting investors backed the call for HSBC to report regularly on the possibility of carving out its Asian unit, while 19.2% supported lifting its dividend to its pre-pandemic level

Equitas Small Finance Bank Q4 results: Net profit rises 58% to Rs 190 crore

Equitas Small Finance Bank board approves dividend of Rs 1 per share

HDFC Q4 net profit up 19.5%, interim dividend of Rs 44 per share declared

HDFC Q4: The company's total revenue from operations was up 35.6% year-on-year (YoY) to Rs 16,679.43 crore

Tamilnad Mercantile Bank net profit up 11% in Q4 of FY23, expenditure rises

Board recommends final dividend of Rs 5 per equity share, in addition to interim of Rs 5 per share paid before

Bank of Maharashtra Q4 net profit more than doubles to Rs 840 crore

Bank has announced a dividend of Rs 1.3 per share with a face value of Rs 10

HDFC Bank recommends 1900% dividend from net profits of FY23

The dividend benefit was taken during the meeting held on Saturday during which HDFC Bank also fixed a record date for the said dividend

Top headlines: HDFC Bank recommends 1900% dividend, Sec 144 imposed in UP

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Anand Rathi Wealth Q4 profit rises 23% to Rs 43 cr; dividend Rs 7 per share

Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, on Wednesday reported a 23 per cent jump in its profit after tax at Rs 42.7 crore during the three months ended March 2023. In comparison, the company had posted a PAT (profit after tax) of Rs 34.6 crore during the same quarter of the preceding fiscal, Anand Rathi Wealth said in a regulatory filing. Total revenue rose by 28 per cent to Rs 146.8 crore during the period under review from Rs 114.6 crore in the quarter ended March 31, 2022. Feroze Azeez, Deputy Chief Executive Officer at Anand Rathi Wealth, attributed the robust quarterly numbers to a slew of factors including the addition of Relationship Managers (RMs). For the financial year 2022-23, the company's PAT has surged by 33 per cent to Rs 168.6 crore and total revenue increased by 31 per cent to Rs 558.3 crore. Moreover, the number of active client families went up by 18 per cent to 8,352. "This growth reflects the effectiveness of developing