Page 20 - Dividend

Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share

So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore

ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income

The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period

The weaker side of generosity

High dividend payouts reflect low growth expectations

Vedanta declares dividend of Rs 19.5 per share in boost to London parent

The hefty dividend comes even as the firm plans to ramp up capital investment to as much $2 billion in the year ending March 2023

Robust oil earnings likely to drive RIL's Q1 results, say analysts

Retail to benefit from low base; tariff hikes to power telecom growth

Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts

Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal

Sebi revises threshold for adjustment in derivative contracts post dividend

Capital markets regulator Sebi on Tuesday came out with new adjustment rules for dividends in Futures and Options (F&O) scrips. "It has been decided that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2 per cent of the market value of underlying stock," Sebi said in a circular. The threshold has been revised from 5 per cent and above to 2 per cent and above. The new framework will be applicable from Wednesday. Currently, dividends that are below 5 per cent of the market value of the underlying stock are deemed ordinary dividends and no adjustment in the strike price is made for such dividends. For extra-ordinary dividends, which will be at and above 2 per cent of the market value of the underlying security, the strike price would be adjusted. In case of declaration of "extra-ordinary" dividend by any company, the total dividend amount (special and /or ordinary) would be reduced from all the strike prices of the option

AAI seeks waiver of mandatory annual dividend payment for 2021-22 fiscal

Airports Authority of India (AAI) has requested the government to waive the compulsory dividend payment requirement for the financial year ended March 2022

Bank of Baroda revises proposed dividend upwards to Rs 2.85 per share

Small impact on net-worth and capital adequacy. The dividend payment is subject to shareholders' approval at the annual general meeting

IRCTC Q4 net profit jumps 106%, firm declares dividend of Rs 1.5

IRCTC's revenue from operations soared 103% to Rs 691 crore in the March quarter

ONGC Q4 consolidated PAT rises 10%, firm declares dividend of Rs 3.25

ONGC's consolidated revenue from operations rose 37% to Rs 1.55 trillion in Q4FY22

ITC trades flat as stock turns ex-date for dividend of Rs 6.25 per share

ITC said the dividend will be paid between July 22, 2022 and July 26, 2022 to entitled members.

Bank of Maharashtra to pay 5% dividend from net worth on govt nudge

The payout will make a small dent in lender's capital adequacy ratio; stock sheds 3.73% on BSE

ITC Q4 consolidated PAT up 12% at Rs 4,196 cr, declares dividend of Rs 6.5

Consolidated revenue from operations rose 14% to Rs 17,554 crore as against Rs 15,404 crore in Q4FY21

After tepid market debut, antsy LIC investors seek Aramco-style dividend

Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the govt

Indus Towers hits 52-week low as stock turns ex date for interim dividend

The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.

Vedanta plans to issue $1.5 billion dividend, lifting parent's bonds

The parent firm's dollar bonds rose the most in six weeks Friday, with the notes maturing in July hitting the highest level since October, according to Bloomberg-compiled data

Vedanta to pay Rs 117.1 billion in dividends as Q4 profit drops

Shares of Vedanta fell 0.2% in Mumbai on Thursday before the earnings were published, paring the year's gains to 21%.

HDFC Bank declares Rs 15.50 per share dividend for shareholders

HDFC Bank on Saturday declared a 1550 per cent or 15.50 per share dividend to its shareholders for the financial year 2021-22.

Govt gets Rs 2,399 cr as dividend tranches from 3 CPSEs

The government has received Rs 2,399 crore as dividend tranches from 3 central public sector enterprises (CPSEs), DIPAM Secretary Tuhin Kanta Pandey said on Wednesday.