Page 3 - Dividends

Dividend payout ratio 75% for foreign-owned insurance intermediaries

In case the profit for the relevant period includes any extra-ordinary profits or income, the payout ratio shall be computed after excluding such extra-ordinary items

Rs 2,000 cr of unclaimed dividends lying with investor protection authority

Senior government officials say there are at least 2.5 million investors who have not claimed their dividends

Over 92 large companies can pay additional dividends worth Rs 340 bn: IiAS

As many as 92 large companies which sit on a mount of cash, can pay out additional dividends to the tune of Rs 34,000 crore, for the past fiscal year when these firms had muted earnings growth, says a report. These 92 companies, drawn from the BSE 500 index whose members are sitting on a whopping Rs 1.85 trillion in aggregate cash/cash equivalents, have already paid Rs 40,700 crore in dividends in 2016-17 but can pay Rs 34,000 crore more, says proxy advisory firm IiAS. According to its analysis, based on corporate financials in 2016-17, these companies continue to maintain large cash balances and at least 92 of them can potentially return cash to its shareholders as dividends or buybacks. The companies, which are taken from S&P BSE 500 index, includes TCS, Infosys, Wipro, M&M, Ashok Leyland, Bajaj Auto, Indraprastha Gas, GsK Consumer Healthcare, Jubilant FoodWorks, and Nestle India among others. It can be noted that TCS had concluded a Rs 16,000- crore share ...

Dividends from firms, excluding TCS, fell 22%: Tata Sons

But for the TCS dividend, Tata Sons would have shown operating losses during Mistry's tenure

Siren songs

Don't be duped by Europe's dazzling dividends

Have you received your dividend, bonus shares?

Check your demat account and the bank account linked to it regularly, especially after any corporate announcement

Fancy dividends? Keep an eye on these companies

India Inc is doling out dividends to avoid the additional 10 per cent dividend distribution tax imposed on investors with dividend income of about Rs 10 lakh a year