Page 14 - Dividend

Covid impact: Reserve Bank asks banks not to declare dividend for FY 20

The RBI has asked banks to conserve capital and not make any dividend payments for financial year 2020

Siemens Sept quarter profit slips 5% to Rs 333 cr on higher expenses

The company's board recommended a dividend payment of Rs 7 per equity share of Rs 2 each.

Centre to receive Rs 3,056 crore dividend from Coal India: Official

The total interim dividend outgo for Coal India will be Rs 4,622 crore after the company's board approved it

Saudi Aramco dividend remains unchanged despite 45% slump in profit

The state energy firm's free cash flow was $12.4 billion between July and September, compared with $20.6 billion a year earlier

Larsen & Toubro gains 2% as board to consider special dividend on Wednesday

The stock quoted higher for the seventh straight days, and has gained 8 per cent during the period.

L&T to take up special dividend plan at its upcoming board meeting

The company did not disclose further details or the rationale for the move

Global dividend plunge to be worst since financial crisis; may drop by 23%

Global dividend payments plunged $108 billion to $382 billion in the second quarter of the year

Canon Inc reports first-ever quarterly net loss, cuts dividend payouts

For the full year, the company expects net profit of 43 billion yen, down 66% from the previous year

Covid-19 impact: Dividend payout by IT firms likely to dip further in FY21

Payout has fallen for most firms except TCS in FY20 as companies looked at conserving cash

IndiGo posts Rs 1,290 crore pre-tax loss in Q4 amid Covid-19 lockdown

Although unsure of revival in demand, Chief Financial Officer Aditya Pande said there was a slight uptick in forward bookings after the lockdown was relaxed.

Sun Pharma Q4 profit declines 37% to Rs 399 cr on one-time exceptional loss

The company had posted a net profit of Rs 635.88 crore in the same period previous fiscal, Sun Pharma said in a BSE filing

Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends

The technology company raised $8.5 billion by selling four different bonds with maturities ranging from three years to 30 years

Tech Mahindra Q4 net falls 29%; recommends final dividend of Rs 5/share

The Pune-headquartered company reported Rs 804 crore in consolidated net profit for the March quarter (Q4FY20), a decline of 29.1 per cent on year-on-year (YoY) basis

Infosys Q4 net up 6.3% at Rs 4,321 cr, suspends FY21 guidance

Company abstains from giving annual revenue projections owing to COVID-19 uncertainties, appoints new board member

Dividend payouts by India Inc nearly double to Rs 44,810 cr in Q1 CY20

The change in the tax structure has prompted companies to advance their payouts

Covid-19: InvITs may find it hard to meet 90% dividends distribution rule

Surplus generation will remain limited in Q1FY21 and NHAI compensation may take time, so till then, the liquidity buffer will be used for operating expenses and debt servicing, says Icra

ITC fixes dividend payout for shareholders at 80-85% of profit after tax

The company's financial capacity to address any contingencies is also a consideration while declaring surplus cash as dividend

Adani Ports gains 1.5% after board declares interim dividend of Rs 3.2

In the past one month, shares of the company have slipped over 5.5 per cent while benchmark Nifty50 has declined around 7 per cent.

Non-resident investors are staring at higher tax rates on dividends

Those not availing treaty benefits may have to shell out as much as 40% tax

Letter to BS: Taxing dividends not a prudent decision, benefits FPIs only

With the inclusion of the dividend income, the total taxable income of many taxpayers will get pushed to higher slabs