Huawei Technologies paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme
Among the larger funds, only DSP MF and Invesco MF have not participated in the anchor book
Mindspace Business Parks REIT on Friday declared a distribution of Rs 285.2 crore to its unitholders for the quarter ended March.
Sales of oil and gas assets in countries including Nigeria, Canada and Egypt added $1.4 billion to first-quarter profits
Tax consultants and custodians are also putting heads together to standardise the kind of documents needed to be furnished by FPIs, which can be acceptable to all companies
Insurance sector regulator Irdai on Thursday withdrew its circular on dividend payouts for 2019-20 by insurers in the wake of COVID-19, citing improving economic conditions
The oil and gas sector has emerged as one of the largest contributor to the overall profit or dividend pool, said Motilal Oswal Financial Services in a report
Dividend payout option has to be renamed as "Payout of Income Distribution cum capital withdrawal option," the regulator said in a circular
Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.
While FPIs are also classified as non-residents, the withholding tax rates for these are provided under a separate section 196D of the Income Tax Act
Mohandas Pai, former CEO and board member at Infosys, made a pitch for removing the tax on share buybacks
Companies advance payouts to help promoters save tax
Foreign institutional investors (FIIs) sold shares worth over Rs 1,200 crore, provisional data provided to the stock exchanges shows
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
Senior government officials say there are at least 2.5 million investors who have not claimed their dividends
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 ...
But for the TCS dividend, Tata Sons would have shown operating losses during Mistry's tenure
Don't be duped by Europe's dazzling dividends
Check your demat account and the bank account linked to it regularly, especially after any corporate announcement
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