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Announcement DateEx-Dividend DateDividend TypeDividend (Rs)
18 Mar, 202402 Apr, 2024Interim94.00
19 Jan, 202303 Feb, 2023Interim59.00
08 Mar, 202229 Mar, 2022Interim44.00
24 Mar, 202130 Mar, 2021Interim11.00
18 Jan, 202104 Feb, 2021Interim15.00
25 Feb, 202017 Mar, 2020Interim31.00
05 Mar, 201918 Mar, 2019Interim16.00
10 Dec, 201831 Jan, 2019Interim20.00
20 Feb, 201822 Mar, 2018Interim15.00
16 Feb, 201720 Mar, 2017Interim16.50
18 Oct, 201610 Nov, 2016Interim15.00
04 Mar, 201621 Mar, 2016Interim20.00
11 Jan, 201616 Feb, 2016Interim21.00
16 Apr, 201513 May, 2015Interim6.00
09 Mar, 201525 Mar, 2015Interim4.00
12 Jan, 201509 Feb, 2015Interim9.00
16 Apr, 201419 May, 2014Interim6.50
07 Mar, 201424 Mar, 2014Interim3.75
08 Oct, 201331 Oct, 2013Interim9.00
18 Apr, 201313 May, 2013Interim5.00

What is a Dividend?

A dividend is a portion of a company's earnings distributed to its shareholders as a reward for their investment. It reflects the company's profitability and confidence in its financial health. Dividends are typically paid in cash or additional shares. At Pocketful, we make it easy for investors to track and manage dividends directly through our platform.

Key Dates Related to Dividend

  1. Declaration Date: The date on which the company announces its intention to pay a dividend.
  2. Ex-Dividend Date: The cut-off date to determine which shareholders are eligible for the dividend. Shares purchased after this date will not qualify.
  3. Record Date: The date on which the company checks its records to identify eligible shareholders.
  4. Payment Date: The date on which the dividend is credited to shareholders.

Example of a Dividend

Suppose TVS Holdings Ltd declares a dividend of ₹5 per share on January 1, 2024. The key dates are:

  • Declaration Date: January 1, 2024
  • Ex-Dividend Date: January 10, 2024
  • Record Date: January 11, 2024
  • Payment Date: January 20, 2024

If an investor owns 100 shares of TVS Holdings Ltd, they will receive ₹500 (₹5 x 100) as a dividend payment from TVS Holdings Ltd. Using Pocketful, investors can easily view this data under the corporate actions section and stay updated on key announcements.

Types of Dividends

  1. Cash Dividend: Paid directly to shareholders in cash.
  2. Stock Dividend: Additional shares distributed instead of cash.
  3. Special Dividend: A one-time dividend distributed in extraordinary circumstances.
  4. Interim Dividend: Paid before the company's annual general meeting based on interim financial results.
  5. Final Dividend: Declared at the end of the financial year and approved in the AGM.

Financial Performance and Dividend Decisions

TVS Holdings Ltd bases its dividend decisions on profitability, cash flow availability, and long-term growth plans. A company’s dividend yield aligning with industry standards can reward investors during profitable periods. Dividend payouts are influenced by multiple factors, and companies often adjust their dividend policies based on various phases of their growth and financial strategies. Phases such as:

  • Stable Phase: During stable growth years, companies offer higher dividends, reflecting surplus earnings.
  • Conservative Period: In times of reinvestment or debt reduction, dividends were reduced or suspended to support strategic goals.

Dividend History and Trends of TVS Holdings Ltd

Dividends are a strong indicator of a company’s financial health and shareholder-friendly policies. Over the years, TVS Holdings Ltd has demonstrated its commitment to rewarding shareholders through consistent dividend payouts.

Why Do Companies Pay Dividends?

  1. Reward to Shareholders: Encourages long-term investment and boosts investor confidence.
  2. Signal Financial Strength: Reflects profitability and financial stability.
  3. Tax Advantages for Investors: Dividends may offer better tax treatment compared to capital gains in certain cases.

How Can I Track Dividends of TVS Holdings Ltd?

Tracking dividends is essential for investors who seek passive income or prefer income-generating stocks. With Pocketful, investors can access real-time data and insights on TVS Holdings Ltd’s dividend payouts. At Pocketful, we simplify dividend tracking for our users:

  1. Visit the stock's Corporate Actions section.
  2. Look for the Dividends tab to view the declared and historical dividends.

Using the Pocketful platform, investors can:

  1. View historical dividend data, including important dates such as record date, announcement date, etc.
  2. Analyze dividends to compare with the industry peers.

For investors, dividends serve as both a source of passive income and a sign of financial stability. Companies like TVS Holdings Ltd balance dividend payouts with growth investments, offering a mix of income and capital appreciation.

Tax Implications of Dividends in India

Dividends are taxable in the hands of shareholders as income from other sources. As of 2024, companies deduct a 10% TDS (Tax Deducted at Source) on dividends exceeding ₹5,000 in a financial year.

FAQs

What happens if I buy shares of TVS Holdings Ltd on the ex-dividend date?

Shares of TVS Holdings Ltd bought on or after the ex-dividend date will not be eligible for the announced dividend.

Can dividends be reinvested?

Yes, some companies offer Dividend Reinvestment Plans (DRIPs) where dividends are used to purchase additional shares.

Are dividends of TVS Holdings Ltd guaranteed?

No, dividends are not guaranteed. They depend on the company's profitability and decision by the board.

How often are dividends paid?

Dividends can be paid quarterly, semi-annually, or annually based on the company’s policy.

How do I check if TVS Holdings Ltd has declared dividends?

Simply navigate to the Corporate Actions section of Pocketful, and view declared and upcoming dividends.

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