Advani Hotels & Resorts (India) Limited engages in the hotel business in India. The company operates Caravela Beach Resort, a five-star deluxe resort with 200 rooms located on the white sands of Varca Beach, Goa. It also provides short term accommodation facilities; and restaurant and mobile food services. The company was formerly known as Ramada Hotels (India) Limited and changed its name to Advani Hotels & Resorts (India) Limited in 1999. The company was incorporated in 1987 and is based in Mumbai, India.
Advani Hotels & Resorts Dividend Announcement
• Advani Hotels & Resorts announced a semi annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-05-31
• Advani Hotels & Resorts annual dividend for 2024 was ₹4.80
• Advani Hotels & Resorts annual dividend for 2023 was ₹2.80
• Advani Hotels & Resorts's trailing twelve-month (TTM) dividend yield is 3.92%
Advani Hotels & Resorts Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ₹0.80 | semi annually | 2024-06-17 |
2024-02-09 | ₹4.00 | semi annually | |
2023-05-31 | ₹2.80 | semi annually | 2023-06-18 |
2022-12-29 | ₹4.00 | semi annually | 2023-01-15 |
2022-06-01 | ₹2.80 | semi annually | 2022-06-19 |
2020-02-18 | ₹2.20 | semi annually | 2020-03-12 |
2019-09-26 | ₹1.60 | semi annually | 2019-10-17 |
2019-05-21 | ₹2.80 | semi annually | 2019-06-09 |
2019-02-26 | ₹1.20 | semi annually | 2019-03-16 |
2018-07-27 | ₹0.40 | semi annually | 2018-08-31 |
2017-12-12 | ₹1.00 | semi annually | 2017-12-26 |
2017-02-07 | ₹0.80 | semi annually | 2017-02-26 |
2016-08-08 | ₹0.40 | semi annually | 2016-10-26 |
2016-02-18 | ₹0.96 | semi annually | 2016-03-11 |
2015-09-03 | ₹0.24 | semi annually | 2015-10-16 |
2015-02-26 | ₹0.60 | semi annually | 2015-03-09 |
2014-05-29 | ₹0.48 | semi annually | 2014-06-10 |
2013-02-21 | ₹0.52 | semi annually | 2013-03-04 |
2012-05-24 | ₹0.48 | semi annually | 2012-06-11 |
Advani Hotels & Resorts Dividend per year
Advani Hotels & Resorts Dividend growth
Advani Hotels & Resorts Dividend Yield
Advani Hotels & Resorts current trailing twelve-month (TTM) dividend yield is 3.92%. Interested in purchasing Advani Hotels & Resorts stock? Use our calculator to estimate your expected dividend yield:
Advani Hotels & Resorts Financial Ratios
Advani Hotels & Resorts Dividend FAQ
Other factors to consider when evaluating Advani Hotels & Resorts as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Advani Hotels & Resorts's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Advani Hotels & Resorts publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Advani Hotels & Resorts distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Advani Hotels & Resorts are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Advani Hotels & Resorts sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Advani Hotels & Resorts distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Advani Hotels & Resorts declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Advani Hotels & Resorts's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Advani Hotels & Resorts's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.