Angel One Limited provides broking and advisory services, margin funding, loans against shares, and financial products to its clients in India. It operates in three segments: Broking and Related Services; Finance and Investing Activities; and Health and Allied Fitness Activities. The company offers broking services through online and digital platforms, as well as a network of authorized persons. Its products include equity, commodities, derivatives, and currency trading. The company offers portfolio management, investment advisory, intraday trading, trading account, portfolio health score, initial public offering, and DEMAT account services. It also engages in the financing and investment activities; and operation of fitness centers. The company was formerly known as Angel Broking Limited and changed its name to Angel One Limited in September 2021. Angel One Limited was incorporated in 1996 and is based in Mumbai, India.
Angel One Dividend Announcement
• Angel One announced a quarterly dividend of ₹12.70 per ordinary share which will be made payable on 2024-02-14. Ex dividend date: 2024-01-23
• Angel One annual dividend for 2024 was ₹12.70
• Angel One annual dividend for 2023 was ₹45.15
• Angel One's trailing twelve-month (TTM) dividend yield is 0.45%
• Angel One's payout ratio for the trailing twelve months (TTM) is 16.20%
Angel One Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-23 | ₹12.70 | quarterly | 2024-02-14 |
2023-10-20 | ₹12.70 | quarterly | 2023-11-10 |
2023-07-21 | ₹9.25 | quarterly | 2023-08-12 |
2023-06-16 | ₹4.00 | quarterly | 2023-07-23 |
2023-03-31 | ₹9.60 | quarterly | 2023-04-20 |
2023-01-24 | ₹9.60 | quarterly | 2023-02-15 |
2022-10-20 | ₹9.00 | quarterly | 2022-11-12 |
2022-07-21 | ₹7.65 | quarterly | 2022-08-13 |
2022-05-23 | ₹2.25 | quarterly | 2022-06-30 |
2022-04-08 | ₹7.00 | quarterly | 2022-04-30 |
2022-01-24 | ₹7.00 | quarterly | 2022-02-15 |
2021-10-27 | ₹5.70 | quarterly | 2021-11-18 |
2021-07-23 | ₹5.15 | quarterly | 2021-08-14 |
2021-04-29 | ₹7.50 | quarterly | 2021-05-21 |
2020-11-02 | ₹4.15 | quarterly | 2020-11-25 |
Angel One Dividend per year
Angel One Dividend growth
Angel One Dividend Yield
Angel One current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing Angel One stock? Use our calculator to estimate your expected dividend yield:
Angel One Financial Ratios
Angel One Dividend FAQ
Other factors to consider when evaluating Angel One 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: Angel One'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, Angel One 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, Angel One 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 Angel One 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: Angel One 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, Angel One distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Angel One 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 Angel One'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 Angel One'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.