CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal. The company provides rating services for debt instruments, such as bonds, debentures, hybrid instruments, preference shares, fixed deposits, commercial papers and short-term debt programs, and certificate of deposits; and bank loan; financial sector rating services, which cover banks, non-banking finance companies, housing finance companies, financial institutions, etc.; structured finance ratings; insurance ratings; infrastructure sector ratings; and public finance rating services that cover ratings of state government entities and urban infrastructure projects, as well as corporate governance ratings, project finance, and MLD valuation services. It offers corporate advisory, project evaluation and monitoring, credit analytics, industry and company research, and due diligence and grading services, as well as research and analytics to corporates, financial institutions, banks, and institutional investors. It was formerly known as Credit Analysis and Research Limited and changed its name to CARE Ratings Limited in June 2017. CARE Ratings Limited was incorporated in 1993 and is headquartered in Mumbai, India.
CARE Ratings Dividend Announcement
• CARE Ratings announced a quarterly dividend of ₹7.00 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-05
• CARE Ratings annual dividend for 2024 was ₹18.00
• CARE Ratings annual dividend for 2023 was ₹25.00
• CARE Ratings's trailing twelve-month (TTM) dividend yield is 1.21%
• CARE Ratings's dividend growth over the last five years (2018-2023) was -10.28% year
• CARE Ratings's dividend growth over the last ten years (2013-2023) was -2.44% year
CARE Ratings Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | ₹7.00 | quarterly | 2024-11-22 |
2024-06-21 | ₹11.00 | quarterly | 2024-08-07 |
2023-11-10 | ₹7.00 | quarterly | 2023-11-29 |
2023-07-07 | ₹8.00 | quarterly | 2023-08-27 |
2023-02-10 | ₹10.00 | quarterly | 2023-02-27 |
2022-09-13 | ₹10.00 | quarterly | 2022-10-25 |
2021-11-11 | ₹7.00 | quarterly | 2021-11-28 |
2021-09-07 | ₹6.00 | quarterly | 2021-10-13 |
2021-09-06 | ₹6.00 | quarterly | |
2021-02-17 | ₹3.00 | quarterly | 2021-03-08 |
2020-11-18 | ₹8.00 | quarterly | 2020-12-03 |
2020-08-31 | ₹2.50 | quarterly | 2020-10-08 |
2020-02-20 | ₹6.00 | quarterly | 2020-03-08 |
2019-11-19 | ₹8.00 | quarterly | 2019-12-04 |
2019-09-19 | ₹12.00 | quarterly | 2019-10-30 |
2019-08-19 | ₹3.00 | quarterly | 2019-08-30 |
2019-02-21 | ₹6.00 | quarterly | 2019-03-13 |
2018-11-15 | ₹6.00 | quarterly | 2018-12-02 |
2018-09-18 | ₹25.00 | quarterly | 2018-10-24 |
2018-08-24 | ₹6.00 | quarterly | 2018-09-12 |
2018-02-09 | ₹6.00 | quarterly | 2018-03-01 |
2017-11-28 | ₹6.00 | quarterly | 2017-12-15 |
2017-09-05 | ₹6.00 | quarterly | 2017-09-21 |
2017-07-24 | ₹10.00 | quarterly | 2017-08-30 |
2017-02-14 | ₹6.00 | quarterly | 2017-03-05 |
2016-11-17 | ₹6.00 | quarterly | 2016-12-04 |
2016-09-19 | ₹10.00 | quarterly | 2016-10-27 |
2016-08-18 | ₹6.00 | quarterly | 2016-09-04 |
2016-02-10 | ₹6.00 | quarterly | 2016-02-28 |
2015-11-16 | ₹6.00 | quarterly | 2016-02-28 |
2015-09-21 | ₹8.00 | quarterly | 2015-10-29 |
2015-07-29 | ₹6.00 | quarterly | 2015-08-16 |
2014-09-24 | ₹65.00 | quarterly | 2014-10-29 |
2014-08-13 | ₹6.00 | quarterly | 2014-08-30 |
2014-01-30 | ₹6.00 | quarterly | 2014-02-18 |
2013-11-26 | ₹6.00 | quarterly | 2013-12-12 |
2013-09-24 | ₹8.00 | quarterly | 2013-10-27 |
2013-08-22 | ₹6.00 | quarterly | 2013-09-09 |
2013-03-07 | ₹12.00 | quarterly | 2013-03-24 |
CARE Ratings Dividend per year
CARE Ratings Dividend growth
CARE Ratings Dividend Yield
CARE Ratings current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing CARE Ratings stock? Use our calculator to estimate your expected dividend yield:
CARE Ratings Financial Ratios
CARE Ratings Dividend FAQ
Other factors to consider when evaluating CARE Ratings 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: CARE Ratings'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, CARE Ratings 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, CARE Ratings 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 CARE Ratings 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: CARE Ratings 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, CARE Ratings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CARE Ratings 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 CARE Ratings'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 CARE Ratings'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.