Career Point Limited, an education company, provides education consultancy, management, tutorial, and residential hostel services in India. It offers tutorial services to students for school curriculum and various competitive examinations in the areas of engineering and medical entrance, NTSE, KVPY, and Science Olympiad. The company provides its tutorial services through various delivery platforms, such as owned branches, franchisee training centers, online courses, school integrated programs, and distance learning solutions. It also offers education consultancy and management services for the administration of schools; infrastructural and financial services to higher education institutions, including colleges and universities; and online platforms and technology-based learning solutions. In addition, the company operates Career Point Gurukul, a residential coaching and school campus; Career Point University, a higher education institution; Global Public School; Global Kids, a pre-school and K12; and Career Point Institute of Skill Development that provides employability skills aligned to industry needs. The company was formerly known as Career Point Infosystems Limited and changed its name to Career Point Limited in September 2011. Career Point Limited was founded in 1993 and is based in Kota, India.
Career Point Dividend Announcement
• Career Point announced a quarterly dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-30
• Career Point annual dividend for 2024 was ₹3.00
• Career Point annual dividend for 2023 was ₹4.00
• Career Point's trailing twelve-month (TTM) dividend yield is 0.96%
Career Point Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | ₹1.00 | quarterly | 2024-09-11 |
2024-07-29 | ₹1.00 | quarterly | 2024-09-04 |
2024-02-23 | ₹1.00 | quarterly | |
2023-11-24 | ₹1.00 | quarterly | 2023-12-07 |
2023-11-17 | ₹1.00 | quarterly | |
2023-09-21 | ₹1.00 | quarterly | 2023-10-28 |
2023-02-24 | ₹1.00 | quarterly | 2023-03-16 |
2022-09-21 | ₹1.00 | quarterly | 2022-10-29 |
2021-02-25 | ₹1.00 | quarterly | 2021-03-11 |
2020-02-25 | ₹1.00 | quarterly | 2020-03-11 |
2019-11-25 | ₹1.00 | quarterly | 2019-12-11 |
2019-08-21 | ₹1.00 | quarterly | 2019-09-06 |
2019-08-14 | ₹1.00 | quarterly | |
2014-08-20 | ₹1.00 | quarterly | 2014-09-05 |
Career Point Dividend per year
Career Point Dividend growth
Career Point Dividend Yield
Career Point current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Career Point stock? Use our calculator to estimate your expected dividend yield:
Career Point Financial Ratios
Career Point Dividend FAQ
Other factors to consider when evaluating Career Point 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: Career Point'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, Career Point 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, Career Point 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 Career Point 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: Career Point 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, Career Point distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Career Point 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 Career Point'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 Career Point'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.