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Central Depository Services (India) Limited provides depository services in India. The company offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details, and SMS services for depository participants. It also provides facilities to issuers to credit securities to a shareholder's or applicants demat accounts; KYC services in respect of investors in capital markets to capital market intermediaries; facilities for holding of insurance policies in electronic form to the holders of these policies; and facilities for holding and transacting in electronic negotiable warehouse receipts. In addition, it offers services, such as electronic access to security information, electronic access to security information and execution of secured transaction, e-voting, e-notices, e-locker, and mobile application. It serves investors through depository participants, issuer companies, capital market intermediaries, insurance companies, and warehouse service providers/warehouses. The company was incorporated in 1997 and is based in Mumbai, India.

Central Depository Services Dividend Announcement

Central Depository Services announced a annually dividend of ₹19.00 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-07-16
Central Depository Services annual dividend for 2024 was ₹19.00
Central Depository Services annual dividend for 2023 was ₹16.00
Central Depository Services's trailing twelve-month (TTM) dividend yield is 0.62%
Central Depository Services's dividend growth over the last five years (2018-2023) was 35.52% year

Central Depository Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-16₹19.00annually2024-09-16
2023-08-25₹16.00annually2023-10-01
2022-09-07₹15.00annually2022-10-15
2021-09-13₹9.00annually2021-10-21
2020-09-07₹4.50annually2020-10-15
2019-09-06₹4.00annually2019-10-16
2018-08-09₹3.50annually2018-09-19

Central Depository Services Dividend per year

Central Depository Services Dividend growth

Central Depository Services Dividend Yield

Central Depository Services current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Central Depository Services stock? Use our calculator to estimate your expected dividend yield:

Central Depository Services Financial Ratios

P/E ratio59.70
PEG ratio0.43
P/B ratio20.81
ROE36.94%
Payout ratio0.00%
Current ratio2.42
Quick ratio2.70
Cash Ratio0.08

Central Depository Services Dividend FAQ

How much is the next Central Depository Services dividend?
Central Depository Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Central Depository Services dividend. The next Central Depository Services dividend will be released in August.
When is Central Depository Services dividend paid?
Central Depository Services pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Central Depository Services pay?
The specific amount of Central Depository Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Central Depository Services's dividend history.
Does Central Depository Services stock pay dividends?
Yes, Central Depository Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Central Depository Services's dividend history.
How much dividend does Central Depository Services pay?
Central Depository Services paid ₹19.0 in 2024, ₹16.0 in 2023, ₹15.0 in 2022, ₹9.0 in 2021, and ₹4.5 in 2020.
How often does Central Depository Services pay dividends?
Central Depository Services typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Central Depository Services's dividend yield?
The current dividend yield for Central Depository Services is 0.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Central Depository Services's exact dividend yield.
When does Central Depository Services go ex dividend?
Central Depository Services's ex-dividend date for the latest dividend was on 2024-07-16. Central Depository Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Central Depository Services dividend paid?
Central Depository Services pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Central Depository Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Central Depository Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Central Depository Services dividend per share?
Central Depository Services paid ₹19.0 per share in 2024 and ₹16.0 per share in 2023. The amount of dividend per share that Central Depository Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Central Depository Services a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Central Depository Services a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Central Depository Services a dividend stock?
Yes, Central Depository Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Central Depository Services a good dividend stock?
Whether Central Depository Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Central Depository Services has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Central Depository Services 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.
Does Central Depository Services pay dividends monthly?
Central Depository Services typically pays dividends on a annually basis.
Does Central Depository Services pay dividends quarterly?
Central Depository Services currently pays dividends on a annually basis.
Has Central Depository Services ever paid a dividend?
Yes, Central Depository Services has a history of paying dividends to its shareholders. Central Depository Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Central Depository Services dividend stocks?
To buy Central Depository Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Central Depository Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Central Depository Services pay dividends 2024?
Central Depository Services pays dividends on a annually basis. 2024 dividend payments are in 2024-09-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Central Depository Services increase its dividend in 2024?
Decisions regarding Central Depository Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Central Depository Services dividend overview you can look into the above table of dividend history.
How Central Depository Services dividend works?
The Central Depository Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Central Depository Services's dividend process works:

1. Determination of Dividend: Central Depository Services'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, Central Depository Services 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, Central Depository Services 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 Central Depository Services 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.
How are Central Depository Services dividends paid?
Central Depository Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Central Depository Services 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, Central Depository Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Central Depository Services 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.
How many times does Central Depository Services pay dividends?
Central Depository Services typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Central Depository Services pay dividends?
The general pattern is that Central Depository Services pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Central Depository Services dividend safe?
The safety of Central Depository Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Central Depository Services'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 Central Depository Services'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.