Cholamandalam Financial Holdings Limited, an investment company, provides financial services in India. The company provides vehicle finance, home loans, home equity loans, SME loans, investment advisory and stock broking services, and various other financial services. It also offers accident, engineering, health, liability, marine, motor, property, rural, and travel insurance products for individuals and corporates. The company was formerly known as TI Financial Holdings Limited and changed its name to Cholamandalam Financial Holdings Limited in March 2019. Cholamandalam Financial Holdings Limited was incorporated in 1949 and is based in Chennai, India.
Cholamandalam Financial Dividend Announcement
• Cholamandalam Financial announced a annually dividend of ₹0.55 per ordinary share which will be made payable on 2024-09-07. Ex dividend date: 2024-08-02
• Cholamandalam Financial annual dividend for 2024 was ₹0.55
• Cholamandalam Financial annual dividend for 2023 was ₹0.55
• Cholamandalam Financial's trailing twelve-month (TTM) dividend yield is 0.04%
• Cholamandalam Financial's dividend growth over the last five years (2018-2023) was -15.14% year
• Cholamandalam Financial's dividend growth over the last ten years (2013-2023) was -12.11% year
Cholamandalam Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-02 | ₹0.55 | annually | 2024-09-07 |
2023-08-03 | ₹0.55 | annually | 2023-09-08 |
2022-08-02 | ₹0.55 | annually | 2022-09-08 |
2021-07-27 | ₹0.55 | annually | 2021-09-02 |
2020-03-05 | ₹0.65 | annually | 2020-03-27 |
2019-07-24 | ₹0.65 | annually | 2019-08-13 |
2019-02-14 | ₹0.60 | annually | 2019-03-06 |
2018-07-23 | ₹0.65 | annually | 2018-08-07 |
2018-02-15 | ₹0.60 | annually | 2018-03-07 |
2017-02-17 | ₹1.25 | annually | 2017-02-24 |
2016-07-20 | ₹3.50 | annually | 2016-08-01 |
2016-02-15 | ₹1.50 | annually | 2016-02-23 |
2015-07-22 | ₹0.50 | annually | 2015-09-09 |
2015-02-13 | ₹1.50 | annually | 2015-02-23 |
2014-07-16 | ₹0.50 | annually | 2014-09-05 |
2014-02-13 | ₹1.50 | annually | 2014-02-21 |
2013-07-17 | ₹0.50 | annually | 2013-09-01 |
2013-02-12 | ₹1.50 | annually | 2013-02-22 |
Cholamandalam Financial Dividend per year
Cholamandalam Financial Dividend growth
Cholamandalam Financial Dividend Yield
Cholamandalam Financial current trailing twelve-month (TTM) dividend yield is 0.04%. Interested in purchasing Cholamandalam Financial stock? Use our calculator to estimate your expected dividend yield:
Cholamandalam Financial Financial Ratios
Cholamandalam Financial Dividend FAQ
Other factors to consider when evaluating Cholamandalam Financial 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: Cholamandalam Financial'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, Cholamandalam Financial 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, Cholamandalam Financial 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 Cholamandalam Financial 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: Cholamandalam Financial 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, Cholamandalam Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cholamandalam Financial 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 Cholamandalam Financial'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 Cholamandalam Financial'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.