CMS Info Systems Limited operates as a cash management company. It engages in installing, maintaining, and managing assets and technology solutions on end-to-end outsourced basis for banks under long term contracts. The company provides cash management services, including end-to-end ATM replenishment services; cash pick-up and delivery; network cash management and verification services; and cash-in-transit services for banks. It also offers managed services, such as banking automation product sales, deployment, and associated annual maintenance; end-to-end brown label deployment and managed services for banks; common control systems and software solutions, including multi-vendor software solutions and other security and automation software solutions; and remote monitoring services for ATMs. In addition, the company provides end-to-end financial cards issuance and management for banks; and card personalization services. CMS Info Systems Limited was incorporated in 2008 and is based in Mumbai, India.
CMS Info Systems Dividend Announcement
• CMS Info Systems announced a semi annually dividend of ₹3.25 per ordinary share which will be made payable on 2024-08-11. Ex dividend date: 2024-05-28
• CMS Info Systems annual dividend for 2024 was ₹5.75
• CMS Info Systems annual dividend for 2023 was ₹4.75
• CMS Info Systems's trailing twelve-month (TTM) dividend yield is 1.06%
CMS Info Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | ₹3.25 | semi annually | 2024-08-11 |
2024-02-06 | ₹2.50 | semi annually | 2024-02-22 |
2023-08-30 | ₹4.75 | semi annually | 2023-10-06 |
2022-09-13 | ₹1.00 | semi annually | 2022-10-21 |
CMS Info Systems Dividend per year
CMS Info Systems Dividend growth
CMS Info Systems Dividend Yield
CMS Info Systems current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing CMS Info Systems stock? Use our calculator to estimate your expected dividend yield:
CMS Info Systems Financial Ratios
CMS Info Systems Dividend FAQ
Other factors to consider when evaluating CMS Info Systems 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: CMS Info Systems'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, CMS Info Systems 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, CMS Info Systems 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 CMS Info Systems 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: CMS Info Systems 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, CMS Info Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CMS Info Systems 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 CMS Info Systems'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 CMS Info Systems'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.