Crest Ventures Limited operates as a non-banking finance company in India. It operates through three segments: Real Estate, Financial Services, and Investment and Credit. The company develops various real estate projects, such as residential and commercial projects, malls, hotels, and townships. It also provides financial services, including asset management; mutual fund distribution services; and investment management services to family offices and high net worth individuals, as well as deals in wholesale debt markets, foreign exchange markets, interest rate swaps, and currency options. In addition, the company offers destination and event management services, such as tours; meetings, incentives, conferencing, and exhibitions; events; and online services. The company was formerly known as Sharyans Resources Limited and changed its name to Crest Ventures Limited in September 2014. Crest Ventures Limited was incorporated in 1982 and is headquartered in Mumbai, India.
Crest Ventures Dividend Announcement
• Crest Ventures announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-08-23
• Crest Ventures annual dividend for 2024 was ₹1.00
• Crest Ventures annual dividend for 2023 was ₹1.00
• Crest Ventures's trailing twelve-month (TTM) dividend yield is 0.22%
• Crest Ventures's dividend growth over the last five years (2018-2023) was 14.87% year
• Crest Ventures's dividend growth over the last ten years (2013-2023) was 7.18% year
Crest Ventures Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ₹1.00 | annually | 2024-09-30 |
2023-08-18 | ₹1.00 | annually | 2023-09-25 |
2022-09-15 | ₹0.50 | annually | 2022-10-24 |
2021-09-21 | ₹0.50 | annually | 2021-10-29 |
2020-09-03 | ₹0.50 | annually | 2020-10-12 |
2019-08-29 | ₹0.50 | annually | 2019-10-10 |
2018-08-24 | ₹0.50 | annually | 2018-10-04 |
2017-08-02 | ₹0.50 | annually | 2017-09-10 |
2016-07-28 | ₹0.50 | annually | 2016-09-05 |
2015-09-04 | ₹0.50 | annually | 2015-10-15 |
2014-09-11 | ₹0.50 | annually | 2014-10-25 |
2013-07-18 | ₹0.50 | annually | 2013-09-05 |
Crest Ventures Dividend per year
Crest Ventures Dividend growth
Crest Ventures Dividend Yield
Crest Ventures current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing Crest Ventures stock? Use our calculator to estimate your expected dividend yield:
Crest Ventures Financial Ratios
Crest Ventures Dividend FAQ
Other factors to consider when evaluating Crest Ventures 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: Crest Ventures'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, Crest Ventures 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, Crest Ventures 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 Crest Ventures 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: Crest Ventures 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, Crest Ventures distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Crest Ventures 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 Crest Ventures'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 Crest Ventures'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.