Dhani Services Limited provides digital healthcare and digital transactional finance through its Dhani app in India. The company offers personal loans, business installment loans, etc. Its e-pharmacy sells pharmaceutical products. It also provides monthly subscriptions for product offerings, including doctor consultancy, pharmacy, health365, one freedom card, credit, family health insurance and third-party product distribution, etc. In addition, the company offers card enabled prepaid payment program management and remittance services. Further, it engages in the provision of stock and commodity broking services; business of cross selling of real estate; and asset reconstruction business of stressed assets. The company was formerly known as Indiabulls Ventures Limited and changed its name to Dhani Services Limited in October 2020. Dhani Services Limited was incorporated in 1995 and is based in Mumbai, India.
Dhani Services Dividend Announcement
• Dhani Services announced a annually dividend of ₹2.25 per ordinary share which will be made payable on 2020-04-10. Ex dividend date: 2020-03-23
• Dhani Services's trailing twelve-month (TTM) dividend yield is -%
Dhani Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-03-23 | ₹2.25 | annually | 2020-04-10 |
2019-05-08 | ₹1.00 | annually | 2019-05-24 |
2018-05-03 | ₹1.00 | annually | 2018-05-22 |
2017-03-27 | ₹1.00 | annually | 2017-04-15 |
2016-02-01 | ₹0.50 | annually | |
2015-11-02 | ₹0.50 | annually | |
2015-07-30 | ₹1.00 | annually | |
2015-05-06 | ₹1.00 | annually | |
2015-01-29 | ₹1.00 | annually | |
2014-09-18 | ₹1.00 | annually | |
2014-07-31 | ₹1.00 | annually | |
2014-05-05 | ₹1.00 | annually | |
2014-02-03 | ₹1.00 | annually | |
2013-10-31 | ₹1.00 | annually | |
2013-08-05 | ₹1.00 | annually | |
2013-05-06 | ₹1.00 | annually | |
2013-01-31 | ₹1.00 | annually | |
2012-10-31 | ₹1.00 | annually | |
2010-10-27 | ₹1.00 | annually | |
2010-06-03 | ₹2.00 | annually | |
2009-09-22 | ₹2.00 | annually | |
2008-08-27 | ₹7.49 | annually |
Dhani Services Dividend per year
Dhani Services Dividend growth
Dhani Services Dividend Yield
Dhani Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dhani Services stock? Use our calculator to estimate your expected dividend yield:
Dhani Services Financial Ratios
Dhani Services Dividend FAQ
Other factors to consider when evaluating Dhani 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.
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1. Determination of Dividend: Dhani 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, Dhani 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, Dhani 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 Dhani 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.
1. Record Date: Dhani 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, Dhani 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: Dhani 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.
To assess the safety of Dhani 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 Dhani 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.