DiGiSPICE Technologies Limited operates as an information and communication technology company in India and internationally. It operates through two segments, Digital Technology Services and Financial Technology Services. The company provides value added and mobile content services to the telecom operators, as well as develops and sells telecom related software. It offers Horizon, an enabling platform for network operators, and acts as a gateway for their content and service partners; Mziiki, a music app and mobisite that provides African music experience; CNema, a video on demand mobile app; My Studio, a music service app; and NextGen CRBT platform for 4G and LTE networks that helps to provide video RBT, HD Audio RBT, Live Streaming RBT, and Social RBT to end users. The company also provides UNIGOV, a digital government solution, which offers citizen-centric services; Spice Money, a merchant-only mobile wallet; and DiGiMoney, a mobile wallet. In addition, it offers robotic process automation solutions; pView, an enterprise platform that simplifies operations by capturing, processing, and reporting data; Cognitive Engagement Platform for telecom operators; and DiGi Identifier, an AI driven remote biometric digital authentication on boarding technology platform that helps enterprises speed up customer on-boarding through automated document collection, authentication, and verification process. The company was formerly known as Spice Mobility Limited and changed its name to DiGiSPICE Technologies Limited in August 2019. The company was incorporated in 1986 and is based in Noida, India. DiGiSPICE Technologies Limited is a subsidiary of Spice Connect Private Limited.
DiGiSPICE Technologies Dividend Announcement
• DiGiSPICE Technologies announced a annually dividend of ₹0.45 per ordinary share which will be made payable on 2019-10-27. Ex dividend date: 2019-09-19
• DiGiSPICE Technologies's trailing twelve-month (TTM) dividend yield is -%
DiGiSPICE Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-09-19 | ₹0.45 | annually | 2019-10-27 |
2014-02-12 | ₹1.50 | annually | 2014-03-04 |
2013-11-08 | ₹0.15 | annually | 2013-11-22 |
2012-11-30 | ₹1.50 | annually | 2012-12-18 |
2011-09-20 | ₹1.50 | annually | 2011-10-04 |
2010-09-21 | ₹1.50 | annually | 2010-10-29 |
2009-09-17 | ₹0.27 | annually | 2009-10-24 |
2008-06-13 | ₹0.45 | annually |
DiGiSPICE Technologies Dividend per year
DiGiSPICE Technologies Dividend growth
DiGiSPICE Technologies Dividend Yield
DiGiSPICE Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing DiGiSPICE Technologies stock? Use our calculator to estimate your expected dividend yield:
DiGiSPICE Technologies Financial Ratios
DiGiSPICE Technologies Dividend FAQ
Other factors to consider when evaluating DiGiSPICE Technologies 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: DiGiSPICE Technologies'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, DiGiSPICE Technologies 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, DiGiSPICE Technologies 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 DiGiSPICE Technologies 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: DiGiSPICE Technologies 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, DiGiSPICE Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DiGiSPICE Technologies 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 DiGiSPICE Technologies'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 DiGiSPICE Technologies'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.