Edelweiss Financial Services Limited provides financial products and services to corporates, individuals, and institutions in India. The company offers retail credit products, such as home loans, small and medium-sized enterprise and business loans, loans against shares, and agricultural and rural finance; corporate credit products, including structured collateralized credit and wholesale mortgage; and distressed credit. It also provides personal and private wealth management, investment banking, institutional equities services, and investment management; asset management products and services comprising mutual funds and alternate asset advisory services; and asset reconstruction services. In addition, the company offers life and general insurance products. It operates through a network of 300 offices. Edelweiss Financial Services Limited was formerly known as Edelweiss Capital Limited and changed its name to Edelweiss Financial Services Limited in August 2011. The company was incorporated in 1995 and is headquartered in Mumbai, India.
Edelweiss Financial Services Dividend Announcement
• Edelweiss Financial Services announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-17
• Edelweiss Financial Services annual dividend for 2024 was ₹1.50
• Edelweiss Financial Services annual dividend for 2023 was ₹1.50
• Edelweiss Financial Services's trailing twelve-month (TTM) dividend yield is 1.16%
Edelweiss Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹1.50 | semi annually | 2024-10-27 |
2023-09-18 | ₹1.25 | semi annually | 2023-09-24 |
2023-04-13 | ₹0.25 | semi annually | 2023-04-29 |
2022-08-25 | ₹1.20 | semi annually | 2022-10-02 |
2022-04-07 | ₹0.25 | semi annually | 2022-04-25 |
2021-08-26 | ₹0.55 | semi annually | 2021-09-16 |
2021-04-07 | ₹0.90 | semi annually | 2021-04-19 |
2019-07-17 | ₹0.30 | semi annually | 2019-07-31 |
2019-02-04 | ₹1.10 | semi annually | 2019-02-16 |
2018-07-18 | ₹0.30 | semi annually | 2018-08-25 |
2018-02-02 | ₹1.05 | semi annually | 2018-02-16 |
2017-07-20 | ₹0.30 | semi annually | 2017-08-11 |
2017-02-17 | ₹1.00 | semi annually | 2017-02-22 |
2016-03-17 | ₹0.25 | semi annually | 2016-06-01 |
2016-02-02 | ₹1.00 | semi annually | 2016-02-12 |
2015-07-10 | ₹0.20 | semi annually | 2015-07-31 |
2015-02-04 | ₹0.80 | semi annually | 2015-02-20 |
2014-07-11 | ₹0.15 | semi annually | 2014-08-12 |
2014-02-05 | ₹0.55 | semi annually | 2014-02-18 |
2013-07-12 | ₹0.10 | semi annually | 2013-08-12 |
2013-02-06 | ₹0.55 | semi annually | 2013-02-16 |
2012-07-12 | ₹0.30 | semi annually | 2012-08-11 |
2012-02-02 | ₹0.30 | semi annually | 2012-02-14 |
Edelweiss Financial Services Dividend per year
Edelweiss Financial Services Dividend growth
Edelweiss Financial Services Dividend Yield
Edelweiss Financial Services current trailing twelve-month (TTM) dividend yield is 1.16%. Interested in purchasing Edelweiss Financial Services stock? Use our calculator to estimate your expected dividend yield:
Edelweiss Financial Services Financial Ratios
Edelweiss Financial Services Dividend FAQ
Other factors to consider when evaluating Edelweiss Financial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Edelweiss Financial Services stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Edelweiss Financial 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, Edelweiss Financial 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, Edelweiss Financial 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 Edelweiss Financial 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: Edelweiss Financial 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, Edelweiss Financial 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: Edelweiss Financial 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 Edelweiss Financial 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 Edelweiss Financial 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.