EIH Limited engages in the ownership, development, management, and operation of hotels and cruisers in India and internationally. It owns and manages 19 hotels and 1 cruises under the Oberoi Hotels & Resorts brand; and 10 five-star properties under the Trident Hotels brand in Mumbai, Jaipur, and Gurgaon. The company also owns and/or operates a luxury motor vessel in Kerala; and one luxury river Nile cruiser in Egypt. In addition, it owns and operates Oberoi Flight Services and Oberoi Airport Services, which provide catering and other services to international airlines; operates restaurants and lounges in various airports; operates a commercial printing press; and provides air charter, car rental, and project management services, as well as operates the Maidens Hotel in Delhi. EIH Limited was incorporated in 1949 and is based in Delhi, India.
EIH Dividend Announcement
• EIH announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-07-31
• EIH annual dividend for 2024 was ₹1.20
• EIH annual dividend for 2023 was ₹1.10
• EIH's trailing twelve-month (TTM) dividend yield is 0.28%
EIH Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-31 | ₹1.20 | annually | 2024-09-11 |
2023-08-02 | ₹1.10 | annually | 2023-09-08 |
2019-08-05 | ₹0.90 | annually | 2019-08-16 |
2018-07-23 | ₹0.90 | annually | 2018-08-31 |
2017-07-24 | ₹0.90 | annually | 2017-09-01 |
2016-03-17 | ₹1.10 | annually | 2016-03-23 |
2015-07-22 | ₹1.10 | annually | 2015-08-06 |
2014-07-23 | ₹1.10 | annually | 2014-08-07 |
2013-07-23 | ₹0.90 | annually | 2013-08-07 |
2012-07-24 | ₹1.10 | annually | 2012-08-08 |
2011-07-25 | ₹0.90 | annually | 2011-09-08 |
2010-08-05 | ₹1.20 | annually | 2010-09-23 |
EIH Dividend per year
EIH Dividend growth
EIH Dividend Yield
EIH current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing EIH stock? Use our calculator to estimate your expected dividend yield:
EIH Financial Ratios
EIH Dividend FAQ
Other factors to consider when evaluating EIH 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: EIH'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, EIH 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, EIH 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 EIH 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: EIH 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, EIH distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EIH 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 EIH'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 EIH'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.