Emkay Global Financial Services Limited, through its subsidiaries, provides stock broking, investment banking, portfolio management, and wealth management services in India. The company offers institutional equities, private wealth management and investment banking, commodities, currency derivatives, and retail broking services. It also provides investment solutions, such as portfolio creation, investment planning, portfolio monitoring, transactional support, MIS and information support, and advisory services; and estate and succession planning. It serves institutional investors, mutual funds, hedge funds, banks, insurance companies, private equity firms, corporate houses, small and medium sized enterprises, and high net worth individuals. The company was formerly known as Emkay Share and Stock Brokers Private Limited and changed its name to Emkay Global Financial Services Limited in June 2008. Emkay Global Financial Services Limited was incorporated in 1995 and is based in Mumbai, India.
Emkay Global Financial Services Dividend Announcement
• Emkay Global Financial Services announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-09-07. Ex dividend date: 2024-08-01
• Emkay Global Financial Services annual dividend for 2024 was ₹1.50
• Emkay Global Financial Services annual dividend for 2023 was ₹1.00
• Emkay Global Financial Services's trailing twelve-month (TTM) dividend yield is 0.53%
Emkay Global Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ₹1.50 | annually | 2024-09-07 |
2023-08-03 | ₹1.00 | annually | 2023-09-09 |
2022-07-29 | ₹1.25 | annually | 2022-09-07 |
2021-07-29 | ₹1.00 | annually | 2021-09-05 |
2019-08-02 | ₹1.00 | annually | 2019-09-11 |
2018-08-01 | ₹0.50 | annually | 2018-09-13 |
2017-07-28 | ₹1.00 | annually | 2017-09-10 |
2016-03-22 | ₹1.00 | annually | 2016-06-01 |
2012-07-24 | ₹0.50 | annually | 2012-09-07 |
2011-07-20 | ₹1.00 | annually | 2011-08-31 |
2010-08-17 | ₹1.00 | annually | 2010-08-30 |
2008-08-21 | ₹1.75 | annually | 2008-10-01 |
Emkay Global Financial Services Dividend per year
Emkay Global Financial Services Dividend growth
Emkay Global Financial Services Dividend Yield
Emkay Global Financial Services current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Emkay Global Financial Services stock? Use our calculator to estimate your expected dividend yield:
Emkay Global Financial Services Financial Ratios
Emkay Global Financial Services Dividend FAQ
Other factors to consider when evaluating Emkay Global 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.
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1. Determination of Dividend: Emkay Global 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, Emkay Global 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, Emkay Global 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 Emkay Global 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: Emkay Global 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, Emkay Global 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: Emkay Global 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 Emkay Global 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 Emkay Global 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.