Firstsource Solutions Limited provides business process management services in the United Kingdom, the United States, Asia, and internationally. The company offers various services across the customer lifecycle, including acquisition, account servicing, collection, and retentions; complaints handling and resolution, mortgage processing and invoice financing, and asset-based lending; compliance and risk management; lead management; sales conversion & onboarding; analytics and business intelligence; digital collections; dispute management; factoring & discounting; default management; and fraud management, as well as mortgage solutions including mortgage value chain origination, underwriting, title, post-closing, servicing, and collections. It also provides digitally enabled customer engagement solutions comprising eligibility & enrollment services; debt collections; digital mailroom operations; claims adjudication & adjustments; receivables management; intelligent automated; eligibility & enrollment; intelligent data capture; and telehealth tech support. In addition, the company offers customer experience management and digitally enabled contact center solutions, such as tier 1 and tier 2 customer support; self-service/contact avoidance; complaints handling and remediation; inbound and outbound sales; retention and loyalty; customer insights/analytics; and revenue generation, as well as meter 2 cash operations; self-service/digital deflection; customer insights/automation; and debt management. It serves the banking and financial services, healthcare, telecom and media, insurance, mortgage, and utilities sectors. The company was formerly known as ICICI Onesource Limited and changed its name to Firstsource Solutions Limited in November 2006. The company was incorporated in 2001 and is based in Mumbai, India. Firstsource Solutions Limited is a subsidiary of RPSG Ventures Limited.
Firstsource Solutions Dividend Announcement
• Firstsource Solutions announced a semi annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-03-08. Ex dividend date: 2024-02-23
• Firstsource Solutions annual dividend for 2024 was ₹7.00
• Firstsource Solutions annual dividend for 2023 was ₹3.50
• Firstsource Solutions's trailing twelve-month (TTM) dividend yield is 1.86%
• Firstsource Solutions's payout ratio for the trailing twelve months (TTM) is 44.91%
• Firstsource Solutions's dividend growth over the last five years (2018-2023) was 18.47% year
Firstsource Solutions Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-02-23 | ₹3.50 | semi annually | 2024-03-08 |
| 2024-02-16 | ₹3.50 | semi annually | 2024-03-08 |
| 2023-02-17 | ₹3.50 | semi annually | 2023-03-04 |
| 2022-02-17 | ₹3.50 | semi annually | 2022-03-06 |
| 2021-02-17 | ₹3.00 | semi annually | 2021-03-11 |
| 2020-02-27 | ₹2.50 | semi annually | 2020-04-01 |
| 2019-07-25 | ₹2.00 | semi annually | 2019-09-01 |
| 2018-07-26 | ₹1.50 | semi annually | 2018-08-07 |
Firstsource Solutions Dividend per year
Firstsource Solutions Dividend growth
Firstsource Solutions Dividend Yield
Firstsource Solutions current trailing twelve-month (TTM) dividend yield is 1.86%. Interested in purchasing Firstsource Solutions stock? Use our calculator to estimate your expected dividend yield:
Firstsource Solutions Financial Ratios
P/E ratio48.21
PEG ratio2.26
P/B ratio6.62
ROE14.22%
Payout ratio44.91%
Current ratio0.89
Quick ratio0.89
Cash Ratio0.09
Firstsource Solutions Dividend FAQ
How much is the next Firstsource Solutions dividend?
Firstsource Solutions's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Firstsource Solutions dividend. The next Firstsource Solutions dividend will be released in February.
When is Firstsource Solutions dividend paid?
Firstsource Solutions pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Firstsource Solutions pay?
The specific amount of Firstsource Solutions dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Firstsource Solutions's dividend history.
Does Firstsource Solutions stock pay dividends?
Yes, Firstsource Solutions does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Firstsource Solutions's dividend history.
How much dividend does Firstsource Solutions pay?
Firstsource Solutions paid ₹7.0 in 2024, ₹3.5 in 2023, ₹3.5 in 2022, ₹3.0 in 2021, and ₹2.5 in 2020.
How often does Firstsource Solutions pay dividends?
Firstsource Solutions typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February.
What is Firstsource Solutions's dividend yield?
The current dividend yield for Firstsource Solutions is 1.86%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Firstsource Solutions's exact dividend yield.
When does Firstsource Solutions go ex dividend?
Firstsource Solutions's ex-dividend date for the latest dividend was on 2024-02-23. Firstsource Solutions typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Firstsource Solutions dividend paid?
Firstsource Solutions pays dividends on a semi annually basis, typically around February, but the exact dates can vary each year.
Will Firstsource Solutions increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Firstsource Solutions will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Firstsource Solutions dividend per share?
Firstsource Solutions paid ₹7.0 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that Firstsource Solutions pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Firstsource Solutions a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Firstsource Solutions a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Firstsource Solutions a dividend stock?
Yes, Firstsource Solutions is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Firstsource Solutions a good dividend stock?
Whether Firstsource Solutions is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Firstsource Solutions has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Firstsource Solutions 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.
Other factors to consider when evaluating Firstsource Solutions 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.
Does Firstsource Solutions pay dividends monthly?
Firstsource Solutions typically pays dividends on a semi annually basis.
Does Firstsource Solutions pay dividends quarterly?
Firstsource Solutions currently pays dividends on a semi annually basis.
Has Firstsource Solutions ever paid a dividend?
Yes, Firstsource Solutions has a history of paying dividends to its shareholders. Firstsource Solutions is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Firstsource Solutions dividend stocks?
To buy Firstsource Solutions you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Firstsource Solutions 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.
Place an order: Use the brokerage's trading platform to place an order to buy Firstsource Solutions 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.
When does Firstsource Solutions pay dividends 2024?
Firstsource Solutions pays dividends on a semi annually basis. 2024 dividend payments are in 2024-03-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Firstsource Solutions increase its dividend in 2024?
Decisions regarding Firstsource Solutions dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Firstsource Solutions dividend overview you can look into the above table of dividend history.
How Firstsource Solutions dividend works?
The Firstsource Solutions dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Firstsource Solutions's dividend process works:
1. Determination of Dividend: Firstsource Solutions'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, Firstsource Solutions 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, Firstsource Solutions 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 Firstsource Solutions 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. Determination of Dividend: Firstsource Solutions'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, Firstsource Solutions 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, Firstsource Solutions 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 Firstsource Solutions 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.
How are Firstsource Solutions dividends paid?
Firstsource Solutions dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Firstsource Solutions 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, Firstsource Solutions distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Firstsource Solutions 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.
1. Record Date: Firstsource Solutions 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, Firstsource Solutions distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Firstsource Solutions 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.
How many times does Firstsource Solutions pay dividends?
Firstsource Solutions typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Firstsource Solutions pay dividends?
The general pattern is that Firstsource Solutions pays dividends around February. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Firstsource Solutions dividend safe?
The safety of Firstsource Solutions's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Firstsource Solutions'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 Firstsource Solutions'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.
To assess the safety of Firstsource Solutions'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 Firstsource Solutions'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.