Housing and Urban Development Corporation Limited provides long term finance for the construction of houses and to undertake housing and urban infrastructure development programs in India. The company offers loans for housing projects, such as urban and rural housing, co-operative housing, community toilets, slum upgradation, staff housing, repairs and renewals, land acquisition, and building technology, as well as implementing agencies comprising state government bodies, co-operative societies, corporate borrowers, and joint sectors. It also provides financing for infrastructure projects in the sectors of water supply; sewerage; drainage; solid waste management; roads and transport; power generation, transmission, and distribution; telecom sector and industrial infrastructure; and social infrastructure component, such as National games village, stadiums, sports complexes, shooting ranges, parks and play grounds, health centers, government hospitals, working women hostels, schools and colleges, universities, State Vidhan Sabha Sadans, law chambers, police academies and stations, fire stations, courts/collectorates/office buildings, rehabilitation centers, auditoriums, convention halls, crematoriums, abattoirs, etc., as well as commercial infrastructure components, including office buildings, shopping centers, market complexes, theatres/multiplexes/auditorials, trade and business centers, hotels, etc. In addition, the company offers consultancy services, including URP services, environmental engineering, and government programs consultancy services; and disaster mitigation services. Further, it provides home loans for individuals. Housing and Urban Development Corporation Limited was incorporated in 1970 and is based in New Delhi, India.
Housing and Urban Development Dividend Announcement
• Housing and Urban Development announced a semi annually dividend of ₹2.65 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-13
• Housing and Urban Development annual dividend for 2024 was ₹4.15
• Housing and Urban Development annual dividend for 2023 was ₹3.85
• Housing and Urban Development's trailing twelve-month (TTM) dividend yield is 1.88%
• Housing and Urban Development's dividend growth over the last five years (2018-2023) was 47.58% year
Housing and Urban Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹2.65 | semi annually | 2024-10-25 |
2024-03-28 | ₹1.50 | semi annually | |
2023-09-08 | ₹3.10 | semi annually | 2023-10-21 |
2023-03-21 | ₹0.75 | semi annually | 2023-04-13 |
2022-09-15 | ₹2.75 | semi annually | 2022-10-26 |
2022-03-29 | ₹0.75 | semi annually | 2022-04-21 |
2021-09-16 | ₹1.43 | semi annually | 2021-10-30 |
2021-03-25 | ₹0.75 | semi annually | 2021-04-17 |
2020-09-10 | ₹2.35 | semi annually | 2020-10-30 |
2020-03-26 | ₹0.75 | semi annually | 2020-04-17 |
2019-09-12 | ₹0.15 | semi annually | 2019-10-25 |
2019-03-20 | ₹0.68 | semi annually | 2019-04-11 |
2018-03-08 | ₹0.55 | semi annually | 2018-03-30 |
2017-09-14 | ₹0.05 | semi annually | 2017-10-28 |
Housing and Urban Development Dividend per year
Housing and Urban Development Dividend growth
Housing and Urban Development Dividend Yield
Housing and Urban Development current trailing twelve-month (TTM) dividend yield is 1.88%. Interested in purchasing Housing and Urban Development stock? Use our calculator to estimate your expected dividend yield:
Housing and Urban Development Financial Ratios
Housing and Urban Development Dividend FAQ
Other factors to consider when evaluating Housing and Urban Development 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: Housing and Urban Development'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, Housing and Urban Development 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, Housing and Urban Development 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 Housing and Urban Development 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: Housing and Urban Development 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, Housing and Urban Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Housing and Urban Development 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 Housing and Urban Development'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 Housing and Urban Development'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.