ICICI Securities Limited provides institutional and retail broking, merchant banking, financial products distribution, private wealth management, and issuer and advisory services. The company operates through three segments: Treasury, Broking & Distribution, and Issuer Services & Advisory. It operates ICICIdirect.com, an online broking platform to invest in equity, derivatives, currency futures, and margin trading funding; and distributes financial products and services, such as mutual funds, fixed deposits, loans, tax services, pension products, rental discounting, asset financing, overdraft, and life and general insurance products. The company also provides private wealth management services, such as investment solutions, protection, mortgages and loans, tax advisory, estate planning, and real estate services, as well as alternative investment, raising equity capital, debt syndication, and monetizing assets services. In addition, it offers equity capital market products and services, including initial public offerings, qualified institutional placements, rights issue, preferential issues, and block and bulk deals; corporate access, investor meets, and equity research services; and corporate finance services comprising debt advisory, mergers and acquisitions, advisory, private equity, and structured products. It serves corporates, financial institutions, high net-worth individuals, and retail investors in India and internationally. The company was formerly known as ICICI Securities and Finance Company Limited and changed its name to ICICI Securities Limited in April 2003. The company was incorporated in 1995 and is headquartered in Mumbai, India. ICICI Securities Limited operates as a subsidiary of ICICI Bank Limited.
ICICI Securities Dividend Announcement
• ICICI Securities announced a semi annually dividend of ₹17.00 per ordinary share which will be made payable on 2024-05-18. Ex dividend date: 2024-04-26
• ICICI Securities annual dividend for 2024 was ₹17.00
• ICICI Securities annual dividend for 2023 was ₹21.25
• ICICI Securities's trailing twelve-month (TTM) dividend yield is 1.99%
• ICICI Securities's dividend growth over the last five years (2018-2023) was 22.83% year
ICICI Securities Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-26 | ₹17.00 | semi annually | 2024-05-18 |
| 2023-10-27 | ₹12.00 | semi annually | 2023-11-15 |
| 2023-08-22 | ₹9.25 | semi annually | 2023-09-28 |
| 2022-10-31 | ₹9.75 | semi annually | 2022-11-19 |
| 2022-08-18 | ₹12.75 | semi annually | 2022-09-25 |
| 2021-10-27 | ₹11.25 | semi annually | 2021-11-18 |
| 2021-08-10 | ₹13.50 | semi annually | 2021-09-17 |
| 2020-11-05 | ₹8.00 | semi annually | 2020-11-26 |
| 2020-08-03 | ₹6.75 | semi annually | 2020-09-10 |
| 2019-10-31 | ₹4.25 | semi annually | 2019-11-21 |
| 2019-07-25 | ₹5.70 | semi annually | 2019-09-01 |
| 2018-10-26 | ₹3.70 | semi annually | 2018-11-17 |
| 2018-08-21 | ₹3.90 | semi annually | 2018-09-29 |
ICICI Securities Dividend per year
ICICI Securities Dividend growth
ICICI Securities Dividend Yield
ICICI Securities current trailing twelve-month (TTM) dividend yield is 1.99%. Interested in purchasing ICICI Securities stock? Use our calculator to estimate your expected dividend yield:
ICICI Securities Financial Ratios
P/E ratio13.43
PEG ratio18.47
P/B ratio6.19
ROE52.51%
Payout ratio0.00%
Current ratio16.90
Quick ratio17.08
Cash Ratio0.13
ICICI Securities Dividend FAQ
How much is the next ICICI Securities dividend?
ICICI Securities's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ICICI Securities dividend. The next ICICI Securities dividend will be released in August, or October.
When is ICICI Securities dividend paid?
ICICI Securities pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August, and October. 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 ICICI Securities pay?
The specific amount of ICICI Securities 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 ICICI Securities's dividend history.
Does ICICI Securities stock pay dividends?
Yes, ICICI Securities 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 ICICI Securities's dividend history.
How much dividend does ICICI Securities pay?
ICICI Securities paid ₹17.0 in 2024, ₹21.25 in 2023, ₹22.5 in 2022, ₹24.75 in 2021, and ₹14.75 in 2020.
How often does ICICI Securities pay dividends?
ICICI Securities 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 August, and October.
What is ICICI Securities's dividend yield?
The current dividend yield for ICICI Securities is 1.99%. 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 ICICI Securities's exact dividend yield.
When does ICICI Securities go ex dividend?
ICICI Securities's ex-dividend date for the latest dividend was on 2024-04-26. ICICI Securities 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 ICICI Securities dividend paid?
ICICI Securities pays dividends on a semi annually basis, typically around August, or October, but the exact dates can vary each year.
Will ICICI Securities 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 ICICI Securities 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 ICICI Securities dividend per share?
ICICI Securities paid ₹17.0 per share in 2024 and ₹21.25 per share in 2023. The amount of dividend per share that ICICI Securities 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 ICICI Securities 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 ICICI Securities 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 ICICI Securities a dividend stock?
Yes, ICICI Securities is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ICICI Securities a good dividend stock?
Whether ICICI Securities is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ICICI Securities has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating ICICI Securities 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 ICICI Securities 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 ICICI Securities pay dividends monthly?
ICICI Securities typically pays dividends on a semi annually basis.
Does ICICI Securities pay dividends quarterly?
ICICI Securities currently pays dividends on a semi annually basis.
Has ICICI Securities ever paid a dividend?
Yes, ICICI Securities has a history of paying dividends to its shareholders. ICICI Securities is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ICICI Securities dividend stocks?
To buy ICICI Securities 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 ICICI Securities 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 ICICI Securities 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 ICICI Securities pay dividends 2024?
ICICI Securities pays dividends on a semi annually basis. 2024 dividend payments are in 2024-05-18. 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 ICICI Securities increase its dividend in 2024?
Decisions regarding ICICI Securities 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 ICICI Securities dividend overview you can look into the above table of dividend history.
How ICICI Securities dividend works?
The ICICI Securities 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 ICICI Securities's dividend process works:
1. Determination of Dividend: ICICI Securities'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, ICICI Securities 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, ICICI Securities 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 ICICI Securities 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: ICICI Securities'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, ICICI Securities 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, ICICI Securities 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 ICICI Securities 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 ICICI Securities dividends paid?
ICICI Securities dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: ICICI Securities 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, ICICI Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ICICI Securities 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: ICICI Securities 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, ICICI Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ICICI Securities 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 ICICI Securities pay dividends?
ICICI Securities 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 ICICI Securities pay dividends?
The general pattern is that ICICI Securities pays dividends around August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is ICICI Securities dividend safe?
The safety of ICICI Securities'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 ICICI Securities'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 ICICI Securities'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 ICICI Securities'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 ICICI Securities'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.