ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. The company operates through Rating, Research and Other Services; Consulting Services; Knowledge Services; and Market Services segments. It offers credit, bank loan, structured finance, issuer, mutual fund, industry research, fund management quality, equity grading rating, and insurance financial strength rating, line of credit rating services, as well as public issue proceeds monitoring services. The company also provides grading services to banking and finance, insurance, and hydro-electricity sectors, as well as construction, trading, aviation, and manufacturing companies; industry research services in the areas of business and profitability outlook, industry analysis, competitive landscape, impact of regulatory environment, benchmarking of companies, industry credit profile, company profile on listed players, etc.; and management consulting services, such as risk management, financial advisory, and outsourcing and policy advisory. In addition, it offers financial information products and services, as well as KPO services. The company was formerly known as Investment Information and Credit Rating Agency of India Limited. ICRA Limited was incorporated in 1991 and is headquartered in Gurugram, India.
ICRA Dividend Announcement
• ICRA announced a annually dividend of ₹40.00 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-07-19
• ICRA annual dividend for 2024 was ₹40.00
• ICRA annual dividend for 2023 was ₹90.00
• ICRA's trailing twelve-month (TTM) dividend yield is 0.6%
• ICRA's dividend growth over the last five years (2018-2023) was 24.57% year
• ICRA's dividend growth over the last ten years (2013-2023) was 7.42% year
ICRA Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-19 | ₹40.00 | annually | 2024-08-19 |
| 2023-07-28 | ₹90.00 | annually | 2023-08-25 |
| 2022-07-28 | ₹28.00 | annually | 2022-08-19 |
| 2021-07-22 | ₹27.00 | annually | 2021-08-12 |
| 2020-09-16 | ₹27.00 | annually | 2020-10-08 |
| 2019-09-24 | ₹30.00 | annually | 2019-10-08 |
| 2018-08-03 | ₹30.00 | annually | 2018-08-17 |
| 2017-07-28 | ₹27.00 | annually | 2017-08-11 |
| 2016-08-05 | ₹25.00 | annually | 2016-09-10 |
| 2015-08-06 | ₹24.00 | annually | 2015-08-20 |
| 2014-08-06 | ₹23.00 | annually | 2014-08-20 |
| 2013-08-12 | ₹22.00 | annually | |
| 2013-07-26 | ₹22.00 | annually | 2013-08-12 |
ICRA Dividend per year
ICRA Dividend growth
ICRA Dividend Yield
ICRA current trailing twelve-month (TTM) dividend yield is 0.6%. Interested in purchasing ICRA stock? Use our calculator to estimate your expected dividend yield:
ICRA Financial Ratios
P/E ratio42.59
PEG ratio27.46
P/B ratio6.75
ROE15.86%
Payout ratio0.00%
Current ratio4.00
Quick ratio4.00
Cash Ratio0.04
ICRA Dividend FAQ
How much is the next ICRA dividend?
ICRA's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ICRA dividend. The next ICRA dividend will be released in July.
When is ICRA dividend paid?
ICRA pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 ICRA pay?
The specific amount of ICRA 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 ICRA's dividend history.
Does ICRA stock pay dividends?
Yes, ICRA 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 ICRA's dividend history.
How much dividend does ICRA pay?
ICRA paid ₹40.0 in 2024, ₹90.0 in 2023, ₹28.0 in 2022, ₹27.0 in 2021, and ₹27.0 in 2020.
How often does ICRA pay dividends?
ICRA typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is ICRA's dividend yield?
The current dividend yield for ICRA is 0.6%. 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 ICRA's exact dividend yield.
When does ICRA go ex dividend?
ICRA's ex-dividend date for the latest dividend was on 2024-07-19. ICRA 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 ICRA dividend paid?
ICRA pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will ICRA 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 ICRA 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 ICRA dividend per share?
ICRA paid ₹40.0 per share in 2024 and ₹90.0 per share in 2023. The amount of dividend per share that ICRA 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 ICRA 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 ICRA 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 ICRA a dividend stock?
Yes, ICRA is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ICRA a good dividend stock?
Whether ICRA is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ICRA has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating ICRA 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 ICRA 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 ICRA pay dividends monthly?
ICRA typically pays dividends on a annually basis.
Does ICRA pay dividends quarterly?
ICRA currently pays dividends on a annually basis.
Has ICRA ever paid a dividend?
Yes, ICRA has a history of paying dividends to its shareholders. ICRA is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ICRA dividend stocks?
To buy ICRA 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 ICRA 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 ICRA 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 ICRA pay dividends 2024?
ICRA pays dividends on a annually basis. 2024 dividend payments are in 2024-08-19. 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 ICRA increase its dividend in 2024?
Decisions regarding ICRA 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 ICRA dividend overview you can look into the above table of dividend history.
How ICRA dividend works?
The ICRA 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 ICRA's dividend process works:
1. Determination of Dividend: ICRA'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, ICRA 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, ICRA 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 ICRA 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: ICRA'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, ICRA 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, ICRA 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 ICRA 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 ICRA dividends paid?
ICRA dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: ICRA 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, ICRA distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ICRA 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: ICRA 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, ICRA distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ICRA 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 ICRA pay dividends?
ICRA typically pays dividends on a 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 ICRA pay dividends?
The general pattern is that ICRA pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is ICRA dividend safe?
The safety of ICRA'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 ICRA'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 ICRA'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 ICRA'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 ICRA'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.