IIFL Securities (IIFLSEC.NS) Dividend: History, Dates & Yield - 2024
Dividend History
IIFL Securities announced a annually dividend of ₹3.00 per ordinary share, payable on 2024-03-30, with an ex-dividend date of 2024-03-15. IIFL Securities typically pays dividends one times a year, compared to ₹3.00 in 2024.
Find details on IIFL Securities's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-15 | ₹3.00 | annually | 2024-03-30 |
2023-02-03 | ₹3.00 | annually | 2023-02-21 |
2022-02-03 | ₹3.00 | annually | 2022-02-22 |
2021-03-18 | ₹1.00 | annually | 2021-04-09 |
2020-02-13 | ₹2.00 | annually | 2020-03-08 |
Dividend Increase
. In comparison, IIFL Finance has seen an average growth rate of 1.85% over the past five years and MOTILALOFS.NS's growth rate was 27.41%.
By comparing IIFL Securities's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
IIFL Securities's current trailing twelve-month (TTM) dividend yield is 0.90%. Over the last 12 months, IIFL Securities has maintained this yield, but how does it compare to similar stocks? For example, IIFL Finance offers a yield of 0.97%, while MOTILALOFS.NS provides a yield of 0.44%. Comparing similar stocks can help investors assess IIFL Securities's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
IIFL Securities (IIFLSEC.NS) | 0.90% | ₹3 | ₹331.75 |
IIFL Finance (IIFL.NS) | 0.97% | ₹3.9978 | ₹399.05 |
MOTILALOFS.NS (MOTILALOFS.NS) | 0.44% | $14 | $799.35 |
Dividend Yield Calculator
Interested in purchasing IIFL Securities stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
IIFL Securities has a payout ratio of 0.00%. In comparison, IIFL Finance has a payout ratio of 0.00%, while ISEC.NS's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About IIFL Securities
- Global presence Operating in over 60 countries worldwide
- Key Segments Diversified across healthcare, consumer, industrial, and safety
- Products/services Manufactures a wide range of consumer and industrial products
- Financial stability Consistent revenue growth and strong dividend track record
Frequently Asked Question
Other factors to consider when evaluating IIFL 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.
Place an order: Use the brokerage's trading platform to place an order to buy IIFL 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.
1. Determination of Dividend: IIFL 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, IIFL 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, IIFL 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 IIFL 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. Record Date: IIFL 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, IIFL 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: IIFL 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.
To assess the safety of IIFL 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 IIFL 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.