The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.
India Fund Dividend Announcement
• India Fund announced a quarterly dividend of $0.49 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-08-23
• India Fund annual dividend for 2024 was $1.37
• India Fund annual dividend for 2023 was $1.64
• India Fund's trailing twelve-month (TTM) dividend yield is 10.15%
• India Fund's dividend growth over the last five years (2018-2023) was -18.29% year
• India Fund's dividend growth over the last ten years (2013-2023) was 6.58% year
India Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | $0.49 | quarterly | 2024-09-30 |
2024-05-30 | $0.45 | quarterly | 2024-07-05 |
2024-02-21 | $0.43 | quarterly | 2024-03-28 |
2023-11-21 | $0.41 | quarterly | 2024-01-10 |
2023-08-23 | $0.41 | quarterly | 2023-09-29 |
2023-05-18 | $0.39 | quarterly | 2023-06-30 |
2023-02-17 | $0.43 | quarterly | 2023-03-31 |
2022-11-21 | $1.61 | quarterly | 2023-01-11 |
2022-08-23 | $0.46 | quarterly | 2022-09-30 |
2022-05-19 | $0.53 | quarterly | 2022-06-30 |
2022-03-23 | $0.58 | quarterly | 2022-03-31 |
2021-12-29 | $0.64 | quarterly | 2022-01-11 |
2021-12-17 | $0.80 | quarterly | 2022-01-31 |
2021-09-17 | $0.61 | quarterly | 2021-09-30 |
2021-06-22 | $0.58 | quarterly | 2021-06-30 |
2021-03-23 | $0.58 | quarterly | 2021-03-31 |
2020-12-18 | $0.50 | quarterly | 2020-12-30 |
2020-09-18 | $0.46 | quarterly | 2020-09-30 |
2020-06-18 | $0.42 | quarterly | 2020-06-30 |
2020-03-19 | $0.57 | quarterly | 2020-03-31 |
2019-12-30 | $0.57 | quarterly | 2020-01-10 |
2019-09-20 | $0.58 | quarterly | 2019-09-30 |
2019-06-20 | $0.59 | quarterly | 2019-06-28 |
2019-03-20 | $0.59 | quarterly | 2019-03-29 |
2018-12-28 | $2.32 | quarterly | 2019-01-10 |
2018-09-21 | $0.71 | quarterly | 2018-10-02 |
2018-06-20 | $0.71 | quarterly | 2018-06-29 |
2018-04-19 | $0.76 | quarterly | 2018-04-27 |
2017-12-28 | $2.83 | quarterly | 2018-01-08 |
2017-09-21 | $0.33 | quarterly | 2017-09-29 |
2016-12-28 | $1.49 | quarterly | 2017-01-11 |
2016-09-19 | $0.22 | quarterly | 2016-09-28 |
2015-12-29 | $1.43 | quarterly | 2016-01-12 |
2015-09-17 | $0.40 | quarterly | 2015-09-28 |
2014-12-29 | $1.74 | quarterly | 2015-01-12 |
2014-09-18 | $0.13 | quarterly | 2014-09-30 |
2013-12-27 | $0.81 | quarterly | 2014-01-17 |
2013-10-01 | $0.06 | quarterly | 2013-10-18 |
India Fund Dividend per year
India Fund Dividend growth
India Fund Dividend Yield
India Fund current trailing twelve-month (TTM) dividend yield is 10.15%. Interested in purchasing India Fund stock? Use our calculator to estimate your expected dividend yield:
India Fund Financial Ratios
India Fund Dividend FAQ
Other factors to consider when evaluating India Fund 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: India Fund'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, India Fund 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, India Fund 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 India Fund 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: India Fund 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, India Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: India Fund 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 India Fund'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 India Fund'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.