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India Tourism Development Corporation Limited, together with its subsidiaries, acquires, constructs, and operates hotels, beach resorts, and lodges/restaurants for tourists in India. The company provides transport, entertainment, shopping, and conventional services; manages catering services; and produces, distributes, and sells tourist publicity literature. It also offers tourism and hospitality related training and education services, event management services, full-fledged money changer services, etc. In addition, the company is involved in the consultancy and execution of tourism and engineering projects; and sound and light show activities. It operates 3 Ashok Group of Hotels, 1 joint venture hotels, 1 restaurant, 5 ATT units, 15 duty free shops at sea ports, and one sound and light shows. India Tourism Development Corporation Limited was incorporated in 1965 and is based in New Delhi, India.

India Tourism Development Dividend Announcement

India Tourism Development announced a annually dividend of ₹2.52 per ordinary share which will be made payable on 2024-10-06. Ex dividend date: 2024-08-30
India Tourism Development annual dividend for 2024 was ₹2.52
India Tourism Development annual dividend for 2023 was ₹2.20
India Tourism Development's trailing twelve-month (TTM) dividend yield is 0.4%

India Tourism Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30₹2.52annually2024-10-06
2023-09-20₹2.20annually2023-10-27
2019-09-05₹2.10annually2019-10-16
2018-09-19₹1.85annually2018-10-28
2017-09-21₹1.33annually2017-10-28

India Tourism Development Dividend per year

India Tourism Development Dividend growth

India Tourism Development Dividend Yield

India Tourism Development current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing India Tourism Development stock? Use our calculator to estimate your expected dividend yield:

India Tourism Development Financial Ratios

P/E ratio83.44
PEG ratio3.70
P/B ratio13.88
ROE18.12%
Payout ratio0.00%
Current ratio1.45
Quick ratio1.43
Cash Ratio0.86

India Tourism Development Dividend FAQ

How much is the next India Tourism Development dividend?
India Tourism Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next India Tourism Development dividend. The next India Tourism Development dividend will be released in September.
When is India Tourism Development dividend paid?
India Tourism Development pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 India Tourism Development pay?
The specific amount of India Tourism Development 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 India Tourism Development's dividend history.
Does India Tourism Development stock pay dividends?
Yes, India Tourism Development 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 India Tourism Development's dividend history.
How much dividend does India Tourism Development pay?
India Tourism Development paid ₹2.52 in 2024, ₹2.2 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does India Tourism Development pay dividends?
India Tourism Development 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 September.
What is India Tourism Development's dividend yield?
The current dividend yield for India Tourism Development is 0.4%. 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 India Tourism Development's exact dividend yield.
When does India Tourism Development go ex dividend?
India Tourism Development's ex-dividend date for the latest dividend was on 2024-08-30. India Tourism Development 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 India Tourism Development dividend paid?
India Tourism Development pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will India Tourism Development 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 India Tourism Development 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 India Tourism Development dividend per share?
India Tourism Development paid ₹2.52 per share in 2024 and ₹2.2 per share in 2023. The amount of dividend per share that India Tourism Development 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 India Tourism Development 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 India Tourism Development 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 India Tourism Development a dividend stock?
Yes, India Tourism Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is India Tourism Development a good dividend stock?
Whether India Tourism Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. India Tourism Development has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating India Tourism 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.
Does India Tourism Development pay dividends monthly?
India Tourism Development typically pays dividends on a annually basis.
Does India Tourism Development pay dividends quarterly?
India Tourism Development currently pays dividends on a annually basis.
Has India Tourism Development ever paid a dividend?
Yes, India Tourism Development has a history of paying dividends to its shareholders. India Tourism Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy India Tourism Development dividend stocks?
To buy India Tourism Development 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 India Tourism Development 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 India Tourism Development pay dividends 2024?
India Tourism Development pays dividends on a annually basis. 2024 dividend payments are in 2024-10-06. 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 India Tourism Development increase its dividend in 2024?
Decisions regarding India Tourism Development 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 India Tourism Development dividend overview you can look into the above table of dividend history.
How India Tourism Development dividend works?
The India Tourism Development 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 India Tourism Development's dividend process works:

1. Determination of Dividend: India Tourism 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, India Tourism 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, India Tourism 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 India Tourism 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.
How are India Tourism Development dividends paid?
India Tourism Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: India Tourism 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, India Tourism 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: India Tourism 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.
How many times does India Tourism Development pay dividends?
India Tourism Development 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 India Tourism Development pay dividends?
The general pattern is that India Tourism Development pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is India Tourism Development dividend safe?
The safety of India Tourism Development'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 India Tourism 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 India Tourism 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.