The Indian Hotels Company Limited, together with its subsidiaries, owns, operates, and manages hotels, palaces, and resorts in India and internationally. The company primarily operates hotels under the Taj, SeleQtions, Vivanta, and Ginger brand names. It also offers air catering, trails, stays, bars, clubs, restaurants, salons, spas, food and beverages, and boutiques services. As of March 31, 2022, the company operated approximately 235 hotels with 28,107 rooms and approximately 430 restaurants in approximately 100 locations in approximately 12 countries. The Indian Hotels Company Limited was founded in 1868 and is based in Mumbai, India.
Indian Hotels Dividend Announcement
• Indian Hotels announced a annually dividend of ₹1.75 per ordinary share which will be made payable on 2024-07-14. Ex dividend date: 2024-06-07
• Indian Hotels annual dividend for 2024 was ₹1.75
• Indian Hotels annual dividend for 2023 was ₹1.00
• Indian Hotels's trailing twelve-month (TTM) dividend yield is 0.24%
• Indian Hotels's dividend growth over the last five years (2018-2023) was 20.11% year
Indian Hotels Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ₹1.75 | annually | 2024-07-14 |
2023-06-09 | ₹1.00 | annually | 2023-07-16 |
2022-06-22 | ₹0.40 | annually | 2022-07-30 |
2021-06-14 | ₹0.40 | annually | 2021-07-22 |
2020-07-17 | ₹0.50 | annually | 2020-08-26 |
2019-06-12 | ₹0.50 | annually | 2019-07-20 |
2018-07-11 | ₹0.40 | annually | 2018-08-18 |
2017-08-11 | ₹0.35 | annually | 2017-09-20 |
2016-08-12 | ₹0.30 | annually | 2016-08-26 |
2013-07-17 | ₹0.80 | annually | 2013-09-01 |
2012-07-18 | ₹1.00 | annually | 2012-09-02 |
2011-07-20 | ₹1.00 | annually | 2011-09-04 |
Indian Hotels Dividend per year
Indian Hotels Dividend growth
Indian Hotels Dividend Yield
Indian Hotels current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Indian Hotels stock? Use our calculator to estimate your expected dividend yield:
Indian Hotels Financial Ratios
Indian Hotels Dividend FAQ
Other factors to consider when evaluating Indian Hotels 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: Indian Hotels'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, Indian Hotels 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, Indian Hotels 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 Indian Hotels 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: Indian Hotels 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, Indian Hotels distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indian Hotels 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 Indian Hotels'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 Indian Hotels'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.