Indian Railway Catering & Tourism Corporation Limited provides catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India. It operates through five segments: Catering, Railneer, Tourism & Train Operation, State Teertha, and Internet Ticketing. The company offers mobile catering services, including Rajdhani, Shatabdi and Duronto; mail express, train side vending, Gatiman, and Tejas and Vande Bharat; e-catering; and other catering services, such as food plaza, fast food units, refreshment rooms, Jan Ahaars, cell kitchen, base kitchen, executive lounges, retiring rooms, RYN/BNR hotels, and non-railway catering. In addition, the company offers tourism products and services comprising domestic tour packages, inbound tourist targeted tours, mass tourism, outbound tour packages, and air ticket and corporate travel; and other tourism activities, such as event management, booking of charter trains and coaches, hill and heritage charters, saloon tours and charters, online reservation and accommodation facilities, and adventure tourism. Further, it offers packaged drinking water under the Rail Neer name; and train ticket booking and travel insurance services, as well as operates irctctourism.com, a tourism portal. The company was incorporated in 1999 and is based in New Delhi, India.
Indian Railway Catering & Tourism Dividend Announcement
• Indian Railway Catering & Tourism announced a quarterly dividend of ₹4.00 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-14
• Indian Railway Catering & Tourism annual dividend for 2024 was ₹8.00
• Indian Railway Catering & Tourism annual dividend for 2023 was ₹8.00
• Indian Railway Catering & Tourism's trailing twelve-month (TTM) dividend yield is 0.8%
Indian Railway Catering & Tourism Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | ₹4.00 | quarterly | 2024-12-04 |
2024-08-23 | ₹4.00 | quarterly | 2024-09-29 |
2023-11-17 | ₹2.50 | quarterly | 2023-12-07 |
2023-08-18 | ₹2.00 | quarterly | 2023-09-24 |
2023-02-22 | ₹3.50 | quarterly | 2023-03-11 |
2022-08-18 | ₹1.50 | quarterly | 2022-09-25 |
2022-02-17 | ₹2.00 | quarterly | 2022-03-10 |
2021-09-21 | ₹5.00 | quarterly | 2021-10-29 |
2020-10-19 | ₹2.50 | quarterly | 2020-11-26 |
2020-02-24 | ₹10.00 | quarterly | 2020-03-13 |
Indian Railway Catering & Tourism Dividend per year
Indian Railway Catering & Tourism Dividend growth
Indian Railway Catering & Tourism Dividend Yield
Indian Railway Catering & Tourism current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Indian Railway Catering & Tourism stock? Use our calculator to estimate your expected dividend yield:
Indian Railway Catering & Tourism Financial Ratios
Indian Railway Catering & Tourism Dividend FAQ
Other factors to consider when evaluating Indian Railway Catering & Tourism 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 Railway Catering & Tourism'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 Railway Catering & Tourism 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 Railway Catering & Tourism 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 Railway Catering & Tourism 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 Railway Catering & Tourism 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 Railway Catering & Tourism 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 Railway Catering & Tourism 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 Railway Catering & Tourism'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 Railway Catering & Tourism'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.