Indus Towers Limited establishes, operates, and maintains wireless communication towers. The company offers infrastructure services to telecom operators and other wireless services providers. As of March 31, 2022, it owned and operated approximately 185,447 towers and 335,791 co-locations in 22 telecommunication circles in India. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is headquartered in Gurugram, India.
Indus Towers Dividend Announcement
• Indus Towers announced a annually dividend of ₹11.00 per ordinary share which will be made payable on 2022-06-04. Ex dividend date: 2022-05-13 • Indus Towers's trailing twelve-month (TTM) dividend yield is -%
Indus Towers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Indus Towers stock? Use our calculator to estimate your expected dividend yield:
Indus Towers Financial Ratios
P/E ratio11.98
PEG ratio-11.48
P/B ratio3.18
ROE27.53%
Payout ratio0.00%
Current ratio1.03
Quick ratio1.56
Cash Ratio0.00
Indus Towers Dividend FAQ
How much is the next Indus Towers dividend?
Indus Towers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Indus Towers dividend. The next Indus Towers dividend will be released in February.
When is Indus Towers dividend paid?
Indus Towers pays dividends on a annually basis. The specific dates may vary each year but are generally around February. 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 Indus Towers pay?
The specific amount of Indus Towers 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 Indus Towers's dividend history.
Does Indus Towers stock pay dividends?
Yes, Indus Towers 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 Indus Towers's dividend history.
How much dividend does Indus Towers pay?
Indus Towers paid ₹0.0 in 2024, ₹0.0 in 2023, ₹11.0 in 2022, ₹17.82 in 2021, and ₹6.4 in 2020.
How often does Indus Towers pay dividends?
Indus Towers 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 February.
What is Indus Towers's dividend yield?
The current dividend yield for Indus Towers is -%. 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 Indus Towers's exact dividend yield.
When does Indus Towers go ex dividend?
Indus Towers's ex-dividend date for the latest dividend was on 2022-05-13. Indus Towers 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 Indus Towers dividend paid?
Indus Towers pays dividends on a annually basis, typically around February, but the exact dates can vary each year.
Will Indus Towers 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 Indus Towers 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 Indus Towers dividend per share?
Indus Towers paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Indus Towers 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 Indus Towers 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 Indus Towers 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 Indus Towers a dividend stock?
Yes, Indus Towers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Indus Towers a good dividend stock?
Whether Indus Towers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Indus Towers has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Indus Towers 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 Indus Towers pay dividends monthly?
Indus Towers typically pays dividends on a annually basis.
Does Indus Towers pay dividends quarterly?
Indus Towers currently pays dividends on a annually basis.
Has Indus Towers ever paid a dividend?
Yes, Indus Towers has a history of paying dividends to its shareholders. Indus Towers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Indus Towers dividend stocks?
To buy Indus Towers 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 Indus Towers 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 Indus Towers pay dividends 2024?
Indus Towers pays dividends on a annually basis. 2024 dividend payments are in 2022-06-04. 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 Indus Towers increase its dividend in 2024?
Decisions regarding Indus Towers 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 Indus Towers dividend overview you can look into the above table of dividend history.
How Indus Towers dividend works?
The Indus Towers 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 Indus Towers's dividend process works:
1. Determination of Dividend: Indus Towers'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, Indus Towers 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, Indus Towers 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 Indus Towers 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 Indus Towers dividends paid?
Indus Towers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Indus Towers 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, Indus Towers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indus Towers 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 Indus Towers pay dividends?
Indus Towers 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 Indus Towers pay dividends?
The general pattern is that Indus Towers pays dividends around February. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Indus Towers dividend safe?
The safety of Indus Towers'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 Indus Towers'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 Indus Towers'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.