Infibeam Avenues Limited, a digital payment and e-commerce technology company, provides digital payment solutions, data center infrastructure, and software platforms for businesses and governments to execute e-commerce transactions. The company offers CCAvenue, an online payment gateway to ecommerce merchants to collect payments online. It also provides BillAvenue, an online bill payment platform for recurring bill payments services to customers; ResAven, a website booking engine and channel manager for hoteliers to sell and distribute hotel room inventory; Fable Fintech, a remittance technology platform for cross border payments to banks, businesses, and exchange houses; and ecommerce marketplace platform. The company operates in India, the United Arab Emirates, and internationally. The company was formerly known as Infibeam Incorporation Limited and changed its name to Infibeam Avenues Limited in July 2018. Infibeam Avenues Limited was incorporated in 2010 and is based in Gandhinagar, India.
Infibeam Avenues Dividend Announcement
• Infibeam Avenues announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-07
• Infibeam Avenues annual dividend for 2024 was ₹0.05
• Infibeam Avenues annual dividend for 2023 was ₹0.05
• Infibeam Avenues's trailing twelve-month (TTM) dividend yield is 0.19%
Infibeam Avenues Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-07 | ₹0.05 | annually | 2024-09-12 |
2023-09-18 | ₹0.05 | annually | 2023-10-25 |
2022-02-07 | ₹0.05 | annually | 2022-03-01 |
2021-09-15 | ₹0.05 | annually | 2021-10-23 |
2019-11-07 | ₹0.10 | annually | 2019-11-18 |
2018-09-19 | ₹0.10 | annually | 2018-10-29 |
2018-02-26 | ₹0.10 | annually | 2018-03-16 |
Infibeam Avenues Dividend per year
Infibeam Avenues Dividend growth
Infibeam Avenues Dividend Yield
Infibeam Avenues current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Infibeam Avenues stock? Use our calculator to estimate your expected dividend yield:
Infibeam Avenues Financial Ratios
Infibeam Avenues Dividend FAQ
Other factors to consider when evaluating Infibeam Avenues 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: Infibeam Avenues'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, Infibeam Avenues 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, Infibeam Avenues 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 Infibeam Avenues 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: Infibeam Avenues 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, Infibeam Avenues distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Infibeam Avenues 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 Infibeam Avenues'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 Infibeam Avenues'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.