RailTel Corporation of India Limited provides broadband telecom and multimedia networks and services in India and internationally. The company operates through Telecom Services and Project Work Services segments. It offers E-office, HD video conferencing, data center, RailWire broadband, cyber security, leased line, virtual private network, internet leased line, consultancy, signaling, rack and space collocation, tower collocation, NLD voice carriage, and aadhaar based services. The company also provides project services, including station Wi-Fi, content on demand, railway display network, national optical fiber network, and national knowledge network services, as well as hospital management information and video surveillance systems. It serves telecom operators, Internet service providers, MSOs, enterprises, banks, government institutions/departments, public sector undertaking, educational institutions/universities, etc. The company was incorporated in 2000 and is based in New Delhi, India.
RailTel of India Dividend Announcement
• RailTel of India announced a quarterly dividend of ₹1.00 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-06
• RailTel of India annual dividend for 2024 was ₹2.85
• RailTel of India annual dividend for 2023 was ₹3.55
• RailTel of India's trailing twelve-month (TTM) dividend yield is 0.45%
RailTel of India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | ₹1.00 | quarterly | 2024-11-27 |
2024-08-14 | ₹1.85 | quarterly | 2024-09-20 |
2023-11-03 | ₹1.00 | quarterly | 2023-11-25 |
2023-08-24 | ₹1.05 | quarterly | 2023-09-30 |
2023-02-08 | ₹1.50 | quarterly | 2023-03-02 |
2022-09-22 | ₹0.65 | quarterly | 2022-10-30 |
2022-01-20 | ₹1.75 | quarterly | 2022-02-09 |
2021-09-21 | ₹1.20 | quarterly | 2021-10-29 |
2021-03-31 | ₹1.00 | quarterly | 2021-04-21 |
RailTel of India Dividend per year
RailTel of India Dividend growth
RailTel of India Dividend Yield
RailTel of India current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing RailTel of India stock? Use our calculator to estimate your expected dividend yield:
RailTel of India Financial Ratios
RailTel of India Dividend FAQ
Other factors to consider when evaluating RailTel of India 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: RailTel of India'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, RailTel of India 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, RailTel of India 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 RailTel of India 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: RailTel of India 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, RailTel of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: RailTel of India 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 RailTel of India'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 RailTel of India'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.