Repco Home Finance Limited operates as a housing finance company in India. It provides housing loans for the construction or purchase of homes; loans for the repairs, renovation, and/or extension of homes; loans for the purchase of plot for construction of a house; loans to non-resident Indians for the construction/purchase of house in India; loans against the mortgage of immovable property; and loans for the purchase and/or construction of non-residential and commercial properties. The company also offers loans for the construction/purchase of integrated buildings comprising residential and commercial structures; home loans to salaried individuals; and loans for construction on land owned by borrower's parents. As of March 31, 2022, it operated through a network of 155 branches and 24 satellite centers located in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Kerala, Maharashtra, Odisha, West Bengal, Gujarat, Madhya Pradesh, Jharkhand, Rajasthan, and the Union Territory of Puducherry. The company was incorporated in 2000 and is headquartered in Chennai, India.
Repco Home Finance Dividend Announcement
• Repco Home Finance announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-26
• Repco Home Finance annual dividend for 2024 was ₹3.00
• Repco Home Finance annual dividend for 2023 was ₹2.70
• Repco Home Finance's trailing twelve-month (TTM) dividend yield is 0.63%
• Repco Home Finance's dividend growth over the last five years (2018-2023) was 4.18% year
• Repco Home Finance's dividend growth over the last ten years (2013-2023) was 9.39% year
Repco Home Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹3.00 | annually | 2024-09-01 |
2023-09-07 | ₹2.70 | annually | 2023-10-14 |
2022-08-11 | ₹2.50 | annually | 2022-09-21 |
2021-09-15 | ₹2.50 | annually | 2021-10-23 |
2020-09-22 | ₹2.50 | annually | 2020-10-30 |
2019-09-19 | ₹2.50 | annually | 2019-10-27 |
2018-09-17 | ₹2.20 | annually | 2018-10-25 |
2017-09-13 | ₹2.00 | annually | 2017-10-19 |
2016-09-14 | ₹1.80 | annually | 2016-10-22 |
2015-09-03 | ₹1.50 | annually | 2015-10-11 |
2014-09-02 | ₹1.20 | annually | 2014-10-11 |
2013-09-04 | ₹1.10 | annually | 2013-10-13 |
Repco Home Finance Dividend per year
Repco Home Finance Dividend growth
Repco Home Finance Dividend Yield
Repco Home Finance current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Repco Home Finance stock? Use our calculator to estimate your expected dividend yield:
Repco Home Finance Financial Ratios
Repco Home Finance Dividend FAQ
Other factors to consider when evaluating Repco Home Finance 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: Repco Home Finance'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, Repco Home Finance 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, Repco Home Finance 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 Repco Home Finance 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: Repco Home Finance 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, Repco Home Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Repco Home Finance 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 Repco Home Finance'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 Repco Home Finance'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.