Share India Securities Limited, a financial services company, trades in securities. The company offers broking and depository services, including equity, derivative, commodity, currency, mutual funds, initial public offering, and depository services; loan against securities and properties, loan against commodities, vehicle loans, business loans, and personal loans, as well as short, medium, and long term financial loans; and life and general insurances for individual and corporates. It also provides qualified institutional placements; bulk and block trades on exchanges; off-market transactions; arranges private equity; valuation advisory; open offers, buyback, and delisting of securities; and equity mobilization services for infrastructure projects from private equity investors, as well as manages initial public offerings and rights offering. In addition, the company offers merger and advisory, depository participant research and analysis, mutual fund distribution, and portfolio management services. It serves customers through a network of approximately 729 branches across 16 states in India. The company was formerly known as FMS Securities Limited and changed its name to Share India Securities Limited in 2010. Share India Securities Limited was founded in 1993 and is based in Noida, India.
Share India Securities Dividend Announcement
• Share India Securities announced a quarterly dividend of ₹0.50 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-07
• Share India Securities annual dividend for 2024 was ₹4.10
• Share India Securities annual dividend for 2023 was ₹9.50
• Share India Securities's trailing twelve-month (TTM) dividend yield is 1.24%
Share India Securities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | ₹0.50 | quarterly | 2024-11-28 |
2024-08-02 | ₹0.60 | quarterly | 2024-08-23 |
2024-02-02 | ₹3.00 | quarterly | 2024-02-23 |
2023-11-02 | ₹3.00 | quarterly | 2023-11-23 |
2023-08-02 | ₹6.50 | quarterly | 2023-08-23 |
2022-11-10 | ₹2.00 | quarterly | 2022-12-02 |
2022-07-26 | ₹3.97 | quarterly | 2022-10-22 |
2022-02-02 | ₹2.00 | quarterly | 2022-02-19 |
2021-11-09 | ₹1.25 | quarterly | 2021-11-25 |
2021-08-06 | ₹1.25 | quarterly | 2021-10-14 |
2021-02-16 | ₹1.00 | quarterly | 2021-03-07 |
Share India Securities Dividend per year
Share India Securities Dividend growth
Share India Securities Dividend Yield
Share India Securities current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing Share India Securities stock? Use our calculator to estimate your expected dividend yield:
Share India Securities Financial Ratios
Share India Securities Dividend FAQ
Other factors to consider when evaluating Share India Securities 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: Share India Securities'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, Share India Securities 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, Share India Securities 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 Share India Securities 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: Share India Securities 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, Share India Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Share India Securities 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 Share India Securities'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 Share India Securities'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.