SMC Global Securities Limited, together with its subsidiaries, provides various financial services in India and internationally. The company operates through three segments: Broking, Distribution, and Trading; Insurance Broking Services; and Financing Services. The Broking, Distribution, and Trading segment engages in the brokerage on dealing in shares, commodities, currencies, derivatives, and other securities; provision of clearing and depositary services; portfolio and wealth management; and mortgage and loan advisory, real estate broking, and investment banking services, as well as distribution of third party financial products. The Insurance Broking Services segment provides life and non-life insurance products. The Financing Services segment offers loans. The company also offers online trading and real estate advisory services. SMC Global Securities Limited was founded in 1990 and is based in New Delhi, India.
SMC Global Securities Dividend Announcement
• SMC Global Securities announced a semi annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-06-07
• SMC Global Securities annual dividend for 2024 was ₹2.40
• SMC Global Securities annual dividend for 2023 was ₹1.20
• SMC Global Securities's trailing twelve-month (TTM) dividend yield is 1.54%
SMC Global Securities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ₹1.20 | semi annually | 2024-07-22 |
2024-02-13 | ₹1.20 | semi annually | |
2023-06-16 | ₹1.20 | semi annually | 2023-07-30 |
2022-11-14 | ₹1.20 | semi annually | 2022-12-06 |
2022-06-09 | ₹1.20 | semi annually | 2022-07-25 |
2021-11-15 | ₹1.20 | semi annually | 2021-12-08 |
2021-07-15 | ₹0.80 | semi annually | 2021-09-06 |
SMC Global Securities Dividend per year
SMC Global Securities Dividend growth
SMC Global Securities Dividend Yield
SMC Global Securities current trailing twelve-month (TTM) dividend yield is 1.54%. Interested in purchasing SMC Global Securities stock? Use our calculator to estimate your expected dividend yield:
SMC Global Securities Financial Ratios
SMC Global Securities Dividend FAQ
Other factors to consider when evaluating SMC Global 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: SMC Global 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, SMC Global 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, SMC Global 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 SMC Global 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: SMC Global 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, SMC Global 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: SMC Global 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 SMC Global 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 SMC Global 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.