Tata Communications Limited provides telecommunications services worldwide. The company operates through Voice Solutions, Data and Managed Services, Payment Solutions, Transformation Services, and Real Estate segments. It provides voice and data transmission services; internet connectivity services; and other value-added services, such as unified conferencing and collaboration, managed hosting, mobile global roaming and signaling, transponder lease, and television up-linking, and other managed services, as well as sells and leases bandwidth on undersea cable systems. The company also offers end-to-end automated teller machines deployment, POS enablement, financial inclusion, card issuance and related managed services, and switching services to banking sector; cyber security; data center colocation services; and network management and support services. In addition, it provides networking services, including WAN ethernet, global VPN, and private lines; Internet of Things, smartphone proliferation, and tighter supply chain integration/automation; and network security, cloud security operations centers, cloud security, and custom solutions. Further, the company offers cloud, hosting, security, and SD-WAN; intelligent routing and on-demand connectivity solutions; media and entertainment services, including gaming, sports, news, cable, broadcasting, asset management, workflow management, channel origination, video contribution and distribution feeds, OTT platform as a service, live OTT delivery, and transcoding as services; and leases premises. It serves service providers and enterprises. The company was formerly known as Videsh Sanchar Nigam Limited and changed its name to Tata Communications Limited in 2008. Tata Communications Limited was incorporated in 1986 and is based in Mumbai, India.
Tata Communications Dividend Announcement
• Tata Communications announced a annually dividend of ₹16.70 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-01
• Tata Communications annual dividend for 2024 was ₹16.70
• Tata Communications annual dividend for 2023 was ₹21.00
• Tata Communications's trailing twelve-month (TTM) dividend yield is 0.91%
• Tata Communications's dividend growth over the last five years (2018-2023) was 36.08% year
• Tata Communications's dividend growth over the last ten years (2013-2023) was 21.48% year
Tata Communications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | ₹16.70 | annually | 2024-08-16 |
2023-06-26 | ₹21.00 | annually | 2023-08-17 |
2022-06-10 | ₹20.70 | annually | 2022-07-29 |
2021-06-17 | ₹14.00 | annually | 2021-07-30 |
2020-08-20 | ₹4.00 | annually | 2020-09-27 |
2019-07-25 | ₹4.50 | annually | 2019-08-09 |
2018-08-01 | ₹4.50 | annually | 2018-08-14 |
2017-06-16 | ₹1.50 | annually | 2017-07-04 |
2016-07-21 | ₹4.30 | annually | 2016-08-30 |
2015-09-23 | ₹5.50 | annually | 2015-10-29 |
2014-07-30 | ₹4.50 | annually | 2014-09-03 |
2013-07-17 | ₹3.00 | annually | 2013-08-25 |
Tata Communications Dividend per year
Tata Communications Dividend growth
Tata Communications Dividend Yield
Tata Communications current trailing twelve-month (TTM) dividend yield is 0.91%. Interested in purchasing Tata Communications stock? Use our calculator to estimate your expected dividend yield:
Tata Communications Financial Ratios
Tata Communications Dividend FAQ
Other factors to consider when evaluating Tata Communications 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: Tata Communications'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, Tata Communications 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, Tata Communications 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 Tata Communications 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: Tata Communications 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, Tata Communications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tata Communications 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 Tata Communications'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 Tata Communications'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.