Tata Consumer Products Limited, together with its subsidiaries, produces and sells tea, coffee, and mineral water in India, Canada, the United States, the United Kingdom, Europe, the Middle East, South Africa, Australia, and internationally. The company operates through Branded Business and Non Branded Business segments. It engages in the processing and blending of tea, including the manufacture of instant tea. The company's products include food ingredients and sweeteners, salt, pulses, spices, ready-to-drink and ready-to-eat products, poha, flour, snacks, besan, cereals, ready-to-cook products, glucose-based ready-to-serve drinks, dry fruits, natural mineral water, packaged drinking water, functional beverages, and other packaged foods. It operates cafes under the Tata Cha brand. Tata Consumer Products Limited offers its products primarily under the Tata Tea, Tata Coffee Grand, Tata Water Plus, Tata Gluco Plus, Tata Fruski, Tetley, Tata Tea 1868, Teapigs, Vitax, Laager, Good Earth, Eight O'Clock Coffee, Himalayan, Tata Coffee Grand, and Joekels brands, as well as Tata Salt, Tata Soulfull, Tata Sampann, Sonnets by Tata Coffee, Tata Starbucks, Good Earth Kombucha, and Tata Q brands. The company was formerly known as Tata Global Beverages Limited and changed its name to Tata Consumer Products Limited in February 2020. Tata Consumer Products Limited was incorporated in 1962 and is headquartered in Mumbai, India.
Tata Consumer Products Dividend Announcement
• Tata Consumer Products announced a annually dividend of ₹7.75 per ordinary share which will be made payable on 2024-07-13. Ex dividend date: 2024-05-24
• Tata Consumer Products annual dividend for 2024 was ₹7.75
• Tata Consumer Products annual dividend for 2023 was ₹8.45
• Tata Consumer Products's trailing twelve-month (TTM) dividend yield is 0.82%
• Tata Consumer Products's dividend growth over the last five years (2018-2023) was 27.57% year
• Tata Consumer Products's dividend growth over the last ten years (2013-2023) was 14.66% year
Tata Consumer Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ₹7.75 | annually | 2024-07-13 |
2023-05-19 | ₹8.45 | annually | 2023-07-06 |
2022-06-09 | ₹6.05 | annually | 2022-07-27 |
2021-06-10 | ₹4.05 | annually | 2021-07-25 |
2020-06-18 | ₹2.70 | annually | 2020-08-05 |
2019-05-24 | ₹2.50 | annually | 2019-07-11 |
2018-06-20 | ₹2.50 | annually | 2018-08-04 |
2017-08-04 | ₹2.35 | annually | 2017-09-17 |
2017-07-07 | ₹2.35 | annually | |
2016-08-08 | ₹2.25 | annually | 2016-09-23 |
2015-07-30 | ₹2.25 | annually | 2015-09-13 |
2014-08-05 | ₹2.25 | annually | 2014-09-25 |
2013-06-27 | ₹2.15 | annually | 2013-08-14 |
Tata Consumer Products Dividend per year
Tata Consumer Products Dividend growth
Tata Consumer Products Dividend Yield
Tata Consumer Products current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing Tata Consumer Products stock? Use our calculator to estimate your expected dividend yield:
Tata Consumer Products Financial Ratios
Tata Consumer Products Dividend FAQ
Other factors to consider when evaluating Tata Consumer Products 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 Consumer Products'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 Consumer Products 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 Consumer Products 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 Consumer Products 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 Consumer Products 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 Consumer Products 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 Consumer Products 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 Consumer Products'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 Consumer Products'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.