Tata Elxsi Limited provides product design and engineering, and systems integration and support services in India, the United States, Europe, and internationally. The company operates through two segments, Software Development and Services; and Systems Integration and Support. It offers technology consulting, new product design, development, and testing services; and consumer insights and strategy, visual design and branding, product and packaging design, user experience design, service experience design, and transportation design, as well as content and 3D animation services. The company also provides engineering services for connected, autonomous, and shared and electric vehicles; consumer research, prototyping, and automotive exteriors and interiors styling services; body and chassis systems, driveline, and powertrain systems; automotive software engineering services; validation service; and AI-enabled smart annotation platform for automotive industry. In addition, it offers shopping, bill payment, gaming, movie watching, and video conferencing services; distribution and delivery solutions; ad monetization services; OTT/IPTV and test automation platforms; intelligent network and transformation operations; network orchestration, SDN/SD-WAN, android TV, and RDK services for communications industry; integrated design and engineering, and regulatory compliance services, as well as digital health products and solutions. Further, the company provides technology solutions and services for smart home appliances, electric off-highway vehicles, autonomous vehicles, connected systems, integrated digital rail systems, and semiconductors. Additionally, it implements and integrates systems and solutions for computing, CAD/CAM/CAE/PLM, broadcast, virtual reality, storage, and disaster recovery; and provides professional services for the maintenance and support of IT infrastructure. The company was incorporated in 1989 and is headquartered in Bengaluru, India.
Tata Elxsi Dividend Announcement
• Tata Elxsi announced a annually dividend of ₹70.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-25
• Tata Elxsi annual dividend for 2024 was ₹70.00
• Tata Elxsi annual dividend for 2023 was ₹60.60
• Tata Elxsi's trailing twelve-month (TTM) dividend yield is 0.95%
• Tata Elxsi's dividend growth over the last five years (2018-2023) was 40.67% year
• Tata Elxsi's dividend growth over the last ten years (2013-2023) was 28.34% year
Tata Elxsi Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-25 | ₹70.00 | annually | 2024-08-09 |
| 2023-06-22 | ₹60.60 | annually | 2023-08-03 |
| 2022-06-15 | ₹42.50 | annually | 2022-07-23 |
| 2021-06-17 | ₹24.00 | annually | 2021-07-25 |
| 2020-07-13 | ₹16.50 | annually | 2020-08-20 |
| 2019-07-08 | ₹13.50 | annually | 2019-08-16 |
| 2018-07-16 | ₹11.00 | annually | 2018-08-24 |
| 2017-07-18 | ₹16.00 | annually | 2017-08-26 |
| 2016-07-15 | ₹14.00 | annually | 2016-08-25 |
| 2015-07-14 | ₹11.00 | annually | |
| 2014-07-09 | ₹9.00 | annually | 2014-08-17 |
| 2013-07-12 | ₹5.00 | annually | 2013-08-22 |
Tata Elxsi Dividend per year
Tata Elxsi Dividend growth
Tata Elxsi Dividend Yield
Tata Elxsi current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Tata Elxsi stock? Use our calculator to estimate your expected dividend yield:
Tata Elxsi Financial Ratios
P/E ratio56.15
PEG ratio2.02
P/B ratio18.44
ROE34.06%
Payout ratio0.00%
Current ratio5.24
Quick ratio5.24
Cash Ratio0.21
Tata Elxsi Dividend FAQ
How much is the next Tata Elxsi dividend?
Tata Elxsi's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tata Elxsi dividend. The next Tata Elxsi dividend will be released in June.
When is Tata Elxsi dividend paid?
Tata Elxsi pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tata Elxsi pay?
The specific amount of Tata Elxsi dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tata Elxsi's dividend history.
Does Tata Elxsi stock pay dividends?
Yes, Tata Elxsi does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tata Elxsi's dividend history.
How much dividend does Tata Elxsi pay?
Tata Elxsi paid ₹70.0 in 2024, ₹60.6 in 2023, ₹42.5 in 2022, ₹24.0 in 2021, and ₹16.5 in 2020.
How often does Tata Elxsi pay dividends?
Tata Elxsi typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Tata Elxsi's dividend yield?
The current dividend yield for Tata Elxsi is 0.95%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tata Elxsi's exact dividend yield.
When does Tata Elxsi go ex dividend?
Tata Elxsi's ex-dividend date for the latest dividend was on 2024-06-25. Tata Elxsi typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tata Elxsi dividend paid?
Tata Elxsi pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tata Elxsi increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tata Elxsi will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tata Elxsi dividend per share?
Tata Elxsi paid ₹70.0 per share in 2024 and ₹60.6 per share in 2023. The amount of dividend per share that Tata Elxsi pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tata Elxsi a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tata Elxsi a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tata Elxsi a dividend stock?
Yes, Tata Elxsi is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tata Elxsi a good dividend stock?
Whether Tata Elxsi is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tata Elxsi has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tata Elxsi 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.
Other factors to consider when evaluating Tata Elxsi 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.
Does Tata Elxsi pay dividends monthly?
Tata Elxsi typically pays dividends on a annually basis.
Does Tata Elxsi pay dividends quarterly?
Tata Elxsi currently pays dividends on a annually basis.
Has Tata Elxsi ever paid a dividend?
Yes, Tata Elxsi has a history of paying dividends to its shareholders. Tata Elxsi is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tata Elxsi dividend stocks?
To buy Tata Elxsi you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Tata Elxsi stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Tata Elxsi stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tata Elxsi pay dividends 2024?
Tata Elxsi pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tata Elxsi increase its dividend in 2024?
Decisions regarding Tata Elxsi dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tata Elxsi dividend overview you can look into the above table of dividend history.
How Tata Elxsi dividend works?
The Tata Elxsi dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tata Elxsi's dividend process works:
1. Determination of Dividend: Tata Elxsi'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 Elxsi 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 Elxsi 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 Elxsi 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. Determination of Dividend: Tata Elxsi'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 Elxsi 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 Elxsi 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 Elxsi 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.
How are Tata Elxsi dividends paid?
Tata Elxsi dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tata Elxsi 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 Elxsi 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 Elxsi 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.
1. Record Date: Tata Elxsi 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 Elxsi 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 Elxsi 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.
How many times does Tata Elxsi pay dividends?
Tata Elxsi typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tata Elxsi pay dividends?
The general pattern is that Tata Elxsi pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tata Elxsi dividend safe?
The safety of Tata Elxsi's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Tata Elxsi'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 Elxsi'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.
To assess the safety of Tata Elxsi'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 Elxsi'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.