TTK Healthcare Limited engages in the animal welfare and human pharma product, consumer product, medical device, protective device, and food businesses in India and internationally. Its Animal Welfare segment deals in various therapeutic formulations and feed supplements for veterinary use. The company's Consumer Products segment is involved in the marketing and distribution of Woodward's Gripewater, EVA range of cosmetics, Good Home range of scrubbers, air fresheners, etc. its Medical Devices segment manufactures and distributes artificial heart valves; and develops orthopedic implants and instruments. The company's Protective Devices segment manufactures and markets male contraceptives and other allied products. Its Foods segment engages in the manufacturing and marketing of food products, including potato and cereal based pellets. The company's Others segment prints and publishes maps and atlases. Its Human Pharma segment deals in herbal and allopathic formulations for human use. The company was incorporated in 1958 and is headquartered in Chennai, India. TTK Healthcare Limited is a subsidiary of TT Krishnamachari & Co., Ltd.
TTK Healthcare Dividend Announcement
• TTK Healthcare announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-16
• TTK Healthcare annual dividend for 2024 was ₹10.00
• TTK Healthcare annual dividend for 2023 was ₹10.00
• TTK Healthcare's trailing twelve-month (TTM) dividend yield is 0.66%
• TTK Healthcare's dividend growth over the last five years (2018-2023) was 14.87% year
• TTK Healthcare's dividend growth over the last ten years (2013-2023) was 9.60% year
TTK Healthcare Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | ₹10.00 | annually | 2024-08-23 |
2023-07-18 | ₹10.00 | annually | 2023-08-24 |
2022-07-26 | ₹10.00 | annually | 2022-08-23 |
2021-08-12 | ₹6.00 | annually | 2021-09-07 |
2020-09-03 | ₹3.00 | annually | 2020-09-30 |
2019-08-01 | ₹5.00 | annually | 2019-08-30 |
2018-08-02 | ₹5.00 | annually | 2018-09-08 |
2017-07-27 | ₹5.00 | annually | 2017-09-03 |
2016-07-28 | ₹5.00 | annually | 2016-09-04 |
2015-07-30 | ₹4.50 | annually | 2015-08-28 |
2014-08-13 | ₹4.00 | annually | 2014-09-11 |
2013-07-16 | ₹4.00 | annually | 2013-08-24 |
TTK Healthcare Dividend per year
TTK Healthcare Dividend growth
TTK Healthcare Dividend Yield
TTK Healthcare current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing TTK Healthcare stock? Use our calculator to estimate your expected dividend yield:
TTK Healthcare Financial Ratios
TTK Healthcare Dividend FAQ
Other factors to consider when evaluating TTK Healthcare 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: TTK Healthcare'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, TTK Healthcare 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, TTK Healthcare 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 TTK Healthcare 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: TTK Healthcare 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, TTK Healthcare distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TTK Healthcare 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 TTK Healthcare'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 TTK Healthcare'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.