TTK Prestige Limited, together with its subsidiaries, manufactures and markets kitchen and home appliances under the Prestige and Judge brands in India and internationally. It offers pressure cookers, cookware, gas stoves, mixer grinders, induction cooktops, kitchen hoods/chimneys, rice cookers, electric grills, kettles, sandwich and roti makers, air fryers, coffee makers, OTG, milk boilers, electric choppers, wet and grain grinders, food processors, fruit and veg cleaners, juicers, and hand blenders. The company also provides iron, vacuum cleaner, floor polishers, cleaning tools, ladders, dust bins, gravity water purifiers, electric water purifiers, copper water dispensers, copper bottles, bottles, and flasks; and knife/knife sets, manual hand blenders, cooker seperators, veggie cutters, gas lighters, spoon/ladles, and barbeque sets. As of March 31, 2022, the company operated a network of 665 outlets under the Prestige Xclusive name. The company was incorporated in 1955 and is based in Bengaluru, India.
TTK Prestige Dividend Announcement
• TTK Prestige announced a annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-14
• TTK Prestige annual dividend for 2024 was ₹6.00
• TTK Prestige annual dividend for 2023 was ₹6.00
• TTK Prestige's trailing twelve-month (TTM) dividend yield is 0.7%
• TTK Prestige's dividend growth over the last five years (2018-2023) was -27.52% year
• TTK Prestige's dividend growth over the last ten years (2013-2023) was -10.15% year
TTK Prestige Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | ₹6.00 | annually | 2024-09-20 |
2023-07-21 | ₹6.00 | annually | 2023-08-26 |
2022-07-21 | ₹3.50 | annually | 2022-08-28 |
2022-02-10 | ₹2.50 | annually | 2022-03-02 |
2021-07-01 | ₹30.00 | annually | 2021-08-07 |
2020-11-19 | ₹20.00 | annually | 2020-12-02 |
2020-08-13 | ₹20.00 | annually | 2020-09-20 |
2019-08-07 | ₹30.00 | annually | 2019-09-11 |
2018-07-20 | ₹30.00 | annually | 2018-08-24 |
2017-08-08 | ₹12.00 | annually | 2017-08-23 |
2017-05-02 | ₹15.00 | annually | 2017-05-10 |
2016-03-17 | ₹27.00 | annually | 2016-03-23 |
2015-07-17 | ₹22.00 | annually | 2015-08-22 |
2014-08-11 | ₹20.00 | annually | 2014-08-28 |
2013-07-03 | ₹17.50 | annually | 2013-08-14 |
TTK Prestige Dividend per year
TTK Prestige Dividend growth
TTK Prestige Dividend Yield
TTK Prestige current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing TTK Prestige stock? Use our calculator to estimate your expected dividend yield:
TTK Prestige Financial Ratios
TTK Prestige Dividend FAQ
Other factors to consider when evaluating TTK Prestige 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 Prestige'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 Prestige 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 Prestige 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 Prestige 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 Prestige 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 Prestige 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 Prestige 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 Prestige'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 Prestige'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.