TVS Electronics Limited, through its subsidiaries, designs, manufactures, assembles, markets, sells, and services various products in India and internationally. The company operates in two segments, Products & Solutions, and Customer Support Services. It provides dot matrix, thermal receipt, label, mobile, and specialty printers; mechanical and membrane keyboards; mouse products; barcode scanners, currency counters, surveillance cameras and recorders, touch pos systems, handheld devices, electronic cash registers, and other products; payment devices and weighing scales; and personal and productivity products. The company also offers break fix, repair and refurbishment, engineering, installation, demo, protection plan, IT infra management, remote tech support, call center, e-waste management, and other services; warranty management, and parts management and warehousing services. It serves governance and back office, oil, mining, manufacturing, BFSI, food and beverage, retail, hospitality, ticketing, warehousing, shipping and logistics, and transport industries, as well as railway sector, small offices, homes, and others. The company was founded in 1986 and is headquartered in Chennai, India. TVS Electronics Limited is a subsidiary of TVS Investments Private Limited.
TVS Electronics Dividend Announcement
• TVS Electronics announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-02
• TVS Electronics annual dividend for 2024 was ₹1.00
• TVS Electronics annual dividend for 2023 was ₹2.00
• TVS Electronics's trailing twelve-month (TTM) dividend yield is 0.27%
TVS Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-02 | ₹1.00 | annually | 2024-09-09 |
2023-07-28 | ₹2.00 | annually | 2023-08-14 |
2022-03-15 | ₹2.00 | annually | 2022-03-23 |
2020-03-16 | ₹1.50 | annually | 2020-03-20 |
2019-08-01 | ₹1.50 | annually | 2019-09-09 |
2018-08-01 | ₹1.50 | annually | 2018-09-08 |
2017-06-22 | ₹0.50 | annually | 2017-07-30 |
2008-08-18 | ₹1.00 | annually | 2008-10-01 |
2007-09-13 | ₹0.75 | annually | 2007-09-29 |
2006-09-19 | ₹0.75 | annually | 2006-10-06 |
2005-07-28 | ₹0.90 | annually | 2005-08-16 |
2004-06-07 | ₹0.75 | annually | 2004-06-24 |
TVS Electronics Dividend per year
TVS Electronics Dividend growth
TVS Electronics Dividend Yield
TVS Electronics current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing TVS Electronics stock? Use our calculator to estimate your expected dividend yield:
TVS Electronics Financial Ratios
TVS Electronics Dividend FAQ
Other factors to consider when evaluating TVS Electronics 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: TVS Electronics'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, TVS Electronics 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, TVS Electronics 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 TVS Electronics 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: TVS Electronics 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, TVS Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TVS Electronics 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 TVS Electronics'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 TVS Electronics'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.