TVS Motor Company Limited, together with its subsidiaries, manufactures and sells automotive vehicles and components, spare parts, and accessories in India. It operates through Automotive Vehicles and Parts, Automotive Components, Financial Services, and Others segments. The company offers motorcycles under the Apache, Radeon, Raider, StaR City+, and Sport brand names; scooters under the Ntorq, Jupiter, Zest 110, and Scooty Pep+ brands; mopeds under the XL 100, XL 100 Comfort, XL100 Heavy Duty, XL 100 Comfort i-TOUCH start, and XL 100 Heavy Duty i-TOUCH start brand names; electric vehicles under the TVS iQUBE brand; and three wheelers under the TVS King brand name. It also provides e-mobility solutions under the Cilo, Simpel, Allegro, and Zenith-Bikes brands; and financing for two-wheelers. The company operates in the Middle East, Africa, Southeast Asia, and Latin and Central America. It distributes its products through a network of authorized dealers. The company was incorporated in 1992 and is based in Chennai, India. TVS Motor Company Limited is a subsidiary of Sundaram-Clayton Limited.
TVS Motor Dividend Announcement
• TVS Motor announced a annually dividend of ₹8.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-19
• TVS Motor annual dividend for 2024 was ₹8.00
• TVS Motor annual dividend for 2023 was ₹5.00
• TVS Motor's trailing twelve-month (TTM) dividend yield is 0.33%
• TVS Motor's dividend growth over the last five years (2018-2023) was 8.02% year
• TVS Motor's dividend growth over the last ten years (2013-2023) was 10.45% year
TVS Motor Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-19 | ₹8.00 | annually | |
2023-02-02 | ₹5.00 | annually | 2023-02-23 |
2022-03-25 | ₹3.75 | annually | 2022-04-17 |
2021-03-30 | ₹1.40 | annually | 2021-04-23 |
2021-02-04 | ₹2.10 | annually | 2021-02-27 |
2020-03-17 | ₹1.40 | annually | 2020-03-20 |
2020-02-11 | ₹2.10 | annually | 2020-02-15 |
2019-03-18 | ₹1.40 | annually | 2019-04-10 |
2018-10-30 | ₹2.10 | annually | 2018-11-22 |
2018-03-06 | ₹1.30 | annually | 2018-03-28 |
2017-11-08 | ₹2.00 | annually | 2017-12-01 |
2017-03-14 | ₹1.25 | annually | 2017-04-05 |
2016-11-03 | ₹1.25 | annually | 2016-11-26 |
2016-03-17 | ₹1.50 | annually | 2016-06-01 |
2016-02-04 | ₹1.00 | annually | 2016-02-28 |
2015-05-05 | ₹1.15 | annually | 2015-08-28 |
2015-02-06 | ₹0.75 | annually | 2015-03-05 |
2014-05-02 | ₹0.75 | annually | 2014-05-29 |
2013-10-30 | ₹0.65 | annually | 2013-11-24 |
2013-05-03 | ₹0.60 | annually | 2013-05-30 |
2013-02-06 | ₹0.60 | annually | 2013-03-03 |
TVS Motor Dividend per year
TVS Motor Dividend growth
TVS Motor Dividend Yield
TVS Motor current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing TVS Motor stock? Use our calculator to estimate your expected dividend yield:
TVS Motor Financial Ratios
TVS Motor Dividend FAQ
Other factors to consider when evaluating TVS Motor 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 Motor'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 Motor 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 Motor 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 Motor 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 Motor 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 Motor 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 Motor 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 Motor'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 Motor'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.