Venky's (India) Limited engages in the production and sale of poultry products in India. It operates through three segments: Poultry and Poultry Products, Animal Health Products, and Oilseed. The Poultry and Poultry Products segment produces and sells day old broiler and layer chicks, specific pathogen free eggs, processed chicken products, poultry feeds, and other miscellaneous poultry products. The Animal Health Products segment produces and sells medicines and other health products for birds. The Oilseed segment produces and sells edible refined soya oil and soya de-oiled cake. It also operates a quick service restaurant under the Venky's XPRS name. The company was formerly known as Western Hatcheries Limited and changed its name to Venky's (India) Limited. The company was incorporated in 1976 and is based in Pune, India. Venky's (India) Limited is a subsidiary of Venkateshwara Hatcheries Private Limited.
Venky's Dividend Announcement
• Venky's announced a annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-08-23
• Venky's annual dividend for 2024 was ₹7.00
• Venky's annual dividend for 2023 was ₹6.00
• Venky's's trailing twelve-month (TTM) dividend yield is 0.39%
Venky's Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ₹7.00 | annually | 2024-10-11 |
2023-09-08 | ₹6.00 | annually | 2023-10-22 |
2022-09-08 | ₹13.00 | annually | 2022-10-23 |
2021-07-22 | ₹17.00 | annually | 2021-09-10 |
2019-09-19 | ₹8.00 | annually | 2019-10-27 |
2018-09-06 | ₹8.00 | annually | 2018-10-26 |
2017-08-31 | ₹6.00 | annually | 2017-10-11 |
2016-09-08 | ₹5.00 | annually | 2016-10-29 |
2015-08-27 | ₹1.48 | annually | 2015-10-16 |
2014-08-07 | ₹1.48 | annually | 2014-09-26 |
2013-08-01 | ₹1.48 | annually | 2013-09-11 |
2012-08-16 | ₹1.48 | annually | 2012-09-22 |
Venky's Dividend per year
Venky's Dividend growth
Venky's Dividend Yield
Venky's current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Venky's stock? Use our calculator to estimate your expected dividend yield:
Venky's Financial Ratios
Venky's Dividend FAQ
Other factors to consider when evaluating Venky's 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: Venky's'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, Venky's 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, Venky's 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 Venky's 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: Venky's 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, Venky's distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Venky's 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 Venky's'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 Venky's'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.