VLS Finance Limited provides various financial services in India. The company's corporate consulting and advisory services include private placement of equities, debentures, and preference shares and bonds with banks, financial institutions, foreign institutional investors, mutual funds, corporates, and high net worth clients; advising on the structuring of schemes for raising debts in the form of fixed income securities; project reports, evaluations, and appraisals from financial institutions/banks; syndication of term loans, working capital, bridge loans, and short term financing; and advisory services on financial and corporate restructuring, spin-offs, takeovers, and mergers and acquisitions. Its corporate consulting and advisory services also comprise arranging external commercial borrowings and advising on rupee term loan swaps with foreign currency loans; support services, including corporate finance, tax planning, audit and accounting, financial and legal consultancy for corporates; arranging factoring of book debts and credit rating; placement of commercial papers; creation of trusts and procedural aspects of securities creation; syndication of asset funding businesses; and identification and arrangement of tie-ups of domestic and foreign partnerships. In addition, the company offers investment banking services, such as determination of the issue size and pricing; drafting of the offer document and filling it with SEBI for approval; co-ordination with various regulatory authorities and private agencies during the issue; monitoring of the press, investor, and analyst meets; selection of the market timing; and other services. VLS Finance Limited was incorporated in 1986 and is based in New Delhi, India.
VLS Finance Dividend Announcement
• VLS Finance announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• VLS Finance annual dividend for 2024 was ₹1.00
• VLS Finance annual dividend for 2023 was ₹1.50
• VLS Finance's trailing twelve-month (TTM) dividend yield is 0.27%
• VLS Finance's dividend growth over the last five years (2018-2023) was 8.45% year
VLS Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹1.00 | annually | 2024-10-28 |
2023-09-22 | ₹1.50 | annually | 2023-10-29 |
2022-09-21 | ₹1.50 | annually | 2022-10-30 |
2021-09-22 | ₹1.50 | annually | 2021-10-30 |
2020-12-02 | ₹1.50 | annually | 2021-01-08 |
2020-10-22 | ₹1.50 | annually | |
2019-09-03 | ₹1.00 | annually | 2019-10-11 |
2018-09-12 | ₹1.00 | annually | 2018-10-19 |
2017-09-19 | ₹1.00 | annually | 2017-10-24 |
VLS Finance Dividend per year
VLS Finance Dividend growth
VLS Finance Dividend Yield
VLS Finance current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing VLS Finance stock? Use our calculator to estimate your expected dividend yield:
VLS Finance Financial Ratios
VLS Finance Dividend FAQ
Other factors to consider when evaluating VLS Finance 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: VLS Finance'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, VLS Finance 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, VLS Finance 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 VLS Finance 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: VLS Finance 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, VLS Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: VLS Finance 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 VLS Finance'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 VLS Finance'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.