Dividend

Friday, Apr 19, 2024 | Last Update : 04:41 PM IST

Finance Minister Nirmala Sitharaman (Photo: ANI)

Dividend will be taxed in hands of investors: FM

The removal of DDT will lead to estimated annual revenue forgone of Rs 25,000 crore.

02 Feb 2020 5:50 AM

Out of the net income of Rs 1,23,414 crore for the year 2018-19, the RBI had already transferred Rs 28,000 crore to the government as interim dividend in March 2019.

Interim dividend issue may come up in next RBI's board meeting

The country's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal as compared to 6.8 per cent in 2018-19.

20 Jan 2020 12:01 PM

The RBI largely earns profits through its trading of currencies and government bonds. (Photo: AFP)

Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM

Infosys Chief Financial Officer Nilanjan Roy said, "Continuing our objective of improving shareholder returns, we have revised our capital allocation policy upwards". (Photo: PTI)

Infosys to return 85 pc free cash via buyback, dividend over 5-year period

Infosys's existing policy was to pay up to 70 pc of the free cash flow annually by the way of dividend and/or buyback.

12 Jul 2019 7:57 PM

Last month, L&T had acquired Cafe Coffee Day owner VG Siddhartha's 20.32 per cent stake in Mindtree, and placed an order with brokers to pick up another 15 per cent shares from the open market.

Mindtree's special dividend could strip firm of Rs 320 cr ahead of L&T takeover

Asked if Mindtree anticipated any objection from L&T on its latest move, Ravanan said: 'I have absolutely no idea.'

17 Apr 2019 7:26 PM

The date of payment of second interim dividend for 2018-19 is on and from March 29, the filing said. (Representational Image)

CIL board approves second interim dividend of Rs 5.85 per share

Coal India (CIL) accounts for over 80 per cent of the domestic coal output.

15 Mar 2019 10:45 AM

IOC had in December declared Rs 6.75 per share interim dividend alongside a Rs 4,435 crore share buyback to help the government meet its revenue targets. (Photo: AP)

Facing revenue shortfall, Govt pushes IOC, ONGC to pay 2nd interim dividend

IOC has called a board meeting on March 19 to consider paying a second interim dividend, ONGC has declined.

14 Mar 2019 9:01 AM

The Reserve Bank, which follows July-June financial year, paid Rs 40,000 crore as dividend for the current fiscal. (Photo: File)

Goyal to address RBI board on Feb 9

Piyush Goyal to address the customary post budget meeting of the central board of RBI and highlight the key points of the interim Budget.

03 Feb 2019 4:41 PM

Economic Affairs Secretary Subhash Chandra Garg,

Govt expects Rs 28,000 cr interim dividend from RBI: DEA Secy Garg

The decision with regard to interim dividend will be taken in the next board meeting.

01 Feb 2019 4:16 PM

As a last resort, government will go ahead to monetise its holdings in SUUTI that’s valued at Rs 55,000 crore. (Representational Image)

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM

The dividend of Rs 7.12 crore was due for the period between April 1, 2017 to December 23, 2018.

IL&FS Transportation Networks defaults on dividend payment of Rs 7.12 cr

The group's total debt stood at over Rs 94,000 crore as of October 2018.

07 Jan 2019 1:12 PM

RBI had paid Rs 50,000 crore dividend for FY18.

Finance Ministry, RBI to take up dividend, surplus

While govt wants a big pie of surplus, some feel RBI needs a large corpus to maintain credibility.

04 Jan 2019 10:25 AM

IOC said its board has also declared an interim dividend of 67.5 per cent or Rs 6.75 per share for fiscal 2018-19. (Photo: AP)

IOC to buy back shares for Rs 4,435 cr; pay Rs 6,556 crore dividend

The government is expected to participate in each of the share buyback programme of these PSUs.

15 Dec 2018 11:31 AM

For 2018-19, Rs 52,494 crore has been budgeted as dividend from all PSUs, which is lower than the Rs 54,810 crore revised estimates of 2017-18.

OMCs will continue to bleed as govt rules out dividend relief

Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.

10 Oct 2018 10:58 AM

SAIL does not have any cash and bank balance and would need to borrow from the market for payment of dividend.

SAIL declines dividend to government, says has no cash: report

Shares of the company, which has a market value of around $4.7 billion, were down more than 2 per cent.

31 Aug 2018 4:14 PM

RBI paid interim dividend of Rs 10,000 crore at the insistence of the government to support fiscal position.

Reserve Bank to pay Rs 50,000 crore dividend to govt for FY18

The RBI made a dividend payout of Rs 30,659 crore for the financial year ended June 2017.

09 Aug 2018 8:51 AM

Dividend from CPSUs is a return on investment made by the government. (Photo: PTI)

Govt expects lower dividend proceeds from PSUs in FY19

As per Budget estimate for 2017-18, the govt expected Rs 67,529.24 crore from central PSUs.

03 Feb 2018 11:12 AM

The third interim dividend will be paid on and from December 22, 2017.

Nestle India declares interim dividend of Rs 33 per share

Nestle shares settled 0.30 per cent lower at Rs 7,680.35 on BSE.

04 Dec 2017 4:29 PM

Export Credit Guarantee Corporation (ECGC) has declared a dividend of Rs 72.5 crore at the rate of Rs 5 per share for 2016-17. (Representational Image)

ECGC declares dividend of Rs 72.50 core, says Commerce Ministry

ECGC has posted profit before tax of Rs 407 crore in FY2016-17, an increase of 5 per cent over 2016.

10 Aug 2017 8:34 PM

The Reserve Bank of India (RBI) on Thursday said it will pay Rs 30,659 crore dividend to the government for the year ended June 30.

RBI to pay Rs 30.6K crore dividend to government

RBI's dividend to the government is less than half of what it paid in 2016.

10 Aug 2017 8:27 PM

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Mohan Guruswamy

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