IRCTC has announced to pay a final dividend of Rs 1.50 per share for the financial year 2021-22. IRCTC share dividend translated into 75 per cent of the paid-up equity share capital of the company. The face value of IRCTC shares is Rs 2. The dividend is subject to approval during the Annual General Meeting (AGM).
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Will IRCTC give 2022 dividend?
The dividend is subject to approval during the Annual General Meeting (AGM). “The company has fixed Friday, August 19, 2022, as the ‘Record Date’ for determining entitlement of members to final dividend for the financial year ended March 31, 2022, if approved at the AGM,” IRCTC said in a regulatory filing.
Will IRCTC give dividend 2021?
IRCTC stock started trading ex-dividend from Thursday as it had fixed Aubust 19 as the record date to recognise eligible shareholders for the dividend payment for financial year 2021-22.
Who is eligible for IRCTC dividend?
The holders of the equity shares of the Company, as on the record date, are entitled to receive dividends. Since the Company has issued only one class of equity shares with equal voting rights, all the members of the Company are entitled to receive the same amount of dividend per share.
Indian Railway Catering & Tourism Corporation Ltd. has not announced any bonus since Jan 1, 2000.
Is IRCTC a good buy?
Shares of the firm are trading lower than 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The stock has lost 31 per cent in 2022 but risen 39.57 per cent in a year. Market cap of IRCTC fell to Rs 45,984 crore on BSE.
What is the dividend amount in IRCTC?
For the year ending March 2022 IRCTC – Indian Railway Catering & Tourism Corp has declared an equity dividend of 175.00% amounting to Rs 3.5 per share. At the current share price of Rs 637.10 this results in a dividend yield of 0.55%.
Key Fundamentals
| Market Cap (Rs cr) | 58,808 |
|---|---|
| P/E Ratio (x) [*] | 70.89 |
| Face Value (Rs) | 2 |
| Latest Dividend (%) | 75.00 |
| Latest Dividend Date |
How much dividend does Tata Motors pay?
PREMARKET
| Dividends Declared | ||
|---|---|---|
| Announcement Date | Effective Date | Remarks |
| 30/05/2016 | 18/07/2016 | Rs.0.2000 per share(10%)Dividend |
| 29/05/2014 | 09/07/2014 | Rs.2.0000 per share(100%)Dividend |
| 29/05/2013 | 30/07/2013 | Rs.2.0000 per share(100%)Dividend |
Did Irfc declare dividend?
Indian Railway Finance Corporation Ltd.
For the year ending March 2022 Indian Railway Finance Corporation has declared an equity dividend of 14.00% amounting to Rs 1.4 per share. At the current share price of Rs 21.25 this results in a dividend yield of 6.59%.
What is an interim dividend?
A dividend that is declared and distributed before the company’s annual earnings have been calculated.
What is the record date of IRCTC?
PREMARKET
| Splits History | ||
|---|---|---|
| Announcement Date | Old FV | Record Date |
| 12/08/2021 | 10 | 29/10/2021 |
What is meant by record date for dividend?
The record date is the cut-off date used to determine which shareholders are entitled to a corporate dividend. The record date will usually be the day following the ex-dividend date, which is the trading date on (and after) which the dividend is not owed to a new buyer of the stock.
Stocks that undergo a split can take up to 2 working days from the record date to be credited to your demat account. The shares will not be visible in your account during this period.
Manoj Dalmia, Founder & Director at Proficient Equities Limited said, “IRCTC share price is currently trading at below 200 DEMA (Daily Exponential Moving Average) and we are expecting this stock to fall further up to ₹550 to ₹535 levels.”
What is a 5 to 1 stock split?
5-for-1 split ratio: In a 5-for-1 stock split, each individual share of stock is split into five shares. The market price of those five new shares is one-fifth the price of the old share.
Is IRCTC fundamentally strong?
“While IRCTC is a fundamentally strong stock but the current valuations are very high even after the recent fall in the stock price.
Will IRCTC stock go up?
On what IRCTC share price chart pattern indicates, Rohit Singre, ABP — Technical Research at Bonanza Portfolio said, “IRCTC stocks are showing positive divergence on chart pattern and in short term, it may go up to ₹700 levels, the level from where it has tumbled after ushering in June 2022.
Is IRCTC good for long term?
As for IRCTC, the company is commanding a very rich valuation in terms of a price-to-earnings ratio of 83 times and a market cap to sales of 29.5 times, highlighted the expert. “This kind of valuation does not leave much scope for investors to make money.
Which company gives highest dividend?
List of Best Dividend Stocks to buy
| Sr. No | Company Name | BSE Scrip Code |
|---|---|---|
| 1 | Bajaj Auto | 532977 |
| 2 | GAIL | 532155 |
| 3 | Hindustan Zinc | 500188 |
| 4 | SJVN | 533206 |
Who will get Coal India dividend?
Coal India share dividend record date is August 12, meaning anyone having the shares of Coal India in his/her Demat account will be eligible to receive a Rs 3 dividend per equity share. The dividend is subject to approval at the Annual General Meeting.