When does Hinduja Global Solutions Ltd usually announce its dividend?
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HGS typically announces its final dividend around May, with the ex-dividend date falling in September.
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Introduction
Hinduja Global Solutions Ltd. (HGS), headquartered in Bangalore, India, is a business process management (BPM) service provider with over four decades of experience. As part of the Hinduja Group, HGS offers voice and non-voice-based services, including contact center solutions and back-office transaction processing, across America, Canada, Europe, Asia, and the Middle East. Its digital services deliver content via satellite, digital cable, and broadband to over 5 million customers in 1,500 Indian cities and towns. The company employs approximately 20,505 people globally.
Latest Dividend Declared: ₹7.00 (Final, FY24)
Dividend Yield: 1.52%
Record Date: Notified as per exchange filing
Ex-Dividend Date: 19 September 2024
Payout Ratio: Approximately 24%
Year | Dividend Per Share (₹) | Payout (%) |
2024 | 7.00 | 24 |
2023 | 5.00 | 24 |
2022 | 213.00 | 15 |
2021 | 45.00 | 25 |
2020 | 27.00 | 21 |
2019 | 10.00 | 12 |
As of FY24, HGS's dividend yield stood at 1.52%. The company reported a revenue from operations per share of ₹339.26 and a book value per share of ₹666.82 for the fiscal year ending March 2024.
HGS has maintained a dividend payout ratio of approximately 24%. Factors influencing the company's dividend policy include profitability, capital requirements, cash flows, and regulatory obligations. Market conditions, operational performance, and strategic investments also play a role in shaping dividend decisions.
Check Status: Visit the website of the Registrar & Transfer Agent or the company’s investor section.
Claim Process: If the dividend has not been credited, shareholders can write to the RTA or claim through the Investor Education and Protection Fund (IEPF) portal.
Bank Mandate: Ensure bank details are updated in the Demat account for smooth credit of dividends.
HGS has maintained a dividend payout ratio of approximately 24% over recent years. The company's dividend decisions are influenced by various factors, including profitability and capital requirements.
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HGS typically announces its final dividend around May, with the ex-dividend date falling in September.
As per the latest data, the dividend yield of HGS stands at approximately 1.52%.
Dividend yields vary across the industry. Investors are advised to compare HGS's dividend yield with those of its peers to make informed decisions.
Shareholders can check the dividend status via the company’s investor relations section or through the registrar & transfer agent’s website.
HGS has maintained a dividend payout ratio of approximately 24% over recent years.
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