Dividend

Dividend receipts from CPSEs exceed revised estimates by 26% to ₹63,000 cr

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The Centre’s dividend receipts from CPSEs have exceeded the revised budget estimate by 26 per cent to about ₹63,000 crore, with PSU behemoths like Coal India, ONGC, Powergrid and GAIL making handsome payouts in the current fiscal. The revised estimates of the Budget presented in Parliament on February 1 pegged dividend receipts from CPSEs at … Read more

Global corporate dividends hit record $1.66 trillion in 2023

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Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a report showed on Wednesday. On a worldwide basis, 86 per cent of listed companies either increased dividends or maintained them, according to the quarterly Janus Henderson Global Dividend Index (JHGDI) report, … Read more