Surplus generation will remain limited in Q1FY21 and NHAI compensation may take time, so till then, the liquidity buffer will be used for operating expenses and debt servicing, says Icra
The company's financial capacity to address any contingencies is also a consideration while declaring surplus cash as dividend
In the past one month, shares of the company have slipped over 5.5 per cent while benchmark Nifty50 has declined around 7 per cent.
Those not availing treaty benefits may have to shell out as much as 40% tax
With the inclusion of the dividend income, the total taxable income of many taxpayers will get pushed to higher slabs
The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan
The budget statement due February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays the levy
The 1,000% dividend will help Tata Trusts, which owns 67 per cent in Tata Sons, to invest in charitable activities. The total dividend outgo will be Rs 404 crore
Aggressive hybrid funds, according to Sebi's definition, invest 65-80 per cent of their portfolio in equities
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea
The dividend amount includes the interim dividend earned by shareholders during FY19 and the final dividend proposed by companies but not yet paid