Why do companies distribute special dividends?
A special dividend can be paid by a company for various reasons.
A special dividend may be paid if the financial performance of the company is particularly strong. When a business is making a lot of money, it may decide to pay a special dividend rather than reinvesting it in the business or using it for something else.
Sales of assets have been linked to special payments in the past. When a company makes a substantial profit on the sale of a subsidiary or other asset, it may choose to distribute some or all of the profits to shareholders rather than reinvesting them in the business.
When a company makes significant changes to its capital structure, it can declare a special dividend. Paying a single sum of money to shareholders can quickly increase a company’s debt ratio, which can be beneficial when transitioning to a new business model.
Tech Mahindra’s export revenues represent more than 93 percent of its total revenues. He earns 47.5% of his income in the United States, 26.5% in Europe and 26.5% in the rest of the world. It will be interesting to see how American companies spend their money on technology.
On October 25, 2021, the company declared a dividend of Rs 15.0 per share, with a registration date of November 5, 2021. The share returned 115.71% over three years, compared to 72.47% for the ‘Nifty index 100.
Tech Mahindra special dividend
Over a three-year period, the stock returned 115.71%, while Nifty IT gave investors a gain of 147.04%.
Since March 21, 2007, Tech Mahindra Ltd. declared 21 dividends.
Tech Mahindra Ltd. declared a stock dividend of Rs 30.00 per share in the past 12 months. This translates to a dividend yield of 2.03% at the current share price of Rs 1477.85.
Procter & Gamble Health
Only 1.06% of trading sessions over the past 16 years have seen intraday declines of more than 5%. The company has sufficient liquidity to cover its contingent liabilities. The increase in the company’s QoQ revenue was 29.42%, the best of the previous three years. The stock returned 86.58% over three years, compared to 82.17% for the Nifty Midcap 100. Over a three-year period, the stock returned 86.58%, compared to 43.69% for Nifty Pharma.
Special dividend Procter & Gamble
Procter & Gamble Health Ltd., founded in 1967, is a mid-cap pharmaceutical company with a market capitalization of Rs 9,003.09 crore.
Since May 29, 2001, Procter & Gamble Health Ltd. declared 26 dividends.
Procter & Gamble Health Ltd. declared a stock dividend of Rs 230.00 per share in the past 12 months.
This equates to a dividend yield of 4.24% at the current share price of Rs 5,423.75.
Triveni Turbine Ltd., founded in 1995, is a mid-cap engineering company with a market capitalization of Rs 6,201.00 crore. Over a three-year period, the stock returned 88.04%, compared to 57.97% for the S&P BSE Capital Goods Index. The stock returned 88.04% over three years, compared to 82.17% for the Nifty Midcap 100. On October 26, 2021, the company declared a dividend of Rs 0.4 per share, with a record date of November 9, 2021.
Since November 8, 2011, Triveni Turbine Ltd. declared 19 dividends. Triveni Turbine Ltd. declared a stock dividend of 1.20 rupees per share in the past 12 months. This translates to a dividend yield of 0.63% at the current share price of Rs 191.80.
3 special dividend stocks to watch in November 2021
|Society||Dividend date||Registration Date||Dividend%|
|Procter & Gamble Health||02-Nov-2021||05-Nov-2021||900|
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