Nifty 500 Dividend Payouts Hit Seven-Year Low Amid Record Cash Distributions

Nifty 500 Dividend Payouts Hit Seven-Year Low Amid Record Cash Distributions

Corporate India’s dividend payout ratio has plummeted to a seven-year low, even as the total cash distributed by Nifty 500 companies climbed to a record Rs 4.94 lakh crore in the most recent fiscal year. While absolute figures suggest robust financial health, the decline in the payout ratio—the percentage of net profits paid out to…

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RBI Announces Record ₹2.87 Lakh Crore Dividend Payout to Government

RBI Announces Record ₹2.87 Lakh Crore Dividend Payout to Government

A Historic Surplus Transfer The Reserve Bank of India (RBI) Central Board, meeting in Mumbai on May 22, 2024, approved a record-breaking surplus transfer of ₹2,86,588 crore to the Government of India for the fiscal year 2023-24. This unprecedented dividend payout, which significantly exceeds market expectations, marks the highest surplus transfer in the central bank‘s…

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