A recent wave of announcements from leading companies has captured the attention of investors as they unveil their dividend declarations following impressive Q4 results. On May 7, 2025, five noteworthy firms, including Voltas, United Breweries, Tata Chemicals, Sonata Software, and Symphony, revealed dividends ranging up to ₹11 per share, marking a promising financial outlook for shareholders.
Voltas Declares Generous Dividend
In a meeting held on May 7, 2025, the board of Voltas made a significant announcement, proposing a dividend of ₹7 per share, which translates to an impressive 700% based on a face value of Re 1. This dividend is set to be distributed following the 71st Annual General Meeting (AGM), pending shareholder approval. The company indicated that payments would commence five days post-meeting.
United Breweries Shares Positive Outlook
United Breweries also joined the ranks with a recommendation for a ₹10 dividend per equity share, based on a face value of ₹1. This dividend for the fiscal year ending March 31, 2025, awaits approval from shareholders during the upcoming AGM. Should it receive the green light, distributions are expected by September 4, 2025.
Tata Chemicals Offers Attractive Dividend
Tata Chemicals announced a noteworthy dividend of ₹11, equating to 110% for the fiscal year 2024-25. If shareholders grant their approval during the 86th AGM, the company plans to issue payments within five days, subject to tax deductions at source.
Sonata Software Proposes Final Dividend
The board of Sonata Software has suggested a final dividend of ₹4.40 per equity share, representing 440% on a par value of Re 1 for the financial year ending March 31, 2025. This proposed dividend is also contingent on shareholder approval at the forthcoming AGM and will be paid out within five days post-approval, after necessary tax deductions.
Symphony Maintains Strong Dividend Policy
Finally, Symphony announced a final dividend of ₹8 per equity share, corresponding to 400% based on a face value of ₹2 for the fiscal year 2024-25. This dividend is subject to the usual approvals and will be processed in line with shareholder decisions.
Key Takeaways
- Voltas: Proposed ₹7 dividend (700%)
- United Breweries: Suggested ₹10 dividend
- Tata Chemicals: Recommended ₹11 dividend (110%)
- Sonata Software: Final dividend of ₹4.40 (440%)
- Symphony: Declared ₹8 dividend (400%)
These dividend announcements reflect a robust financial performance and a commitment to shareholder returns, making these companies attractive options for investors looking for income-generating stocks. Stay tuned for updates from the upcoming AGMs and their shareholder resolutions.
