TVS Holdings is making headlines once again as it gears up for a significant dividend distribution. The Chennai-based investment firm has announced an impressive interim dividend of ₹93 per share, representing an extraordinary 1,860% payout on its 2.02 crore equity shares with a face value of ₹5 each. As the record date approaches, investors are keen to understand the implications of this announcement.
Record Date and Eligibility for TVS Holdings Dividend
The record date for this dividend has been set for March 28, 2025. Only those investors who hold shares of TVS Holdings by this date will qualify to receive the interim dividend. This is vital information for current shareholders and potential investors looking to benefit from this lucrative payout.
Timeline for Dividend Distribution
TVS Holdings has committed to crediting the dividend to eligible shareholders within 30 days of the announcement. Shareholders can expect to receive their payments via electronic transfers or dividend warrants, depending on their chosen method. It’s a seamless process designed to make receiving dividends as convenient as possible.
Comparing Dividend Payouts Over the Years
This latest dividend marks the second-highest interim payout in the company’s history. In 2024, TVS Holdings distributed an interim dividend of ₹94 per share, slightly higher than this year’s figure. For context, the interim dividends for 2023 and 2022 were ₹59 and ₹44 per share, respectively. This consistent increase in dividend payouts reflects the company’s robust financial health and commitment to rewarding its shareholders.
Financial Performance Highlights
TVS Holdings has reported remarkable financial results, showcasing a 72% year-on-year increase in net profit, reaching ₹386 crore for the quarter ending December 31, 2024. Additionally, the company saw a 14% rise in revenue, hitting ₹11,458 crore, while EBITDA grew by 19%, amounting to ₹1,848 crore. This growth has positively impacted the EBITDA margin, which improved from 15.5% to 16% year-over-year.
Stock Performance Overview
While TVS Holdings has experienced a mixed stock performance recently, it delivered a 10% return over the past year. However, the stock has faced challenges, dropping nearly 36% in the past six months and experiencing a 5% decline year-to-date in 2025. Despite these fluctuations, investors can take solace in the fact that, over a five-year span, the stock has yielded an impressive 62% return.
In summary, TVS Holdings is not only rewarding its shareholders with a substantial dividend but also demonstrating strong financial performance. With the record date just around the corner, investors are advised to stay informed and consider their positions in this promising company.