Source: StreetfFins
Adani Ports and Special Economic Zone Ltd, Home First Finance Company India Ltd, and Sportking India Ltd are three key companies being watched today by dividend-focused investors. All three are scheduled to hold meetings of their respective boards on May 1, 2025, to consider their annual financial results and whether to recommend final dividend payments relating to the financial year ended March 31, 2025.
Reports on the Company
Adani Ports and Special Economic Zone Ltd
According to the exchange filing on April 26, 2025, Adani Ports stated that the Board would meet today to:
- Approve the audited financial results for Q4 and FY25.
- Consider and approve the dispatch of dividends on equity shares for FY 2024–25.
The company did in FY24:
- ₹2,014.77 crore for consolidated net profit (up 76% YoY).
- ₹6,896.50 crore for operational revenue (up 19% YoY).
- Last year (FY24), the company declared a final dividend of ₹6 per share, with an ex-dividend date of June 14, 2024.
Home First Finance Company India Ltd
On April 25, 2025, Home First Finance sent a notice to BSE, stating that its board would meet to discuss:
- Approval of the audited standalone financial results for Q4 and FY25.
- Discuss recommendation for a final dividend for FY25.
Discuss the plans for raising funds through Non-Convertible Debentures (NCDs) private placement in one or more tranches depending on business requirements and legal compliance.
Sportking India Ltd
Sportking India has informed BSE that as per its Board of Directors, it would also meet on May 1, 2025, to:
- Approve the Standalone Audited Financial Results for the year ended FY25.
- Consider whether to recommend a final dividend for the year ended March 31, 2025.
Importance of Dividends
Dividends are a major financial indicator of a company’s profitability and the willingness to return a part of its earnings to shareholders. One major measurement is the dividend yield, which compares the annual dividend to the market price of the stock. Any yield of 3% to 5%, or above 5%, is generally considered attractive to investors.
Nevertheless, the general market environment influences what may be considered as a healthy yield. For many investors, dividend yield is an important criterion for selecting stocks that offer stable income.
Disclaimers
The opinions and recommendations given in this article are those of individual analysts and brokerage houses. Investors should consult certified financial advisors before making any investment decisions.
