The outflow on account of equity dividend
including corporate tax will be Rs 1,195 crore compared to Rs 933 crore paid for FY 18.
The asset management business of Voya Financial Inc (NYSE:VOYA), Voya Investment Management, declared on Wednesday the common shares distributions of two of its funds, Voya Global Equity Dividend
and Premium Opportunity Fund (NYSE:IGD) and Voya International High Dividend Equity Income Fund (NYSE:IID).
Fund is suspending the right of fund shareholders to request that the fund redeem its securities.
Meanwhile, in a separate filing, ZEEL informed the BSE that its board in a meeting recommended payment of equity dividend
of Rs 2.90 per share for 2017-18.
An interim equity dividend
of 40% has been paid for 2016-17, maintaining the track record of paying dividends uninterruptedly since 1976-77.
The distribution per share for each Fund is as follows: Voya Global Equity Dividend
and Premium Opportunity Fund (NYSE: IGD), USD0.076; Voya International High Dividend Equity Income Fund (NYSE: IID), USD0.069.
payout of BSE 500 companies between 2009/10 and 2013/14 rose at 15.3 per cent compound annual growth rate (CAGR), while their net profit increased by only 8.2 per cent CAGR.
The debt component of the overall rate is known as the mortgage constant and the equity component of the overall rate can be measured by the equity dividend
Latest accounts filed with Companies House for 2014 also show that Barbour paid an equity dividend
of PS10m in 2014, PS1m more than in 2013.
Companies House accounts show the company increased its interim equity dividend
75 per cent to PS1.05million (2012; PS600,000).
Also, he said, equity dividend
yields are still comparable to what the investors are getting in western markets and that's a good sign.
However, any outstanding deferred interest payment would have to be settled in cash if MAF Holding declared or paid an equity dividend
or interest on equal-ranking securities, or if MAF Holding or any of its subsidiaries redeemed or repurchased common shares or equal-ranking securities, subject to certain exemptions.