Dividend payout by BSE500 firms up 1.7%; share buyback rises 64% in FY19

Equity dividends by corporate India has hit a growth wall. The combined dividend payout by BSE500 firms was up just 1.7 per cent year-on-year (YoY) in FY19, growing at the slowest pace in three years. In all, shareholders are set to earn Rs 1.64 trillion as equity dividend from BSE500 index companies in FY19 against a dividend income of Rs 1.62 trillion a year ago.   The dividend amount includes the interim dividend earned by shareholders during FY19 and the final dividend proposed by companies but not yet paid. Final equity dividend is paid after approval by shareholders at annual ge.....
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