Firstsource Solutions Ltd. - FSL, 532809 dividend history (2024)

FAQs

What is the dividend of Firstsource in 2024? ›

Last dividend date: 07/02/2024. Current Dividend Yield: 1.76% Annual dividend payment: ₹3.50.

Return vs Industry: FSL exceeded the Indian Professional Services industry which returned 65.6% over the past year. Return vs Market: FSL exceeded the Indian Market which returned 45% over the past year.

Dividends are typically issued quarterly but can also be disbursed monthly or annually. Distributions are announced in advance and determined by the company's board of directors. Companies pay dividends for a variety of reasons, most often to show their financial stability and to keep or attract investors.

The Dividend Forecasting product helps financial institutions price derivatives and better understand how companies are performing. The product delivers precise forecasts of the size and timing of dividend payments based on equity research, market announcements and unique quantitative insight.

Future Growth

Firstsource Solutions is forecast to grow earnings and revenue by 18.9% and 10% per annum respectively. EPS is expected to grow by 17.1% per annum. Return on equity is forecast to be 20.4% in 3 years.

Firstsource Solutions Ltd. has an average target of 110. The consensus estimate represents a downside of -44.40% from the last price of 197.85. View 1 reports from 1 analysts offering long-term price targets for Firstsource Solutions Ltd..

Use the ex-dividend date (and record date) as an investing strategy to get the most dividend returns. Knowing your ex-dividend date, and record date, will help you get full value from your dividends, but trying to make a quick buck buying and selling around key dividend dates is not worth the risk.

Can you buy ex-dividend? ›

The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

Preference shareholders have priority on payment of dividend over equity shareholders. However, in the case of interim dividend, while preference shareholders need not necessarily be paid dividend before equity shareholders.

The intrinsic value of one FSL stock under the Base Case scenario is 174.31 INR. Compared to the current market price of 203.5 INR, Firstsource Solutions Ltd is Overvalued by 14%.

It is owned by RP-Sanjiv Goenka Group.

Since its inception, OUR SOLUTIONS FSL is a fast growing IT major and is striving to provide quality services to its customers at highly competitive prices.

Board of Directors of Firstsource Solutions Limited at their meeting held on February 7, 2024, inter-alia approved an Interim Dividend for the financial year ending March 31, 2024 @ INR 3.5 per share (35%) on the paid up capital of the Company.

Answer and Explanation: Dividing next year dividend by current stock price will be called a Dividend Yield. Option c. is the right answer. It is a ratio used to measure the return that the investor gets in exchange for taking the risk and investing in the company.

The final dividend is declared at a company's annual general meeting for the year. This amount is calculated after all financial statements are recorded. Retained earnings are a firm's cumulative net earnings or profit after accounting for dividends. They're also referred to as the earnings surplus.

The record date will usually be the trading day following the ex-dividend date, which is the trading date the dividend is no longer owed to new buyers of the stock. To be eligible for the upcoming dividend, you must buy the stock at least two business days before the record date.