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About 1 results for "fy08"

Rs 156,000 crore: Shareholders earned this last year
Rediff.com

Rs 156,000 crore: Shareholders earned this last year

Wonder why corporate India is showering dividends on shareholders?Krishna Kant and Ashley Coutinho find out.<br Corporate India is using higher dividends to reward shareholders, even as earnings growth remains elusive. The dividend payout ratio for the country's top listed companies reached an all-time high of 40.5 per cent in FY16, from the low of 20 per cent in FY08. In all, shareholders earned Rs 1.56 lakh crore as equity dividend in FY16 -- nearly double the Rs 89,000 crore dividend ... Rediff.com, 2 days ago

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