Fortis Malar Hospitals Ltd Dividend History

Fortis Malar Hospitals Ltd declared a dividend of ₹2.50 per share on 17 May 2024, with a record date of 24 Jul 2024.

To receive the Fortis Malar Hospitals Ltd dividend, you must hold 523696 shares before the ex-date of 24 Jul 2024. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.

Fortis Malar Hospitals Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.

Fortis Malar Hospitals Ltd's current dividend yield is 0.00%. This is relatively low — Fortis Malar Hospitals Ltd is primarily a capital appreciation stock rather than a high-dividend one.

Dividends from Fortis Malar Hospitals Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Fortis Malar Hospitals Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.