Taj GVK Rolls Out the Red Carpet: ₹2 Dividend for Shareholders!

Taj GVK Hotels & Resorts Limited announced a proposed dividend of ₹2 per equity share, commensurate with the company's excellent financial condition and dedication to returning value to its shareholders. The announcement was made as the hospitality giant continues to exhibit excellent growth and profitability within the Indian hotel industry.

 

Taj GVK Hotels & Resorts, a joint venture between Indian Hotels Company Limited (IHCL) and the GVK Group, manages luxury resorts and hotels under the brand name "Taj". The company has been consistently reporting robust financial performance and has a history of rewarding its investors with regular dividends.

 

Dividend Announcement

Performance in the Past

Market Position

Recent Developments

Krishna Murthy was recently elected as an additional director, indicating further consolidation of the company's management team.

 

Shareholder Sentiment

Sentiment among communities is divided, with 25% of the respondents advising a "Buy" and 63.46% advising "Sell," reflecting some difference in market perspective.

 

Dividend History

Taj GVK Hotels has a history of consistent payment of dividends, where dividends paid in the past varied between ₹0.60 to ₹3.20 per share in the past decade.

 

Sources: Sharekhan, Moneycontrol, Economic Times, Screener