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Explanation: Dividend per share (DPS) is the total dividend payment made by a company divided by the total number of outstanding shares. It represents the amount of dividend income that each shareholder receives for each share they own. DPS is an important financial metric used by investors to assess the dividend-paying ability of a company and its willingness to distribute profits to shareholders.
Example: TCS had a dividend per share of 115 rupees as of FY23. This means that for each share of TCS stock owned by an investor, they received a dividend payment of 115 rupees during the fiscal year. Dividend per share is a key indicator of a company’s dividend policy and its commitment to returning value to shareholders through regular dividend payments. Investors often use DPS to evaluate the income potential of a stock and make investment decisions based on its dividend yield and growth prospects.
You can view the Dividend/ Share value for any company on Radar under Per Share Ratios in the Ratios section.