Dividend Announcement: Vtm | 10 January 2025

What Are Dividends?

A dividend is a portion of a company’s earnings that is distributed to its shareholders. Typically, these payments are made from the company’s profits, though they may also come from retained earnings or reserves. The decision to pay dividends is made by the company’s board of directors, and the amount and frequency are determined based on the company’s financial health and business strategy.
Dividends can be paid in various forms, but the most common is cash. Some companies may opt to issue stock dividends, where shareholders receive additional shares instead of cash. While dividends are most often associated with large, established companies, some growth-oriented companies may choose not to pay dividends, instead reinvesting their profits into expanding their business.

Company	Dividend Type	Percent	Effective From
Vtm	Interim	25.00	January 10 2025

Vtm

Vtm which is a leading company in Textiles has announced Interim for financial year 2025-2024 effective from January 10 2025 The payout, based on the company’s strong performance this year, rewards shareholders with zero times the face value of each share. This move highlights the company’s financial strength and its commitment to providing value to investors.