Published 12:36 IST, January 26th 2024
ICRA pegged the target for dividends, and profits at Rs 1.2 tn for FY25
The robust and more than-budgeted dividends in FY24 were largely driven by higher RBI surplus transfers.
![Smaller companies might have less experienced or capable management teams, while large-cap stocks are more stable, less prone to extreme price fluctuations, and often offer dividends as a source of income for investors.](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/pexels-photo-5562089-169824665609516_9.webp)
The robust and more than-budgeted dividend was largely driven by higher RBI surplus transfer.
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11:36 IST, January 21st 2024