SP Group may raise 'low dividend' issue at Tata Sons AGM | Economic Times

SP Group may raise 'low dividend' issue at Tata Sons AGM https://ift.tt/JYItLvr Tata Group holding company posted a 164% rise in net profit to ₹17,171 crore in the year ended March and announced a dividend cash outflow of ₹404.15 crore, or about 2.4%. Officials close to the SP Group said this is meagre against the industry normal of more than 25% and over 70% at Tata Consultancy Services (TCS).