This company will give a bumper dividend of Rs 210 on 1 stock, know record date and payment date
Dividend Stock: The fourth quarter of the financial year 2024-25 ended 2 months, but the results of list companies in the stock market continue. In this series, the country’s legendary automobile company Bajaj Auto has also released its financial results. Bajaj Auto said that his net profit gained 5.9 percent to Rs 2049.3 crore in the fourth quarter of FY 2024-25. Let us tell you that the company had a profit of Rs 1936 crore in the fourth quarter of FY 2023-24.
When will dividend money will come to the account
Bajaj Auto reported in an exchange filing of May 29 that his revenue increased by 5.8 percent to Rs 12,148 crore in the March quarter, which was Rs 11,485 crore in the fourth quarter of the previous financial year. The company said that the board has approved a dividend of Rs 210 on each stock with a face value of Rs 10 for shareholders. However, the final decision on the payment of dividend will be taken in the company’s AGM. If the payment of dividend in the AGM is approved, then the dividend money will be transferred to the bank account of the shareholders on or around August 8.
What is the price of Bajaj Auto share
The automobile company said in a separate filing that Bajaj Auto has fixed a record date on Friday, June 20 for this dividend of Rs 210. Let us tell you that on Friday, Bajaj Auto shares closed on BSE by Rs 264.60 (2.98%) at a price of Rs 8608.70. Today, during the trading, the company’s shares reached Intrade High of Rs 8868.10 to Intrade Low of Rs 8584.80. Bajaj Auto shares have 52 weeks high 12,772.15 rupees and 52 weeks are Rs 7088.25. According to BSE, the company’s current market cap is Rs 2,40,404.50 crore.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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