Dividend Stock: List companies in the stock market are paying the dividend declared to their shareholders for FY 2024-25. In this connection, another company is going to give dividend to its shareholders. Honda India Power Products, a subsidiary company of Japanese automobile company Honda Motor, is going to give a dividend of Rs 100 on each share to its investors. The record date for this dividend of 100 rupees has come very close. In such a situation, investors will have to consider this golden opportunity as soon as possible.
The company shares will trade ex -dividend on August 21
Honda India Power Products had announced an interim dividend of Rs 100 (1000 percent) on each share with a face value of Rs 10 to its shareholders for FY 2024-25. After which the company had recently announced a record date. Shares of Honda India Power Products will trade X dividend on Thursday, August 21. This means that the new stocks purchased on Thursday will not get the benefit of dividend, if an investor has to take advantage of this dividend of Honda India Power Products, then he will have to buy shares before Thursday i.e. before Thursday.
The company’s shares are being seen in the shares on Monday
After the new shares purchased on August 20, you will get the benefit of dividend only on the company’s shares in your demat account. Let us tell you that by 2.22 pm on Monday, August 18, Honda India Power Products Company’s shares were trading on BSE at a price of Rs 119.10 (4.16%) at a price of Rs 2985.30 with a rage of Rs 119.10 (4.16%). According to BSE data, 52 weeks of the company’s shares are Rs 4494.00 and 52 weeks are Rs 1827.20. The current market cap of this company is Rs 3027.09 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.
Latest business news
