Dividend Stock: List companies in the stock market are making their financial results. Companies are also giving dividend to shareholders based on their profits. Meanwhile, a well-known company is going to give a bumper dividend of Rs 200 on each share to its shareholders. Yes, innerwear, loungewear company Page Industries is going to give a huge dividend of Rs 200 to each share of Rs 10 face value to its investors. Let us tell you that the record date for payment of this dividend is also very close.
The company’s shares will trade ex-weddingndo on 21 May
This financial year 2024-25, provided by Page Industries, which makes innerwear from the jockey brand, will be the fourth interim dividend. The company had stated in an exchange filing that a record date has been fixed on Wednesday, 21 May for this interim dividend of Rs 200. The company’s shares will trade ex-dividand on May 21 and will not get the benefit of dividend on the new shares to be purchased on May 21. This simply means that if an investor has to take advantage of the dividend, then he has a chance to buy shares only on Tuesday, 20 May.
Page industries shares closed in green mark on Monday
According to the exchange filing of Page Industries, the eligible investors will be paid the dividend money on 13 June or before. Let us tell you that dividend money is paid directly to their bank account to shareholders. Today, the company’s shares rose by Rs 131.20 (0.27%) on BSE at a price of Rs 47,980.00. The company’s shares have 52 weeks high 49,933.15 rupees and 52 weeks are 34,570.10 rupees. The current market cap of Page Industries is Rs 53,516.29 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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