This company will give a dividend of Rs 265 on 1 stock, record date close, money will come these days – Cross Talk India
Dividend Stock: List companies are releasing their financial results in the Indian stock market. Many companies releasing financial results are also announcing dividends for their investors. Meanwhile, a company has recently announced a dividend for its shareholders. This company is going to give bumper dividend to its investors, not a minor dividend. This company will give a dividend of Rs 265 to its investors on each stock. Yes, Oracle Financial Service Software Limited is going to give a dividend of Rs 265 to its shareholders with a face value of Rs 5.
Company fixed record date for dividend on 8 May
Oracle Financial Service Software has informed this in the information given to BSE and NSE. The company said that the payment of an interim dividend of Rs 265 for the financial year 2024-25 was approved in the board meeting held on April 25. The company has fixed a record date on 8 May for this interim dividend given to shareholders. Let us tell you that the new stocks purchased on May 8 will not get the benefit of dividend. The company shares in investors will be given dividend on the same shares of the company by May 7.
When will the dividend money come to the bank account of investors
The company said in an exchange filing that the shareholders who will have shares on the record date on May 8 will be transferred to the dividend money on or before Saturday 17 May. Let us tell you that the shares of Oracle Financial Service Software fell on BSE by Rs 153.10 (1.75 percent) on Friday at Rs 8607.65 at a price of Rs 8607.65. According to BSE data, the company’s shares have 52 weeks high 13,203.60 and 52 weeks are Rs 7052.25. The company’s current market cap is Rs 74,768.72 crore.
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