Dividend’s money will come to the account by 21 February
Dividend Stock: The Indian stock market started trading in red mark today. However, shopping in the market soon increased, due to which it got into the green mark. By the time the news was written, there was a lot of ups and downs in the market, but it was trading in the green mark with a slight edge. Meanwhile, there is also a company whose shares are seeing stormy boom. Yes, MPS Limited shares were trading at Rs 2469.20 with a bumper gain of 12.89 percent (Rs 281.85) around 11.30 am today.
The company will give a dividend of Rs 33 on every share
Actually, the company announced a strong dividend for its shareholders on Thursday, yesterday i.e. on Thursday. After which, as soon as the business started today, investors broke down to buy shares of the company. The company had stated in an exchange filing on January 23 that the board has announced a dividend of Rs 33 on each share with a face value of Rs 10 for shareholders. Let us tell you that this will be the first interim dividend for the current financial year 2024-25 given to the shareholders. The company has also announced a record date and payment date for the payment of this dividend.
Dividend’s money will come to the account by 21 February
MPS Limited said in the exchange filing that the company has finalized a record date for payment of this dividend of Rs 33 on January 29. Dividend money will be transferred to the bank account of all eligible shareholders by 21 February. Let us tell you that on Thursday, the company’s shares opened at the price of Rs 2187.35 and today it opened up at Rs 2209.95. During the trading on Friday, the company’s shares had reached Intrade High of Rs 2513.40, which also became its new 52 week high.
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