Investors will get a bumper dividend of Rs 100 on every share
Dividend Stock: All companies are releasing their financial results in the stock market. With the release of the results, companies are also dividing a part of their profits among their investors as a dividend. In this connection, another company has announced dividend for shareholders along with releasing its financial results. Disa India released the results of the third quarter on Wednesday, 5 February. The company had said in an exchange filing yesterday that the board has also approved dividend for shareholders.
Investors will get a bumper dividend of Rs 100 on every share
DISA India said in an exchange filing of February 5 that the company’s board of directors have approved an interim dividend of Rs 100 (1000 percent) on each stock with a face value of Rs 10 for the financial year 2024-25. The company told the stock market exchanges that a record date and payment date has also been fixed for this dividend given to the shareholders. The company has fixed a record date on 11 February for payment of dividend. That is, the company shares will trade X-Dividend on Tuesday next week.
Shares closed with a good lead despite the market fall on Wednesday
The company said that the money of the dividend will be transferred to the bank account of all eligible investors in the bank account. Let us tell you that on Wednesday, the company’s shares closed with a good lead. The company’s shares rose by Rs 206.95 (1.36%) on BSE yesterday at a price of Rs 15,412.90. The company’s shares have 52 weeks high of Rs 20,900.00 and 52 week is Rs 13,238.00. According to BSE data, the company’s current market cap is Rs 2241.35 crore. Let us tell you that it is an engineering company that works in different sectors.
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