Company is giving dividend of Rs 130 on 1 share, record date in first week of July


SKF India Ltd Share Price: In the first week of next month, many companies will trade in the stock markets as ex-dividend stocks. SKF India Limited is also in the list of these companies. The company is giving a dividend of Rs 130 on one share. Let us know on which day the company will trade in the stock market as an ex-dividend stock.

What day is record date in July?

The company has said in the information given to the stock markets that a final dividend of Rs 130 will be given on 1 share. The company has fixed the record date for this dividend as 4th July 2024. That means, on this day, investors whose names will be in the record book of the company will get the benefit of dividend.

Company is distributing bonus shares for the third time, 1 share for 1 free, record date after 10 days

Long history of paying dividends

The company has paid dividends several times before. SKF India Limited last traded as an ex-dividend stock on June 28, 2023. Then the company had given a dividend of Rs 40 per share. According to the data available on BSE, in 2021 and 2022 the company had distributed dividend at Rs 14.50 per share. Let us tell you, in 2020 the company had given a dividend of Rs 130 on 1 share.

How has the company performed in the stock market?

The stock price on Friday is Rs 6791.05 with a rise of 0.78 percent at market closing time on BSE. During the last 6 months, the company’s share prices have seen a rise of more than 44 percent. At the same time, investors who have been holding this stock for one year can get a profit of 38.90 percent so far.

The 52 week high level of the company is Rs 7349 and 52 week low level is Rs 4025. The market cap of this company is Rs 33,573.57 crore.

(This is not investment advice. The stock market is subject to risks. Consult experts before making any investment.)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *