Dividend Share: Page Industries has announced a dividend of Rs 300 on a share. The company has also announced a record date for this dividend. Which next week
Dividend Stock: Page Industries Ltd, a company that sells clothes under the Jockey brand name, has announced a dividend. The company is paying a dividend of Rs 300 per share. Page Industries has also set a record date for this dividend, which is next week. Let’s know in details about this dividend paying stock –
The record date is before August 20.
The company announced the first dividend for the financial year 2024-25 on Thursday, 8 August 2024. In the information given by the company, it has been said that a dividend of Rs 300 will be given on one share. For this dividend, the company has set the record date of 17 August 2024. Since August 17 is Saturday, the company will trade as an ex-dividend stock on the stock markets on August 16. The dividend will be paid to eligible investors on or before September 6 by Page Industries.
The company has distributed dividends twice this year
Page Industries has a long history of distributing dividends. For the first time, the company paid a dividend of Rs 6 per share in 2007. So far in this calendar year i.e. 2024, the company has paid dividends 2 times. The company first traded ex-dividend on February 16. Then there was a dividend of Rs 100 on one share. At the same time, the second time was ex-dividend trade on 31 May. The company was then paid a dividend of Rs 120 per share.
How is the performance of the stock markets?
Shares of the company closed 1.53 per cent higher at Rs 40,155.30 on the BSE on Friday. The company’s 52-week high is Rs 42,902.10. At the same time, the 52-week low level is Rs 33,100. The company’s market cap is Rs 44,788.72 crore.
The company’s performance in the stock market has not been good during the last one year. During this period, the company has given only 3 percent returns to investors.