SKF India Ltd Share Price: Many companies will trade in the stock market as ex-dividend stocks in the first week of next month. SKF India Limited is also included in the list of these companies. The company is giving a dividend of Rs 130 per share. Let’s know on which day the company will trade in the stock market as an ex-dividend stock.
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Which day is the record date in July?
The company has said in the information given to the stock markets that a final dividend of 130 rupees will be given on 1 share. The company has fixed the record date for this dividend as 4 July 2024. That is, on this day, the investors whose names will be in the record book of the company will get the benefit of the dividend.
A long history of paying dividends
The company has paid dividends several times in the past. SKF India Limited last traded on June 28, 2023 as an ex-dividend stock. At that time, the company paid Rs. Dividend of 40 was given. According to data available on BSE, the company distributed dividend at Rs 14.50 per share in 2021 and 2022. Let us tell you that in 2020, the company gave a dividend of 130 rupees on 1 share.
How has the company performed in the stock market?
The share price on Friday closed 0.78 percent higher on BSE at Rs. is 6791.05. The share price of the company has seen an increase of more than 44 percent in the last 6 months. At the same time, investors who have held this stock for one year can earn a profit of 38.90 percent so far.
The company has a 52-week high of Rs.7349 and a 52-week low of Rs.4025. The market cap of this company is Rs 33,573.57 crore.