The company this week on record date, 1 share at Rs. 130 as dividend

Dividend Stock: Several major companies will trade on the stock market as ex-dividend stocks this week. SKF India Limited Rs. will give a dividend of more than 100. The company has paid dividends several times in the past. Let’s know about this stock in detail –

The company will pay a dividend of Rs 130 per share

In the information given to the stock markets, the company has said that a dividend of Rs 130 per share will be given. The company has fixed the record date for this dividend as 4 July 2004. That is, on this day, only those investors whose name is on the company’s record date will get the benefit of the dividend.

The company paid dividend for the first time in 2001

SKF India paid dividend for the first time in 2001. The company gave a dividend of Rs 15 per share. In 2023, the company paid a dividend of Rs 40 per share. The company has gifted dividends to investors 18 times.

How is the company performing in the stock market?

The share price of the company has seen an increase of more than 40 percent in the last one month. At the same time, investors who have held the stock for a year have seen a year-to-date profit of 29.5 percent. Let us tell you that the company’s share closed at 6462.80 rupees with a decrease of 0.99 percent on Friday. 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 31,950.77 crore.

The promoters’ total stake in the company is more than 52 percent. While public has 11.65 percent share.

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