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Stock Market: Dividend of Rs 130 on 1 share; but what is the stock price?

Ritul Pandey

By Ritul Pandey

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Everyone knows SKF company. Many companies are trading as ex-dividend stocks in the stock market from 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. Even before this, the company has paid dividend to the investors. This time also the company has announced dividend.

A record date in July

According to the information given by the company to the stock market, the company will give a dividend of Rs 130 per share to the investors. The company has fixed 4 July 2024 as the record date for dividend payment. That is, investors who want to invest in this company can invest till this date. They will get the benefit of dividend.

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A long history of dividend payments

The company has already looted investors. On June 28, 2023, SKF India trended as an ex-dividend stock. At that time, the company had given a dividend of Rs 40 per share. According to data available on BSE, the company had given a dividend of Rs 14.50 per share in 2021 and 2022. In 2020, the company gave a dividend of Rs 130 per share.

Strong performance in the stock market

On Friday, the stock rose 0.78 per cent on the BSE. The stock closed at Rs 6791.05 on Friday. In the last 6 months, the company’s share price has seen a jump of more than 44 per cent. Investors who hold this stock for a year can gain 38.90 per cent so far. The company’s last 52-week high is Rs 7349 and its 52-week low is Rs 4025. The market cap of this company is Rs 33,573.57 crore.

Note: This is only an accounting of the stock. Here is the performance of the stock. You should consult a certified investment advisor before investing. TV9 Marathi will not be liable to you for any such profit or loss. Be careful while investing in penny stocks. Check the fundamentals of the company. Do not fall into any misconceptions.

Ritul Pandey

Ritul Pandey

I am Ritul Pandey, a content creator focused on delivering entertaining and engaging news from the worlds of entertainment and sports

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