
ABB India, a company listed on BSE 200, has announced the ex-date of dividend today. The company had announced the final dividend last month. The news of the record date came after the market closed. In such a situation, the effect of the news will be seen on the stock in the next session. Apart from this, there is also a board meeting of a government company next week in which the dividend will be considered.
What did the company announce?
The company announced that if approved in the 75th AGM, 3 May 2025 will be the record date for payment of dividend. Earlier, in a letter sent to the stock market on February 17, the company had informed that the board has announced a final dividend of Rs 33.5 per share. Which will be approved in the AGM. The company has also given an interim dividend of more than Rs 10 this financial year. Which other company can distribute dividend? Government company Mishra Dhatu Nigam Limited can distribute dividend next week. The company informed on Wednesday that its board of directors meeting is to be held on Thursday, March 20, 2025. In this meeting, the board will consider the interim dividend for the current financial year and can announce it. The company said that the record date for dividend will be March 20, 2025. The company had earlier given a dividend of Rs 1.41 with an ex-date of March 22, 2024. At the same time, a final dividend of Rs 1.67 was given on 22 September 2023.