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Consumer goods company Dabur India, included in the BSE 100 index, can distribute dividend to its investors. The company has given this information after the market closed on Friday. Actually, the financial year is about to end and the series of quarterly results will start in the next few weeks. Companies can also announce dividends with this. In the last few days, many companies have disclosed plans to give dividends, Dabur has also joined them today.
What information has the company given?
In the information sent to the stock market, the company said that the meeting of the Board of Directors is going to be held on 7 May 2025. The company will announce the quarterly results with this meeting. At the same time, the final dividend will also be considered in the meeting and it can be announced. The company has already announced an interim dividend for the current financial year. With the ex-date of 8 November 2024, the company has distributed a dividend of Rs 2.75 per share. At the same time, earlier with the ex-date of 19 July 2024, the company had given a final dividend of Rs 2.75. In Friday's trading, the company's stock saw a decline and the stock closed at 506, falling more than 1 percent. The stock's highest level of the year is 672 and the lowest level of the year is 480. The stock's return this financial year has been flat. Which other company can distribute dividend? During the session on Friday, Hindalco informed that the company's board meeting is to be held on May 20.
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