Dividend Stock: DB Corp has announced the results of the second quarter of the current financial year. Giving information in the exchange filing, the company said that its profits have declined. The company's profit has come down from Rs 100 crore to Rs 82.5 crore on an annual basis.
Talking about the company's earnings, there has been a decline in that too. The company's earnings have come down from Rs 586 crore to Rs 560 crore on an annual basis. Announcement of dividend Along with the announcement of results, the company has also decided to give dividend. The company has decided to give a dividend of Rs 5 per share. The company has a history of giving dividends. So far, the company has announced to give dividend to investors 16 times. Earlier, the company had announced a dividend of Rs 7 per share on 29 July 2024, Rs 8 per share on 03 June 2024 and Rs 2 per share on 07 November 2023 last year. Stock performance Today on Tuesday, the stock closed with a decline. Today the stock registered a decline of 23.20 points. After a decline of 6.85 percent, the stock settled at 315.50. Talking about the company's stock performance, from January to October, the stock has given a return of 19.17 percent. In 1 year, the company's stock has given a return of 9.07 percent. During 3 years, the company's stock has given a return of 230.27 percent.
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