Specialty chemicals sector company Jubilant Ingrevia may announce dividend to its investors this month. The company has given this information after the market closed on Friday. The company's stock has been witnessing a sharp decline for the last few days. Despite this decline, the stock has given a return of 50 percent in the last one year. The stock closed with a slight increase even amid the decline in the market on Friday.

What information has the company given?

After the market closed on Friday, January 17, the company sent information to the stock market saying that its board meeting is going to be held on January 28, 2025. In this meeting, the board will announce the results of the December quarter, while the proposal for interim dividend can also be considered in the meeting. In the last one year, the company has distributed dividends to its investors twice. An interim dividend of Rs 2.5 was given with a record date of February 9, 2024. After this, the same amount of dividend was given to the investors as final dividend, for which the ex-date was August 2, 2024. How was the performance of the stock? On Friday, amid the decline in the stock market, the stock closed at 712 with a gain of 0.14 percent. The stock has been witnessing a sharp decline for the last few days. On January 3, the stock closed at 859. That is, during this period the stock has slipped by about 21 percent. However, even after this decline, the stock's return in the last one year has been 50 percent. The stock had recorded its highest level of 885 in one year only last month, while the lowest level of the year was recorded on 5 February 2024, which was 422.