New Delhi: In the stock market, investors benefit from dividends along with returns. According to market experts, dividends provide double benefit. In such a situation, the focus of market investors always remains on dividend stocks. Even today, a music company listed in the market is giving dividends. Yes, we are talking about Tips Industries.

Tips Industries had recently announced that it will give investors the gift of dividend. If you also have shares of Tips Industries, then you should know when and how much dividend amount will come to your account.

How much dividend are you getting (Tips Music Dividend)

Tips Industries is giving the second interim dividend of the current financial year. The company said that it is giving a dividend of Rs 2 per share to its investors on shares with a face value of Rs 1. The company had said in the stock exchange finalization that the record date for the dividend has been fixed as October 24, 2024 (Thursday) i.e. today. This means that the shareholders who have Tips Industries shares in their demat account will get the benefit of dividend today.

When will the dividend amount come (Tips Music Dividend Payment Date)

Even though the company's shares will trade on ex-dividend today, the dividend amount will not come into the shareholders' accounts today. Yes, according to the information available on the stock exchange filing, the company will transfer the dividend to the shareholders' accounts on or before 12 November 2024.

When did Tips Industries give dividend (Tips Music Dividend History)

According to the information available on the official website of Bombay Stock Exchange, the company is giving its third dividend of the year. Earlier, the company had given a dividend of Rs 2 in August 2024. At the same time, a dividend of Rs 3 was given in February 2024. Apart from this, a dividend of Rs 2 per share was received in the shareholders' account in October 2023 and Rs 0.5 per share in August 2023.

Tips Music Share Price

In Wednesday's session, the company's shares closed at Rs 75.55 per share. Since this morning, the company's shares are trading with gains. At 9.25 am, Tips Industries shares rose nearly 1 percent to reach Rs 788.85 per share.

If we talk about the performance of the company's shares, then the company's shares have given a return of 128 percent in the last one year. This means that it is a multibagger stock.