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New Delhi: Companies listed in the stock market give dividends to their investors as a reward. This dividend can be in the form of stock, cash or any other form. The day on which the dividend will come in the shareholders' account and which shareholders will get the benefit of the dividend is decided by the company. Actually, the company fixes a record date. On this record date, only those shareholders who have shares in their Demat Account get the benefit of dividend.
Even today Kirloskar Industries is giving dividend to its investors. Yes, the company has fixed the record date as 18 September 2024. Apart from this, the company's shares will trade Ex-Dividend today.
How much dividend will be received (Kirloskar Industries Dividend 2024)
According to the stock exchange filing, Kirloskar Industries is giving a dividend of 130 percent to the shareholders. Yes, the company has announced a dividend of Rs 13 per share with a face value of Rs 10.
According to the update received from Bombay Stock Exchange (BSE), Kirloskar Industries has kept the book closure date from September 9 to September 25, 2024.
According to the information received from BSE, the company has kept the book closure date from 19 September to 25 September 2024. Usually the record date for dividend is one day before book closure. According to this, 18 September i.e. today is the record date.
How is the stock movement (Kirloskar Industries Share Price)
Talking about the stock of Kirloskar Industries, the stock of the company fell by 2.11 percent in Tuesday's session and closed at Rs 5392.20 per share. Talking about the performance of the stock, the company has given a positive return of 59.40 percent in the last 1 year. Whereas in the last six months, the stock of the company has seen a rise of 32.96 percent.
When has the dividend been given (Kirloskar Industries Dividend History)
According to the information received from the stock exchange, the company had given a dividend of Rs 11 in the year 2023. Apart from this, Kirloskar Industries also gave a dividend of Rs 10 per share in the years 2020, 2021 and 2022.
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