New Delhi: Many companies are trading on ex-dividend in the stock market today. Housing and Urban Development Corporation Limited ( HUDCO ) is also among these companies. Let us tell you that HUDCO is a Navaratna company of the stock market. HUDCO, which is a PSU stock , its shares have given multibagger returns to investors.

Dividend will come in your account today

According to the stock exchange filing, HUDCO is giving final dividend to the shareholders for the financial year 2024. The company said that it is giving a dividend of Rs 2.65 on every share with a face value of Rs 10. Apart from this, the company informed that it will trade on ex-dividend on 13 September 2024 (Friday). The company has fixed the record date of the share as 13 September i.e. today. This means that the shareholders who have shares in their demat account today will get the benefit of dividend.

How much will you earn

The company said that it will give a dividend of Rs 2.65 per share to the shareholders. The company has not yet announced the date of dividend payment. However, let us tell you that the shareholders who have shares in their demat account today will get the benefit of dividend.

The company had said in an exchange filing that the annual meeting of HUDCO will be held on September 25, 2024.

Today, HUDCO shares are trading with a slight decline. At around 11 am, the company's share was trading at Rs 252.95 per share with a decline of 0.43 percent. Talking about the past performance of the share, the company's share has given a return of 54.07 percent in the last 6 months. At the same time, in one year, the company has given a multibagger return of 256.52 percent to the investors.