Q4 Dividend News: Dividend announced in quarterly results - this stock rose more than 14%

Q4 Dividend News: GNA AXLES has announced the results for the fourth quarter of the last financial year. The company has given information about profits and earnings in the filing. Along with the results, the company has announced dividend for investors. The board has recommended a dividend of ₹3 per equity share for the financial year 2024-25. This dividend will be payable on fully paid equity shares. It will be distributed within the stipulated time frame after the approval of the shareholders in the upcoming annual general meeting. The company has announced dividend 6 times so far. The company first announced a dividend of Rs 2 per share in 2018. After that, a dividend of Rs 2.70 was given on 14 August 2019, a special dividend of Rs 2.50 on 09 September 2021, a dividend of Rs 2 on 09 September 2021, and a dividend of Rs 5 per share on 12 September 2022. The company has given a return of 28 percent in the last one week, 16 percent in 1 month and 35.20 percent in 3 years. The company's stock has seen a tremendous rise today. At 3:15 pm, GNA Axles Ltd's stock was trading with a gain of 14 percent. The company's stock has seen a rise of more than 45 points today. GNA AXLES is engaged in the manufacturing business of auto components for the four-wheeler industry. The company primarily manufactures rear axles, shafts, spindles and other automobile components for sale in the domestic and overseas markets.

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