RS 117 DIVIDEND PER SHARE; RECORD DATE IN 2 DAYS

Sanofi India Dividend Stock 2024: Sanofi India Limited, the country’s leading pharmaceutical company has announced a whopping 1170 per cent dividend payment on each stock for the fiscal year ended December 31, 2023. A dividend is a company's reward to its investors for their investment in the business. It is paid in cash from earnings.

Sanofi India Share Price

Stocks of Sanofi India Limited climbed by less than 1 per cent on April 30. Shares of the Nifty Pharma company closed at Rs 8328 apiece, up by Rs 50.50 points or 0.61 per cent on NSE. The scrip recorded a high of Rs 8419.95 and low of Rs 8283.70. More than 14 thousand equity shares changed hands during the day.

Sanofi India Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 1170 per cent dividend translates into Rs 117 per equity share of the face value of Rs 10 each.

“Recommended a final dividend of Rs 117/- per equity share of the face value of ,10 each for the Financial Year ended 31st December 2023, subject to the approval of Shareholders at the ensuing 68th Annual General Meeting,” the company said in an exchange filing.

Sanofi India Dividend 2024 Ex-Date

The company has set May 3 as the ex-date for the final dividend.

Sanofi India Dividend 2024 Record Date

Sanofi India Limited has May 3 as the record date for determining the eligibility of shareholders' participation in the next dividend or corporate action.

“…members whose names are on the Company's Register of Members on Friday, 3rd May 2024,” the company said in a regulatory filing.

Sanofi India Dividend 2024 Payment Date

The payment of Dividend will be made on or after May 24, 2024.

Sanofi India Share Price History

Sanofi India Limited is a constituent of the S&P BSE 500. According to BSE analytics (as of May 1), shares of Sanofi India Limited rose by 2.22 per cent in the last 1 week. On a YTD basis, the shares gained 2.36 per cent. In the past 1 year, 2 years, 3 years, 5 years and 10 years, shares of the company climbed by 49.38 per cent, 19.29 per cent, 10.26 per cent, 47.76 per cent, and 180.54 per cent, respectively.

Sanofi India Dividend History

This year, Sanofi India Limited paid a dividend of Rs 50 in March. Last year, the pharma company paid dividend on two occasions – Rs 183 and Rs 194 in April. In 2022, the company announced a dividend of Rs 193 with an ex-date on August 5.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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2024-05-01T08:36:18Z dg43tfdfdgfd