RS 28 DIVIDEND SHARE: STOCK TRADES EX-DATE TODAY; ARE YOU ELIGIBLE?

Crisil Dividend 2024 Ex-Date: Crisil is a financial services company and has announced that it will pay a 280 per cent dividend to its shareholders. Crisil’s stock will trade ex-dividend on March 28. A dividend is a reward that a company pays to its investors for their investment in the business. It is paid in cash from earnings.

A dividend is always calculated and paid on the face value of each stock. The current face value of Crisil shares is Re 1. Accordingly, the 280 per cent dividend translates into Rs 28 per share. The company’s stock closed in the green after trading at Rs 4,995.05 apiece, up by 1.07 per cent, at the current market price, the dividend yield of the stock is 1.08 per cent.

“...The Board of Directors has also recommended final dividend of Rs. 28, per equity share of face value of Re 1 each, for the financial year ended December 31, 2023, subject to the approval of the shareholders at the ensuing Annual General Meeting,” the company said.

Crisil Dividend 2024 Ex-Date

Crisil has also set the book closure date for determining the eligibility of shareholders participation in the next dividend or upcoming corporate action. The company’s shares will turn ex-date today on March 28. The book closure date is between April 1 and April 2, as per BSE website.

Crisil Share Price History

According to BSE analytics, as on March 28, Crisil shares have gained 17.05 per cent on a YTD basis and have gained 16.98 per cent in three months. The stock has given solid returns of 27.92 per cent in just six months. Crisil shares have paced 60.63 per cent in one year. Crisil shares have a 52-week range of Rs 5,264.80 - Rs 3,068.05 on BSE. The company has a market cap of Rs 36,618.08 crore as on March 28, as per BSE website.

Crisil Dividend History

The company has paid a dividend consistently for the past five years. In 2023, the company paid a dividend on four occasions – once of Rs 11 in November, once of Rs 8 in August, once of Rs 7 in May and once of Rs 23 in March. In 2022, the company paid a dividend on five occasions, once of Rs 10 in November, of Rs 8 in August, once of Rs 7 in May and twice in March of Rs 15 and Rs 7.

(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.)

2024-03-28T04:47:40Z dg43tfdfdgfd