Top 10 Dividend-Paying Companies Earn up to ₹35 Per Share
Top 10 Dividend-Paying Companies: Earning Up to ₹35 Per Share in Dividends, Where Should Your Money Go?
All 10 companies have announced their final dividend for the financial year 2024.
For those who invest in the stock market, there is good news. On May 17th, 10 companies announced their dividends. These companies include Rail Vikas Nigam Limited, JSW Steel, and Entertainment among others. All 10 companies have declared their final dividend for the financial year 2024. The amount of the dividend is up to Rs. 35 per share. Let’s find out which company has decided to give how much final dividend.
The board of Rail Vikas Nigam Ltd (RVNL) has recommended a final dividend of 2.11 rupees per equity share.
The approval of members will be sought in the annual general meeting.
1:- Balkrishna Industries: The company’s board has recommended a final dividend of 4 rupees per share with a face value of 2 rupees. This will be approved by the members in the annual general meeting scheduled for July 19th.
2:- Zee Entertainment Enterprises Ltd (ZEEL): At its annual general meeting, the board of directors of the company has proposed a final dividend of ₹1 per share with a face value of ₹1. The approval of the members will be sought for this proposal.
The board of directors of Bharat Bijlee has announced a final dividend of Rs. 35 per share with a face value of Rs. 5. Shareholders’ approval taken at the company’s 77th annual general meeting. If the approval is obtained, the dividend will be paid within 30 days from the date of the meeting.
The board of Zydus Lifesciences has recommended a final dividend of 3 rupees per share with a face value of 1 rupee. This proposal approved by the members at the company’s 29th annual general meeting. The meeting will take place on August 9th.
The board of JSW Steel has decided to give a final dividend of 7.30 rupees per share with a face value of 1 rupee. This decision approved by the members in the company’s 30th annual general meeting.
The board of Vinati Organics has proposed a final dividend of 7 rupees per share with a face value of 1 rupee.
This subject to the approval of shareholders at the annual general meeting and paid within 30 days.
3:- Bandhan Bank: The board of directors of Bandhan Bank has approved a final dividend of Rs. 1.50 per share with a face value of Rs. 10. This payment made after obtaining approval from shareholders at the annual general meeting.
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According to the recommendation of the board, Dhanuka Agritech will pay a final dividend of 6 rupees per share with a face value of 2 rupees. The shareholders’ approval obtained at the 39th Annual General Meeting on August 2nd, and the payment made by August 31st. The record date for this dividend is July 19th, 2024.
The Board of Tourism Finance Corporation of India Ltd has declared a final dividend of 2.50 rupees per share with a face value of 10 rupees. The approval of the shareholders obtained during the company’s annual general meeting.
With the rise of technology, the world has become more interconnected and globalized than ever before. This has led to the development of new industries, opportunities, and ways of communication.
The advancement of technology has resulted in a more interconnected and globalized society. As a result, new industries, opportunities, and forms of communication have emerged.
