Industrial & Prudential Dividend 2024: Industrial & Prudential Investment Company Limited announced a 900 per cent dividend payment on each stock for the financial year 2023-24. A dividend is a company’s reward to its investors for their investment in the business. It is usually paid in cash from earnings.
Industrial & Prudential Investment Company Limited Share Price
Shares of Industrial & Prudential Investment Company Limited closed in red on Friday at Rs 6461.95 apiece, down by 2.35 per cent. The stock opened in green at Rs 6670 against the previous closure of Rs 6617.55. According to BSE, the investment company has a total market cap of Rs 1082.92 crore.
Industrial & Prudential Dividend 2024 Amount
A dividend is always calculated and paid on the face value of each stock. Accordingly, a 900 per cent dividend payment translates into Rs 90 per equity share with a face value of Rs 10 each.
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Industrial & Prudential Investment Dividend 2024 Ex-Date
Industrial & Prudential Investment Company Limited has set September 12 as the ex-date for the final dividend.
Industrial & Prudential Investment Dividend 2024 Record Date
Industrial & Prudential Investment Company Limited has fixed September 12 as the record date for the final dividend of the fiscal year 2023-24.
Industrial & Prudential Investment Dividend 2024 Payment Date
Industrial & Prudential Investment Company Limited will pay the dividend to its shareholders (if approved at the AGM) on or after September 29, 2024.
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Industrial & Prudential Investment Company Limited Share Price History
According to BSE analytics (as of September 7), shares of Industrial & Prudential Investment Company Limited gave a positive return of 5.74 per cent and 29.43 per cent in the last 1 month and 3 months, respectively. On a YTD basis, shares of the company rose by 48.02 per cent. In the past 1 year, 2 years, 3 years, 5 years and 10 years, shares of the company climbed by 96.35 per cent, 256.82 per cent, 304.10 per cent, 638.47 per cent, and 863.03 per cent, respectively.
Industrial & Prudential Investment Dividend History
Last year, Industrial & Prudential Investment Paid a dividend of Rs 60 in August. Similarly in 2022, the company announced a dividend of Rs 50 in July. In 2020 and 2021, the company declared dividends of Rs 25 each.
Industrial & Prudential Investment Bonus History
Industrial & Prudential Investment Company Limited issued a bonus in the ratio of 2:1 with an ex-date on July 19, 2016.
Industrial & Prudential Investment Dividend Yield
At the current market price, the company has a dividend yield of 1.39 per cent.
(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.)
