Dividend Stock: In the stock market, many companies will decide on ex-dividend stock in the next week. Abbott India (NSE: ABBOTINDIA) is one of them.
The company has decided to give a dividend of Rs 410 per share. Let’s know in detail about this company –
The Company Is Giving A Dividend Of Rs 410 Per Share
The firm has stated in the announcement made to stock exchanges that it is paying a dividend of Rs. 410 per share.
It has decided to set the 19th of July as the official date for the dividend. This means that only investors whose names are recorded in the journal of this date are entitled to the dividend.
The Company Has Given Dividends Twice In 2023
The company had given dividends sometime in 2023. Then the company gave a special dividend of Rs 145. The company paid an unofficial dividend of 180 rupees per share.
The company will trade as an ex-dividend stock on July 21. Abbott India first gave dividends in 2001. The company has been giving dividends continuously since 2008.
What Is The Performance Of The Company On The Market For Stocks?
On Friday, shares of the company traded at 27,481.60 up 1.23 percent. In the last year, shares of the company’s price have seen an increase in the amount of 16.60 percent.
At the same time, investors holding the stock for 6 months have got a profit of 6.7 percent so far. However, this stock has fallen by 0.3 percent in the last month.
Let us tell you, the company’s 52-week high is Rs 29,628.15. The company’s 52-week low level is Rs 21,907.45. The company’s market cap is Rs 58,396.48.
Let us tell you, the company has not given bonus shares even once till now.
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