Page Industries Ltd(NSE: PAGEIND): Page Industries will trade as an ex-dividend share on the stock market on Friday.
The company will pay a dividend of 300 rupees for each share. This is the first time that the company has paid this kind of dividend on shares.
Let us know in detail about this dividend-giving stock
The Company Is Giving The Biggest Dividend
Page Industries has said in the information given to the stock markets that it will give a dividend of Rs 300 per share.
This company decided to set the record date as 17 August 2024 to pay the interim dividend.
But because tomorrow is a holiday, the company will trade ex-dividend in the stock market today itself.
Let us tell you, such a big dividend has never been given on a share in the history of the company.
Page Industries Limited, a company selling clothes under the Jockey brand, gave dividends for the first time in 2007.
Since then, the company has given dividends almost every year. Since 2020, Page Industries has been giving a dividend of Rs 100 or more per share.
Before today, the company last traded as an ex-dividend stock on 31 May 2024. Then investors were given a dividend of Rs 120 per share.
Let us tell you, so far in 2024, the company has given a dividend of Rs 220 in 2 times.
How Is The Company’s Performance In The Stock Market?
On Friday, the company’s shares closed at Rs 41,095.00 with an increase of more than 1.15 percent in the BSE.
Over the past 6 months shares of the company have dropped by more than 13.08%.
Let us tell you, investors holding Page Industries stock for a year have gained -0.53 percent so far.
The company’s 52-week high on the stock exchanges is 42,922.00 and the 52-week low is 33,070.05. The market capitalization that the business has is 45,340.55.
Disclaimer: This site is only for informational purposes. We do not provide any stoke recommendations or buying advice. We are here to give you the latest news and updates about the share market. We are not responsible for any loss.
