Suspense Crime Sach Ka Dam
Dividend Stock: Along with releasing the second quarter results, all the companies listed in the stock market are giving dividends to their shareholders. Meanwhile, another company is going to give dividends to its investors. Yes, Veedol, a company that manufactures engine oil and lubricants for vehicles, is going to give a dividend of Rs 20 per share to its shareholders. The company informed the stock market exchanges on November 12 that the Board of Directors has announced a dividend of Rs 20 (1000%) for each share with a face value of Rs 2 for the shareholders.
The company has fixed November 22 as the record date for the dividend
This will be the first interim dividend to be given by the company for the financial year 2024-25. Veedol had said in an exchange filing that the company had fixed the record date for this dividend on Friday, November 22. That is, on November 22, the company’s shares will trade ex-dividend. This means that investors will not get the benefit of dividends on new shares purchased on November 22. Tomorrow i.e. Thursday, November 21 is the last chance to avail the dividend of Rs 20. Investors will get the full benefit of a dividend on the company’s shares purchased tomorrow. The company said that the dividend will be paid to all eligible investors by December 10, 2024.
The share price has fallen by 26.50 percent in the last 3 months.
Let us inform you that on Tuesday the shares of the company closed at Rs 1754.65 with a marginal increase of Rs 3.30 (0.19%). The shares of the company are trading much below their 52-week high. The 52-week high of Veedol shares is Rs 2800.00 and the 52-week low is Rs 1242.60. According to the data of BSE, the shares of the company have been declining for the last 6 months. The share price of the company has declined by 5.09 percent in the last 1 week, 14.15 percent in the last 1 month, and 26.50 percent in the last 3 months.
