SHARE PRICE RS 22 AND DIVIDEND RS 50; EX-DATE, RECORD DATE TODAY

Southern Gas Dividend 2024: Shares of Southern Gas Limited will be in focus today on account of its next corporate action today. The company announced a 50 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.

Southern Gas Share Price

Shares of Southern Gas Limited climbed by 5 per cent on Monday (September 17) and closed at Rs 22.68 apiece.

Southern Gas Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 50 per cent dividend payment translates into Rs 50 per equity share with a face value of Rs 100 each.

Southern Gas Dividend 2024 Ex-Date

Southern Gas Limited has set September 17 as the ex-date for the final dividend of the financial year 2023-24.

Southern Gas Dividend 2024 Record Date

Southern Gas Limited will observe a book closure date from September 18 to 24, 2024. Thus, the record date for the next corporate action is September 17 i.e. today.

“Fix Record date for dividend on Tuesday, 17 September 2024. Fixed the dates for Book Closure et Registrar of Members of the Company begins from Wednesday, 18 September 2024 up to Tuesday, 24 September 2024 (both days inclusive) for purpose of 4GM and Dividend,” the company said in an exchange filing.

Southern Gas Dividend 2024 Payment Date

Southern Gas Ltd has not yet fixed the payment date.

Southern Gas Dividend History

Last year, Southern Gas Ltd paid a dividend of Rs 50 with an ex-date on September 15. Similarly, in 2021 and 2022, the company announced dividends of Rs 50 each. It declared its first-ever dividend of Rs 40 with an ex-date on September 17, 2020.

(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.)

2024-09-17T03:05:42Z dg43tfdfdgfd