BSE 200 STOCK, 1700% DIVIDEND: EX-DATE ON JULY 19 | DETAILS

BOSCH Dividend 2024 News: Shares of BOSCH Limited will be in focus in July on account of its next corporate action. The engineering company has announced a whopping 1700 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 paid in cash from earnings.

BOSCH Share Price

Shares of BOSCH Limited fell by more than 2 per cent on Friday and closed at Rs 34000 apiece. The scrip registered a high of Rs 34,785 and a low of Rs 33,965.80. More than 59,000 equity shares changed hands at the same time. According to NSE, the Nifty Next 50 stock has a total market cap of Rs 1,00,278.38 crore.

BOSCH Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 1700 per cent dividend translates into Rs 170 per equity share on the face value of Rs 10.

"Recommended a final dividend of 170 per equity share of Rs 10 each, subject to the approval of shareholders," the company said in an exchange filing.

BOSCH Dividend 2024 Ex-Date

BOSCH Limited has set July 19 as the ex-date for the final dividend of FY24.

BOSCH Dividend 2024 Record Date

BOSCH Limited has set July 19 as the record date for the dividend. "Register of Members & Share Transfers Books of the Company will be closed from July 20, 2024, to August 7, 2024 (both days inclusive)," the company said in a regulatory filing.

BOSCH Dividend 2024 Payment Date

Bosch Limited will pay the final dividend on or after August 13.

BOSCH Dividend Yield

At the current market price, the dividend yield of BOSCH Limited is 1.10 per cent.

BOSCH Share Price History

BOSCH Limited is a component of the BSE 200. According to the BSE analytics (as of June 30), shares of BOSCH Limited gave a positive return of 4.31 per cent and 5.33 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month and 3 months, shares of the auto company rose 9.57 per cent and 13.25 per cent, respectively. On a YTD basis, shares of the company gained 51.80 per cent. In the past 1 year, 2 years, 3 years, 5 years, and 10 years, shares of the auto company climbed 81.88 per cent, 132.24 per cent, 124.59 per cent, 108.28 per cent, and 161.28 per cent, respectively.

BOSCH Dividend History

This year, BOSCH Limited paid a dividend of Rs 205 in February. Last year, the auto company announced dividend twice – Rs 200 in February and Rs 280 in July. In 2022, the company paid a dividend of Rs 110 in July.

(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.)

2024-06-30T12:27:22Z dg43tfdfdgfd