HPCL BONUS SHARE 2024: PSU OIL STOCK FIXES JUNE 21 AS RECORD DATE

HPCL Share Price News: Shares of HPCL closed in the green on June 14 at Rs 536.30 apiece, up 1.50 per cent. The scrip registered a high of Rs 543.75 and a low of Rs 530. More than 76.31 lakh equity shares changed hands on Friday. The PSU company has a total market cap of Rs 76,076.75 crore, according to NSE.

HPCL Bonus Issue 2024

Hindustan Petroleum Corporation Limited (HPCL), a state-run Maharatna company, has announced the bonus issue in the ratio of 1:2. This means you will get 1 new equity share for every 2 existing equity shares of Rs 10 face value.

HPCL Bonus Issue 2024 Record Date

HPCL has fixed June 21 as the record date for the bonus issue. The PSU company has said that the estimated date by which the bonus shares would be credited or dispatched is on or before July 8, 2024.

HPCL Share Price History

HPCL is a component of the BSE 200. According to the BSE analytics (as of June 15), shares of HPCL rose by 2.43 per cent and 8.71 per cent in the last 1 week and 1 month, respectively. On a YTD basis, shares of the state-run company gained 34.13 per cent. In the past 1 year, 2 years, 3 years, 5 years, and 10 years, shares of the PSU climbed 94.54 per cent, 150.82 per cent, 79.74 per cent, 75.73 per cent, and 515.53 per cent, respectively.

HPCL Dividend History

This year, HPCL paid a dividend of Rs 15 in February. In 2021 and 2022, the state-run company paid dividends of Rs 22.75 and Rs 14 in July and August, respectively. Similarly, in June, the refineries and marketing company announced dividends of Rs 9.4 and Rs 9.75 in June and July, respectively. The stock has a face value of Rs 10 each.

HPCL Bonus History

In 2016 and 2017, the Hindustan Petroleum Corporation Limited (HPCL) issued bonuses in the ratio of 2:1 and 1:2.

HPCL Dividend Yield

At the current market price, the dividend yield of HPCL is 2.80 per cent.

(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.)

2024-06-15T05:14:14Z dg43tfdfdgfd