TATA STOCK DIVIDEND: RECORD DATE THIS WEEK FOR WHOPPING RS 70 PER SHARE CASH REWARD
Tata Group stock is all set to trade ex-dividend this week. A Tata Group company, Tata Elxsi had declared the highest-ever dividend payout of 700 per cent for the shareholders along with its quarterly earnings for the January-March 2024 quarter. The company at a later date also fixed the record date and the payment date for the corporate action.
Tata Elxsi Dividend Amount
The board of directors at its meeting held in April this year recommended a dividend of 700 per cent, translating to Rs 70 per equity share of Rs 10 each for the financial year 2023-24.
Tata Elxsi Dividend Record Date
The company fixed Tuesday, June 25 as the record date to determine the eligibility of shareholders for the corporate action.
Tata Elxsi Dividend History
| Ex-Date | Amount (Rs) |
| 25 June, 2024 | 70 |
| 22-June, 2023 | 60.60 |
| 15-June, 2022 | 42.50 |
| 17-June 2021 | 24 |
| 17-June 2021 (Special Dividend) | 24 |
Tata Elxsi Dividend Payment Date
The dividend will be paid on or after July 16, 2024, the company said in a statement. The company is amongst the world’s leading providers of design and technology services across industries including Automotive, Broadcast, Communications, Healthcare, and Transportation.
Tata Elxsi Share Price History
The company is a multibagger stock, deliverying 727.85 per cent returns in the last five years, as per data available on the Bombay Stock Exchange (BSE), making investors richer with massive gains.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
2024-06-23T10:55:21Z dg43tfdfdgfd