Dividend Stocks: 17 February 2024 📈💰
Good news for investors trading in dividend stocks! Disa India Limited will be giving its investors a dividend of ₹100.
The company has announced that a dividend of ₹100 will be given on shares priced at ₹10 each. This means eligible investors will receive a dividend of 1,000% per share. The company had announced the record date for the dividend on 16th February. Disa India Limited stated that the dividend payment will be made on or before 6th March.
Disa India Limited will be trading ex-dividend for the first time in 2024, having given a dividend of ₹110 per share in 2023. Since 2008, the company has been consistently paying dividends to investors. The company first paid a dividend in 2001, giving eligible investors a profit of ₹2.4 per share at that time.
On Thursday, at the close of business on the BSE, the share price of Disa India Limited was ₹15,175. In the past six months, the company’s share price has increased by only 1.13%. Investors who have been investing in this stock for over a year have earned more than 91% profit. The company’s 52-week high on the BSE is ₹17,570 and the low is ₹7,600 per share. The company’s market capitalization is ₹2,206.76 crores.
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