Dividend Declared: 15 May 2024
📈 Good news for investors as Godrej Consumer Products has announced a dividend for shareholders. The company will trade on the stock exchange as ex-dividend stock. Godrej Consumer Products Limited is offering a dividend of ₹10 per share. On Monday, the company’s stock closed at ₹1,338.15, up by 1.30%.
📅 On 6 May 2024, the company filed with the stock exchanges, stating that it is offering a 1,000% dividend on shares with a face value of ₹1. This means eligible investors will receive a dividend of ₹10 per share. The company has set the record date as 14 May 2024 and will pay out the dividend to eligible investors on or before 5 June 2024.
💰 Company’s stock was trading at ₹1,299 on Wednesday (15 May 2024) with a 0.62% decrease. Godrej Consumer Products made its first dividend payout in 2019. The company has also issued bonus shares twice. The first bonus share was issued as an ex-bonus share on 22 June 2017, followed by a 1:2 bonus offer in 2018.
📈 The company’s share price has increased by 11.6% in the last month and by 36.5% in the last six months. Stockholders have received a 33% return since last year. Godrej Consumer Products’ 52-week high is ₹1,372 per share, and the low is ₹959.55 per share. The company’s market capitalization is ₹1,36,868.70 crores.
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