Dividend Inventory: Dividend of ₹ 28 can be out there on each inventory, April 23 is a document date

Dividend Inventory: Dividend of ₹ 28 can be out there on each inventory, April 23 is a document date
The Industrial and Automotive Element Maker Shefler India (Schaeffler India) is providing a last dividend of Rs 28 per share. That is for the monetary 12 months ending the dividend firm on 31 December 2024. The document date for that is 23 April 2025. By this date, the shareholders whose names can be within the data of the Register of Members of the Firm or Depositors because the beneficiary house owners of the shares can be entitled to the dividend, earlier than which the corporate had given a last dividend of Rs 26 per share for the monetary 12 months ended on 31 December 2023. Schaeffler India share face worth of Rs 2. The inventory closed at Rs 3042.10 on BSE on Friday, April 11. The corporate’s market cap is Rs 47500 crore. 9 % has damaged in 2 weeks Schaeffler India associated information Schaeffler India shares have come down 22 % within the final 6 months and 9 % in 2 weeks. The 52 -week excessive of the inventory is Rs 4,950, which was created on 18 June 2024. The 52 -week low of Rs 2,836.55 was seen on 17 February 2025. The corporate had a 74.13 % stake within the firm by the tip of December 2024. The corporate distributed bonus shares in 1994. The shareholders received 1 new share free on each 2 shares with them. The inventory was break up within the 12 months 2022. 1 inventory with a face worth of Rs 10 was damaged into 5 shares with a face worth of Rs 2. It was Rs 2,082.31 crore. The web revenue was Rs 249.33 crore and Earnings was Rs 16 crore per share. In FY 2024, the corporate’s income was recorded at Rs 8,076.29 crore, web revenue of Rs 977.67 crore and earnings per share at Rs 62.60 crore. It’s essential to say right here that the funding market available in the market is topic to dangers. At all times seek the advice of specialists earlier than investing cash as an investor. There may be by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.

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