Tata Group Companies Dividend Stocks: If you like to bet on the shares of Tata Group companies, then there is good news for you.
4 companies of Tata Group will give the gift of dividend to their investors in the coming time. Tata Motors is also one of these 4 companies.
Which announced the quarterly results on Friday. Let us know which company of Tata Group will give how much dividend to its investors.
1) Tata Coffee Dividend
According to the information given to the stock market, Tata Coffee has decided to give 300 percent dividend to its investors.
That is, eligible investors will get a profit of Rs 3 on each share. For this, the company has declared 15 May 2023 as the record date.
On Friday, it closed at a level of Rs 229 with a fall of 0.22 per cent. In the last one month, the company’s share prices have seen a rise of more than 9 percent.
2) Tata Power Dividend
The company has decided to pay a dividend of Rs 2 per equity share. The final decision on this dividend will be at the 104th AGM on June 19, 2023.
After gaining 0.36 percent on Friday ie yesterday, the company’s shares had reached the level of Rs 207.05.
Positional shareholders of the company have gained 5.48 per cent during the last one month.
3) Tata Motors Dividend
The company announced its March quarter results on Friday. During this, the company had also announced a final dividend of Rs 2 per share.
Along with this, the company has also decided to pay Rs 2.10 on ‘A’ Ordinary Share.
Shares of Tata Motors have gained more than 9 percent in the last one month.
4) Tata Steel Dividend
The board of this company of Tata Group has also advised to give dividend. In the company’s board meeting, it was said to give a dividend of Rs 3.60 per share.
The final decision on which is going to be taken in July will be in the AGM. The position of Tata Steel in the stock market is not very good.
The company has given negative returns in the last one month.
