Investors who bet on dividend-paying stocks have received promising news from Bajaj Holdings and Investment.
The company has declared a generous dividend of Rs 110 per share for its shareholders.
What’s even better for investors is that the record date for this dividend falls within this month.
Record Date for Bajaj Holdings and Investment Dividend
Bajaj Holdings and Investment convened its board meeting on the 15th of this month.
During this meeting, the record date for the interim dividend on shares with a face value of Rs 10 was officially disclosed.
Shareholders will be pleased to know that the record date has been set for September 29, 2023. Eligible investors can expect to receive their dividend on or around October 13, 2023.
Stock Market Performance
As of the last market closing on Friday, Bajaj Holdings and Investment’s share price stood at Rs 7334.15 on the BSE.
Over the past six months, the company’s shares have witnessed an impressive growth of over 20 percent.
However, for long-term investors, the gain over the past year is approximately 8 percent.
It’s worth noting that the company’s 52-week high is Rs 7638, while its 52-week low is Rs 5557.05 per share.
Bajaj Holdings and Investment currently boasts a market capitalization of Rs 81,624.33 crore.
