Investors in the company Aster DM Healthcare are in for some good news. The company has decided to give a big reward to its investors by paying a large dividend.
The company’s leaders have already agreed to this plan.
The company has shared with the stock markets that they’ll be giving a special payment of Rs 118 per share to their investors.
This decision was approved by the company’s leaders in a meeting held last Friday.
This special dividend is even more significant when you look at the current share price.
As of last Friday, the price of one share in Aster DM Healthcare Limited went up by 2.66 percent, reaching Rs 487.95.
The highest price this share has reached in the past 52 weeks on the BSE is Rs 500.60.
Compared to the current price, eligible shareholders will receive a return equal to 25 percent of their holding value for each share, thanks to this special dividend.
The company has set April 23 as the record date for this special dividend.
This means that shareholders who hold shares of the company until April 23 will be able to benefit from this special dividend.
The company has assured that the dividend will be paid within 30 days.
Aside from dividends, Aster DM Healthcare shares have been quite profitable for investors, providing them with significant returns throughout the year.
In fact, the share price has nearly doubled in the past year alone, increasing by 97.69 percent.
