Procter & Gamble Hygiene & Health has decided to give money to its shareholders, and they call it a “dividend.”
Each person who has 1 share of the company will get Rs 105. This special payment will happen because today, on November 17, 2023, the company is doing something called “trading as ex-dividend stock” in the stock market.
Earlier, in a meeting on June 30, 2023, the company’s leaders decided to give a 1050 percent dividend on each share with a face value of Rs 10.
This means Rs 105 will be given for every share. They chose November 17, 2023, as the special day for this, called the “record date.”
If you are allowed to get the money, you will receive it between November 24, 2023, and December 20, 2023.
Now, let’s talk about how well the company is doing in the stock market. On Thursday, the company’s shares closed at Rs 18120.95, which is a little less than before.
In the last year, the company’s share prices went up by more than 29 percent, and in the last 6 months, it went up by more than 31 percent. The total value of the company in the stock market is Rs 58,821.94 crore.