Page Industries Ltd, the company behind the Jockey brand, has announced a dividend of Rs 300 per share.
This dividend is set to be paid to shareholders who own the stock as of the record date. Here are the key details:
Record Date and Ex-Dividend Date
The record date for this dividend is August 17, 2024. Since August 17 falls on a Saturday, the stock will be traded ex-dividend on August 16, 2024.
Eligible investors will receive their dividend payments on or before September 6, 2024.
Dividend History and Stock Performance
Page Industries has a history of paying dividends, having first distributed Rs 6 per share in 2007.
In 2024, the company has already declared two dividends.
The first was on February 16, with a dividend of Rs 100 per share, and the second on May 31, with a dividend of Rs 120 per share.
As of the latest update, Page Industries’ stock closed at Rs 40,155.30 on the BSE, marking a 1.53 percent gain.
The stock’s 52-week high is Rs 42,902.10, and the 52-week low is Rs 33,100.
The company’s market capitalization stands at Rs 44,788.72 crore.
Despite these figures, the company has delivered only a 3 percent return to investors over the past year.