BSE declares dividend of Rs 15 per share, sets record date
BSE on Wednesday recommended payment of a final dividend of Rs 15 per equity share of face value of Rs 2 each. This proposal is subject to the approval of shareholders at the ensuing AGM.
The company has fixed June 14 as the record date to determine shareholders who will be eligible to receive a final dividend and the payment will be made on or before August 13.
Shares of companies usually trade ex-dividend on the day or a day before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.
India's oldest exchange reported a net profit of Rs 107 crore for the quarter ended March 2024, which was up by 18% year-on-year (YoY). It has reported a profit of Rs 91 crore in the year-ago period.
Consolidated revenue from operations for the reported quarter surged 151% YoY to Rs 488 crore, compared with Rs 227 crore posted in the corresponding period of last year.
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