Dividend stock: Oberoi Realty to declare interim dividend today. Details here

livemint.com:

Dividend stock 2023: The board of directors of Oberoi Realty Ltd is going to consider and approve proposal for interim dividend in its board meeting schduled today. Oberoi Realty has already informed Indian stock market about the proposal.

While sharing its board meeting update with exchanges, the realty company said that board of directors of the company will discuss interim dividend proposal in its board meeting scheduled on 27th October 2023. So, Oberoi Realty stocks are expected to remain under the focus of market investors and observers during Friday deals.

Informing about the dividend proposal, Oberoi Realty said, "We refer to our letter dated October 20, 2023 informing the exchanges regarding a meeting of the Board of Directors of the Company scheduled to be held on Friday, October 27, 2023, inter alia, to consider and approve the un-audited financial results of the Company for the quarter ended September 30, 2023," adding, “We now write to inform you that at the aforesaid meeting, the Board of Directors shall also consider declaration of Interim Dividend for FY23-24 on the equity shares of the Company and deciding the record date for the purpose of determining the eligibility of the members for receiving the said interim dividend (if declared by the Board of Directors)." So, Oberoid Realty board is expected to declare interim dividend and record date for finalising the eligible shareholders for payment of interim dividend for the financial year 2023-24. As per the information available on BSE website, this is not the first time when Oberoi Realty would be declaring dividend to reward its shareholders.