SJVN among 21 stocks to trade ex-dividend tomorrow. Do you own any?
SJVN, which was recently elevated to a Navratna status by the government, along with 20 other companies, is likely to remain in focus today as they have set September 12 as the record date to determine shareholders eligible for dividend payments.
This means today is the last day to buy shares of these companies to qualify for the announced dividends.
The board of SJVN had fixed a final dividend of Rs 0.65 per share for the financial year 2024-25.
“The Board of Directors in the meeting as mentioned earlier have recommended a final dividend of ₹0.65/- per equity share for the Financial Year 2023-24 subject to shareholders' approval in the ensuing Annual General Meeting. The final dividend is in addition to the interim dividend of Rs 1.15/- per equity share for the Financial Year 2023-24 declared in February 2024,” the company had said in a filing to the exchanges.
In the past 12 months, SJVN has declared an equity dividend amounting to Rs 1.77 and at the current share price of Rs 132, SJVN’s dividend yield is 1.34%, according to the data available on Trendlyne.
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