New Delhi, March 26 -- Chennai Petroleum Corporation has rewarded its shareholders as the company today announced an interim dividend of Rs.8 per equity share, representing 80% of the face value of Rs.10 per share, for the financial year 2025-26.
The company has also set Thursday, April 2, as the record date to determine shareholders eligible for the dividend. The payout will be made on or before April 25.
Investors looking to benefit from this payout must ensure they own the stock before the record date. Under India's T+1 settlement cycle, shares purchased on or after the record date will not qualify for the dividend.
At the current market price of around Rs.1,003 per share, Chennai Petroleum's dividend yield stands at approximately 0...
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