Rs.94 dividend declared after 25 years; share price jumps nearly 10% - Record date fixed | Do you own?
Dividend stock 2026, Aug. 28 -- The auto stock, which is going to trade ex-dividend next month, has been in the news for declaring a special dividend of Rs.86.50 per share and a Rs.7.50 per share dividend. The company has declared a dividend of Rs.94 per share ( Rs.86.50 + Rs.7.50), after a gap of nearly 25 years. It had traded ex-dividend on 10th August 2001 to finalise the eligible shareholders for the payment of Rs.2.50 per share. The dividend stock saw strong buying on Friday's earnings and surged around 10% at the Opening Bell.
The company informed about the dividend move in an exchange filing on Thursday, saying, "We would like to inform you that at the Board Meeting held today, i.e. Thursday, 27th August 2026, the Board has declar...
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