Tata Steel shares turn ex-dividend today, rise 3%

TeknikalRaman

Finance & Business

POSTED BY: Ranjeet Kumar  PUBLISHED: Jun 15, 22

Image Source- Twitter

Tata Steel Dividend: Tata Steel's stock will go ex-dividend on Wednesday, as the company's board of directors has set June 15, 2022

Image Source- Twitter

POINT TO BE NOTED FOR  INVESTORS

Image Source- Twitter

Recommended a dividend of Rs. 51 per fully paid-up Ordinary Share of Rs 10/- each

Image Source- Twitter

(510 percent) to the shareholders of the Company for the Financial Year ended March 31, 2022

Image Source- Twitter

Furthermore, the dividend will be paid in proportion to the amount paid-up on outstanding partly paid-up

Image Source- Twitter

Ordinary Shares of the Company on which call money remains unpaid as of the date of book closure for the dividend payment

Image Source- Twitter

The company has a strong dividend track record, having declared dividends on a consistent basis for the past five years.

Image Source- Twitter

 If we consider the current share price of Rs 1023.70 a share, the dividend yield is 4.99 percent.

Image Source- Twitter

Tata Steel has grown to become one of Europe's major steel makers, with a crude steel capacity of approximately 12.4 MnTPA

IF YOU WANT TO KNOW MORE ABOUT TATA HIDDEN STOCK

CLICK ON THE BUTTON TO REACH OUR OFFICIAL SITE