Havells India, a leading player in the electrical equipment industry, recently declared a final dividend of ₹6 per share for the financial year 2023-24. This announcement highlights the company’s commitment to rewarding its shareholders while maintaining robust financial health. In this post, we will delve into the specifics of the dividend, Havells India’s current market standing, and its impressive performance metrics over the past year.
Havells India CMP
Havells India’s current share price stands at ₹1,889.85, which is very close to its 52-week high of ₹1,925.00. This proximity to the peak price suggests strong investor confidence and a bullish outlook on the stock. The 52-week low of ₹1,232.00 provides a stark contrast, highlighting the significant upward movement the stock has experienced over the past year.
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Havells India Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 31 May 2024 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 31 May 2024.
The ex-dividend date marks the cut-off for investors to purchase shares if they wish to receive the upcoming dividend. If you buy Havells India’s shares on or after 31 May 2024, you will not be eligible for this final dividend payout. Bookmark our website for latest and upcoming dividend announced by companies in 2023.
Important Dates
- Company – Havells India Ltd
- Script Name – HAVELLS (NSE) and 517354 (BSE)
- Dividend Amount: ₹6 per share
- Dividend Type: Final
- Ex-Div Date: 31 May 2024
- Record Date: 31 May 2024
- Current Price: ₹1,889.85
- 52-Week High: ₹1,925.00
- 52-Week Low: ₹1,232.00
- Dividend Yield: 0.4%
- Market Capitalization: ₹1,18,396 Crores
- 1-Year Return: 47.83%
Also, you can find more information about Mahindra CIE Automotive Ltd on National Stock Exchange and Moneycontrol – As Havells India continues to innovate and expand its market footprint, shareholders can look forward to potential future gains and continued financial stability. The company’s performance and strategic direction make it a noteworthy consideration for both current and prospective investors.
