The Board of Directors of REC Ltd held its meeting on January 30, 2023. It has declared Interim Dividend of Rs 3.25 per equity share for the third quarter of financial year 2022-23.
REC Ltd CMP
The Current Market Price (CMP) or last traded price (LTP) of company was Rs 120.65 at the time of publishing this article. Its 52 weeks high was Rs 126.25 (on 09-Jan-2023) & 52 weeks low was Rs 82.24 (on 20-Jun-2022).
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REC Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 February 2023 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 9 February 2023.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2023.
Important Dates
- Company – REC Ltd
- Script Name – RECLTD (NSE) and 532955 (BSE)
- Dividend Amount – 3.25 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 9 February 2023
- Record Date – 9 February 2023
- Payment Date – 28 February 2023
- Current Market Price – Rs 120.65
- 52 Weeks High – Rs 126.25
- 52 Weeks Low – Rs 82.24
Also, you can find more information about REC Ltd on National Stock Exchange and Moneycontrol. Rural Electrification Corporation Limited (REC) is a NAVRATNA Central Public Sector Enterprise under Ministry of Power. The company’s main objective is to finance and promote rural electrification projects all over the country.
