Midcap NBFC Declared Special Interim Dividend, Stock Hits 52 Week High, Check Record Date
IDFC Ltd., a Non- Banking Finance Company ( NBFC)- Investment, regulated by the RBI has declared a Special Dividend.
The Board of Directors of IDFC Limited at its meeting held on February 01, 2023, considered and declared a Special Interim Dividend of has 110%.
The Company a market valuation of Rs 13,489.42 crore.
The current market price of the IDFC Stock is Rs 88 apiece, trading 4 .33 % up from its previous close of Rs 84.35 apiece.
Yesterday, February 01, 2023, the stock hits a new 52 week high at Rs 89.90 apiece. The 52 week low of the stock is 42.20 apiece.
IDFC Ltd Declares Special Interim Dividend
The IDFC Limited will be paid to eligible shareholders on or after February 24, 2023.
Please note that Special Interim Dividend of the Board of the the Special Interim Dividend of 110 % i.e.
Rs. 11 per equity share of the Company. Total amount of dividend payout would be appx. Rs. 1,760/ 1,760/- crores."
It added, " Please note that the Special Interim Dividend, shall be payable to all those equity shareholders, whose names appear in the Register of Members of the Company as at close of day on February 13, 2023,
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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt