This Company Declares Interim Dividend Of Rs 90 Per Share: Check Details

After the company paid an interim dividend, the company’s stock rose more than 3% in the morning session on September 20. For the last five years, the company has had no debt.

Bajaj Holdings said that at their meeting on September 17, the company’s Board of Directors declared an interim dividend of Rs 90 per equity share with a face value of Rs 10 for the fiscal year ending March 31, 2022.

On September 29, 2021, the record date for deciding which members are eligible for the interim dividend has been set. In an exchange filing, the company stated that the aforementioned interim dividend will be credited/dispatched on or around October 11th.

During its Annual General Meeting on July 22, 2021, Bajaj Holdings & Investment Limited (‘the Company’) declared a dividend of Rs. 40 per equity share, with a face value of Rs. 10 each, for the fiscal year ended March 31, 2021. After deducting the appropriate tax at the source, the abovementioned dividend was credited/ sent to shareholders on July 26, 2021.

Bajaj Holdings Dividend History

Since June 29, 2001, Bajaj Holdings & Investment Ltd. has declared 23 dividends. Bajaj Holdings & Investment Ltd. has declared an equity dividend of Rs 40.00 per share in the last 12 months.
This converts to a dividend yield of 0.88 percent at the current share price of Rs 4566.85.

Bajaj Holdings & Investment Ltd., founded in 1945, is a Large Cap firm in the Holding Company sector with a market capitalization of Rs 48,956.35 crore. The stock returned 43.57 percent over three years, compared to 55.35 percent for the Nifty 100 index.

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