Maharashtra Scooters Limited will give Rs 160 per share dividend
Dividend Stock: Maharashtra Scooters Limited is soon bringing a great news for its shareholders. If you have bought the shares of the company, then this news will not be less than a festival for you. The company has decided that it interim for Rs 160 on every share to its shareholders. Dividend Will give The record date of this dividend is kept on 22 September, ie tomorrow. Meaning investors whose names will be in the company’s records on that day will get this huge dividend. This is the biggest dividend from the company in the last several years. This can be a very special opportunity for investors.
The biggest payment ever
Maharashtra Scooters Limited first started giving dividends in 2001, then only Rs 1 per share was given. Since then, the company has been continuously paying dividends to its investors. In June this year, the company also gave a final dividend of 30 rupees and a special dividend of 30 rupees. Now this time with the interim dividend of this time, it has become a special opportunity for investors. In this way, investors have received three different dividends throughout the year, which is the evidence of the company’s strong financial condition and good performance.
Shares increase by 82% in 6 months
While Maharashtra Scooters Limited is attracting investors through its dividend, the performance of the company’s shares has also been amazing. The company’s shares closed at Rs 17,757.95 per share on Friday. In the last six months, the company’s shares have gained 82 percent. Within a year, investors have received a return of about 47 percent. The special thing is that in the last 5 years, the company’s shares have shown a tremendous jump of 481 percent.
Tomorrow is a record date
This dividend of Maharashtra Scooters Limited is a big opportunity for those investors who are looking for constant and good returns. The company has maintained the trust of investors with its strong financial position and good dividend. Any investors who get their names registered in the company’s records on 22 September, ie tomorrow, will definitely get this dividend.
Disclaimer: This article is only for information and should not be considered as an investment advice in any way. TV9 India suggests its readers and spectators to consult their financial advisors before taking any decision related to money.