HAL Dividend Record Date: Shares of Hindustan Aeronautics Ltd (HAL) are trading ex-dividend today i.e. November 18. The company has already announced the record date for the first interim dividend. According to an exchange filing, the company has decided to pay a dividend of Rs 20 per share. The announcement in this regard was made by the company while declaring its second-quarter earnings for the current fiscal. 

Hindustan Aeronautics Dividend 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The company has decided to pay a dividend of Rs 20 per equity share of Rs 10 each. This means HAL is paying a dividend of 200 per cent .

"This is with reference to the first interim dividend of Rs. 20/- per equity share of Rs 10/- each fully paid up (200%) for the Financial Year 2022-23, declared by the Company on 11th November, 2022," the company said in an exchange filing.  

To receive the benefits of corporate actions like dividends, bonus, split and others, a person should buy a company's shares before the ex-date so that shares are credited to the Demat account before the record date. 

Hindustan Aeronautics Dividend Record Date

The record date for the purpose of giving dividend has been fixed as November 21, 2022.

"As informed earlier, the Record date for the payment of the first interim dividend will be Monday, the 21' November, 2022," the company said.

The record date is nothing but a date that allows a company to determine the eligibility of shareholders to receive the benefits of corporate actions like dividend, bonus, split and others. 

 
Hindustan Aeronautics Dividend History

 

Earlier, the company had announced a dividend of Rs 1o per share.

Click Here For Latest Updates On Stock Market | Zee Business Live