Business News: Companies often announce dividend to attract their investors in India's stock market, but recently a company has made such a big announcement that all investors have been surprised. This company has announced to give 2290% dividend to its shareholders, which is considered a very rare and great opportunity in the history of the stock market. Let's know about the complete information, record and payment date of this dividend.
What is 2290% dividend?
2290% dividend means that the company is going to give a dividend of Rs 2290 on each of its stock. For example, if an investor has 1 shares, he will get a dividend of Rs 2290. This is a very attractive offer, especially for investors who have shared this company in their portfolio for a long time.
Company name and dividend announcement
This huge dividend has been announced by "Shree Cement Limited". This company is one of the major cement companies of India and its stock has been very strong. The company has announced this great dividend for its investors due to the profit and increase in lions. This is a great opportunity for lionholders, as this dividend gives very few companies.
How many rupees will you get on dividend?
- The company has announced a dividend of 2290 on each stock. For example:
- If you have 1 shares, you will get 2290.
If you have 100 shares, you will get 2,29,000.
This record date determines whether you are the shareholder of the company to get dividend. This means that investors who own the shares of this company by July 15 will get 2290% dividend. Payment date, i.e. payment of dividend will be started on 31 July.
Why is this dividend special?
This dividend is a great news for any stock market investor, because it is very rare to find such a big dividend. Most companies give around 1-5% dividend, but giving 2290% dividend is a historical event. This will increase the confidence of investors on the company and will also result in their investment.
A golden opportunity for you
If you are also a shareholder of Shree Cement Limited, then this is a golden opportunity for you. 2290% dividend will definitely give good benefits of your investment. But keep in mind that to get dividend, you must be the owner of this company's shares by 15 July 2023. So, if you have not yet bought shares of this company and want to take advantage of dividend, then this can be a great opportunity for you.
