4th Interim Dividend: Maharatna PSU REC could announce dividend on THIS date

REC Dividend: In keeping with information obtainable on the BSE, the PSU paid dividends on 4 events in 2023, aggregating to Rs 14.10.

REC Dividend: Maharatna firm REC Ltd is predicted to announce its fourth interim dividend quickly. This comes only a month after the corporate introduced an interim dividend of Rs 4.30. for the monetary 12 months 2024-25.

REC Ltd, a constituent of the BSE 100 index, is predicted to make an announcement on this regard on March 19. In keeping with an alternate submitting, the board of administrators of the corporate is scheduled to fulfill on March 19, 2025.

“A gathering of the Board of Administrators of REC Restricted (the Firm) can be held on Wednesday, March 19, 2025 inter-alia to contemplate the proposal for declaration of 4th Interim Dividend, if any, for the monetary 12 months 2024-25,” REC Ltd stated in an alternate submitting.

The corporate has not but shared data associated to the document date. It’s anticipated that the PSU will announce the document date on March 19, together with the dividend quantity.

REC Dividend Historical past

Earlier, the corporate paid an interim dividend of Rs 4.20 to its shareholders in February this 12 months. In 2024, the corporate paid dividends on 4 events – Rs 4 in November, Rs 3.50 in August, Rs 5 in June and Rs 4.50 in March.

In keeping with information obtainable on the BSE, the PSU paid dividends on 4 events in 2023, aggregating to Rs 14.10.

In 2022, REC paid dividends thrice (a complete of Rs 15.80 on every inventory) and issued bonus shares within the ratio of 1:3.

REC Dividend Yield

The dividend yield of the Maharatna firm is 4.14 per cent on every inventory.

REC Share Worth

The shares of REC ended the final session on a optimistic word amid market volatility. The inventory began the session in inexperienced at Rs 404 on Thursday on the BSE. It gained additional to the touch an intraday excessive of Rs 411.85. Nonetheless, it later fell to finish the session at Rs 406.65 – a achieve of 1.14 per cent from the earlier shut.

The 52-week excessive of the scrip is Rs 653.90, and the 52-week low is Rs 357.45. The corporate has a market cap of Rs 1,07,080 crore.