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Dividend Stock: There is good news for stock market speculators. HEG Limited has paid its investors Rs. 42.50 has been decided to pay a dividend. The fixed record date of the company is today i.e. 24th August. That means that any investor whose name will remain in the record book of the company today will get the benefit of this dividend. Let’s know in detail-
The company paid Rs. 425 per cent dividend is decided on one share of face value of 10. Due to which qualified investors can get Rs. 42.50 will be profit. The dividend will be paid within 30 days of the company’s AGM.
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The share price of the company was Rs 1782.05 on Wednesday. The share price of HEG Limited has returned more than 10 percent during the last one month. At the same time, investors who bought this stock 6 months ago have made more than 84 percent profit so far. Let us tell you that the company’s 52-week high price in the stock market is Rs 1844 per share. And the 52-week low is Rs 918 per share.
How strong are the company’s books of accounts?
In the first quarter of the financial year, the consolidated revenue of this company has been Rs 671.43 crore. While a year ago it was Rs 721.95 crore. HEG Ltd’s net profit for the June quarter was Rs. 139.12 crores. In the year-ago quarter, the company’s net profit was Rs. 41.20 crores.