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Dividend Stock: Bharat Bijli Limited Dividend has decided to pay a dividend of Rs 40 per 1 share to the investors. The company will trade as an ex-dividend stock on the stock market this week. This means that positional investors will not have to wait long for dividends. Tell us about this dividend stock in details?
The IPO took the gray market by storm, the price under Rs 100, GMP will make you say wow too
When is the record date? (Bharat Bijli Limited Dividend Record Date)
In the information provided to the stock markets, the company has said that a dividend of Rs 40 will be given to eligible investors on each share. For which the record date has been fixed as 7th September 2023, Thursday. Bharat Bijli Limited will trade on the stock market on September 6 as an ex-dividend stock.
The company is offering 4 bonus shares for 1 share, investors were happy to hear the announcement.
How are investors performing in the stock market? (Bharat Bijli Limited Stock Performance)
On Friday, shares of Bharat Bijli Limited (Bharat Bijli Limited) opened at Rs 4209.75, up 2.17 percent. This dividend stock has managed to grow by more than 11 percent in the last one month. At the same time, investors who bet a year ago have doubled their money so far. Let us tell you that during this period investors have got 107 percent return.