IGL Dividend 2023: Indraprastha Fuel Ltd (IGL) shares rose on Thursday as buyers awaited the end result of a board assembly being underway to think about a dividend payout. A dividend introduced on Thursday could be a second payout within the present monetary 12 months. IGL shares rose by as a lot as Rs 8.5 or 1.9 per cent to Rs 448.3 apiece on BSE.
At 11:40 am, the Indraprastha Fuel inventory held on to the inexperienced with a acquire of 0.8 per cent at Rs 443.2 apiece, buying and selling in excessive volumes. As many as 56,000 IGL shares modified fingers on BSE to date on Thursday, as towards a day by day common of 38,000 previously two weeks, in response to provisional alternate information.
IGL dividend 2023: Report date
Earlier, the corporate’s board had mounted March 31 because the file date for any such dividend. Meaning a dividend authorised by the IGL board on Thursday may have March 31 because the file date.
What’s a file date?
A file date determines the shareholders eligible to profit from company motion reminiscent of a dividend payout.
IGL dividend historical past
IGL has introduced 5 dividends over the previous couple of years.
IGL share worth: Historic efficiency
IGL shares have rewarded buyers with a return of 18.6 per cent previously one 12 months, sharply outperforming the general market. The Nifty headline index has declined half a per cent throughout this era.
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