Railway Stock Under Rs 500: 30% DIVIDEND per share announced - Details

railway stock under rs 500 jupiter wagons limited: 30 per cent dividend per share announced – details

Jupiter Wagons Dividend 2024 Announcement, date: Jupiter Wagons Limited has announced its consolidated net profit for the quarter ending March 31, 2024. In addition to the financial results, the company has proposed a final dividend of 3 per cent to its shareholders for the financial year 2023-24. A dividend is a company’s reward to its investors for their investment in the business. It is paid in cash from earnings.

Jupiter Wagons Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 3 per cent dividend translates into Re 0.3o per equity share with a face value of Rs 10 each for the FY24.

“The Board of Directors recommends a final dividend of Rs 0.30 per share of FV of Rs 10 each,” the company said in an exchange filing.

Jupiter Wagons Dividend 2024 Ex-Date, Record Date and Payment Date

Jupiter Wagons Limited has not yet announced the details regarding ex-date, record date, and payment date of the final dividend for FY24.

Jupiter Wagons Share Price

Stocks of Jupiter Wagons Limited climbed more than 2 per cent on Wednesday. The stock opens at Rs 414.65 vs the previous closure of Rs 405.20. Around 11:50 am, shares of Jupiter Wagons Limited traded at Rs 410 apiece, up by Rs 4.80 points or 1.18 per cent, according to NSE. More than 20.35 equity shares changed hands at the same time.

Jupiter Wagons Share Price History

Jupiter Wagons is a constituent of the S&P BSE 500. According to BSE analytics (as of May 8), shares of Jupiter Wagons Limited gained more than 28 per cent on a YTD basis. In the last 1 year, 2 years, 3 years, 5 years and 10 years, shares of the company jumped by 275.79 per cent, 672.48 per cent, 2303.52 per cent, 2121.14 per cent, and 2839.74 per cent, respectively.

Jupiter Wagons Dividend History

This year, Jupiter Wagons Limited paid a dividend of Re 0.3 in February. Last year, the company announced a dividend of Re 0.5 in September.

About Jupiter Wagons Limited

Jupiter Wagons Limited (JWL) is a provider of comprehensive mobility solutions, with diverse offerings across Freight Wagons, Locomotives, Passenger Coaches (LHB), Braking Systems, Metro Coach, Commercial Vehicles, ISO Marine Containers, and products such as Couplers, Draft Gears, Bogies, and CMS Crossings. JWL has manufacturing facilities located in Kolkata, Jamshedpur, Indore, and Jabalpur with full backward integration to its foundry operations.

RISE with India – FOLLOW ET NOW WhatsApp channel!

https://whatsapp.com/channel/0029Va7OSzxA2pL8ezY1aw1K

ET NOW WhatsApp channel gives you all Stock Market Details, Money Making Ideas, IPO News, Mutual Funds SIP News, Income Tax and other news right on your mobile screen!