Tata Power Dividend 2024, record date: BIG announcement in Q4 result
tata power dividend 2024 record date ex date payment date announcement amount q4 results 2024 share price
Tata Power Dividend 2024: Tata Power, a Tata stock from power sector, is all set to reward its investors by paying dividend on each equity share. Tata Power will announce the dividend amount in its Q4 quarterly result results (Q4FY2024).
Tata Power is a Tata Group company. Tata Power is engaged in the business of the generation, transmission and distribution of electricity.
Tata Power Dividend 2024 Date
Tata Power has informed through an exchange filing that its board will consider recommending dividend for shareholders in the quarterly result. Tata Power board meeting is slated to take place today.
Tata Power Q4 Results Date
“Tata Power has informed BSE that the meeting of the Board of Directors of the company is scheduled on May 8 to consider and approve the audited financial results and to recommend dividend, if any, for the financial year ended March 31, 2024,” according to a company statement on BSE.
Tata Power Dividend 2024 Record Date
If Tata Power declares dividend, then it will be paid to shareholders subject to their eligibility on the record date. Tata Power could announce the dividend record date along with amount. There is, however, no official word from the company on the record date.
Tata Power Dividend History
According to BSE website, Tata Power had in June 2023 paid a dividend of Rs 2 on each stock to its investors. In 2022, the Tata Group company had rewarded its investors by paying a dividend of Rs 1.75 on each stock. In 2021 and 2020, the company had paid a dividend of Rs 1.55 in each year.
Tata Power Share Price History
Tata Power is a constituent of S&P BSE 100. Tata Power is one multibagger stocks from Tata Group. According to BSE analytics on May 7, Tata Power shares have delivered a positive return of 75 per cent in the last 6 months. The Tata stock has delivered a multibagger return of 118 per cent in the last one year.
In the last three and five years, Tata Power shares have delivered a whopping return of 325 per cent and 577 per cent, respectively, on each stock to its investors, as per exchange data.
Tata Power has a market cap of Rs 1,39,412.66 crore, as per BSE website.
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)