Tata stock under Rs 500, dividend 2024 announcement on May 8 - Paid 200% in FY23
tata stock under rs 500, dividend 2024 announcement on may 8 – paid 200% in fy23
Tata stock under Rs 500, dividend 2024: Tata Group company Tata Power is set to declare its quarterly earnings for the January-March 2024 quarter soon. Tata Power, formerly a part of the three entities jointly known as Tata Electric Companies, is one of India’s largest Integrated Power Company.
Tata Power Q4 Results 2024
The Tata Group company last month announced that its board of directors is set to meet on May 8 to consider, approve and take on record the Audited Financial Results (both Standalone and Consolidated) of the Company for the fourth quarter of FY24.
Tata Power Dividend 2024
Along with the financial results, the Tata Power board will also recommend a final dividend, if any, for the financial year ended March 31, 2024. The company has intimated its ‘Designated Persons’ regarding closure of the Trading Window from March 25, 2024 till expiry of 48 hours from the date the aforesaid Financial Results are made public, it added.
Tata Power Dividend History
Part of the salt-to-aviation diversified group, the power generation company has a good track record of paying regular dividends to its shareholders. For the financial year ending 2023, the company paid a 200 per cent dividend, which translates to Rs 2 per share on a face value of Re 1.