HAL stock rises as Board recommends Final Dividend for FY25
The final dividend shall be paid to the eligible shareholders within 30 days from the date of its approval in AGM.
Shares of Defence PSU, Hindustan Aeronautics Ltd (HAL) have noted a significant gain of 77.60 basis points as the board has announced the recommendation of Final Dividend of Rs 15/-per equity share of Rs 5/-each.
According to the exchange filing, this is to inform that the Board at its meeting held today has Recommended the Final Dividend of Rs. 15/- per equity share of Rs. 5/- each fully paid up (300%) for the Financial Year 2024-25. This is subject to approval of the shareholders of the Company at the ensuing Annual General Meeting (AGM).
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The final dividend shall be paid to the eligible shareholders within 30 days from the date of its approval in AGM. Record Date for the payment of Final Dividend for the Financial Year 2024-25, if approved by the shareholders in the ensuing AGM, will be Thursday, the 21st August, 2025, the filing added.
Shares of HAL were closed at Rs 4,894.70, up by 1.61% at BSE as of 3:30 pm in Friday’s session. The stock was opened today at Rs 4,835.00 and reaches intraday high of Rs 4,905.20. The dividend yield is at 0.78% with market capitalization of Rs 3.27 Lakh crore.
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