Tata Elxsi Dividend 2024: Tata Elxsi Limited has announced a whopping 700 per cent dividend payment on each stock 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.

This TATA company is one of the world’s leading design and technology service providers across industries, including Automotive, Broadcast, Communications, Healthcare, and Transportation.

Tata Elxsi Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 700 per cent dividend translates into Rs 70 per equity share on the face value of Rs 10.

"The Board of Directors has recommended a dividend of 700% at Rs. 70/-, per equity share of Rs. 10 each, for the financial year 2023-24," the Tata company said in an exchange filing.

Tata Elxsi Dividend 2024 Ex-Date

Tata Elxsi Limited has set June 25 as the ex-date for the final dividend.

Tata Elxsi Dividend 2024 Record Date

According to the BSE website, Tata Elxsi shares will turn ex-date on June 25 (Tuesday). The company has fixed the book closure date from June 26 to July 10.

Tata Elxsi Dividend 2024 Payment Date

Tata Elxsi Limited has not yet announced the payment date as of now.

Tata Elxsi Dividend Yield

At the current market price, the dividend yield of Tata Elxsi is 0.96 per cent.

Tata Elxsi Dividend History

Last year, Tata Elxsi paid a dividend of Rs 60.6 in June. In 2022, the company announced a dividend of Rs 42.5. In 2021, the Tata company declared a dividend of Rs 48 i.e. Rs 24 final dividend and Rs 24 special dividend.

Tata Elxsi Share Price History

Tata Elxsi is a component of the BSE 200. According to BSE analytics (as of June 24), shares of Tata Elxsi Limited gained by 0.23 per cent and 2.01 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month and 3 months, shares of the company fell by 1.24 per cent and 4.97 per cent, respectively. On a YTD basis, shares of the company have fallen by 16.74 per cent. In the last 1 year and 2 years, shares of the company reported down by 2.66 per cent and 6.49 per cent, respectively. However, in the past 3 years, 5 years, and 10 years, shares of the company climbed by 94.83 per cent, 755.20 per cent, and 2486.24 per cent, respectively.

(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.)

2024-06-25T02:06:00Z dg43tfdfdgfd