If you invest in the stock market then there is good news for you. Shares of many companies have given good returns to investors. Apart from this, there are many companies in the market, which are also giving good dividends to their investors. Let us tell you that recently many companies have announced to give dividends to investors. In which Anil Aggarwal’s mining company Vedanta is also included. Today we will tell you why companies give dividend to their investors and in which account it comes.
What is dividend?
Dividend is the payment that a company makes to its shareholders. When you own shares that pay dividends, you are paid a share of the company’s profits. Let us tell you that the shareholders of the company paying the dividend are eligible as long as they have the dividend before the pre-date. For example, let us understand that many companies can distribute a part of their profit among their shareholders and this part distributed from the company’s profit is called dividend. For example, if a company has 500 shares and that company declares a dividend of ₹ 10 per share, then you will get a total dividend of ₹ 5000 on 500 shares.
how to check
The number of shares you hold after the company declares dividend. You get dividend accordingly. The dividend money comes directly into your bank account, which you had given while opening the demat account. Therefore, you can check the statement of that account after the company’s announcement date.
Vedanta investors get 1100 percent profit
Anil Aggarwal’s company Vedanta is now paying its fourth dividend. Let us tell you that the board meeting of the company was held on December 18, in which the second dividend for the shareholders for the financial year 2024 was approved. The company has declared interim dividend of Rs 11 per share at the face value of Re 1. The company had fixed the record date as December 27. This means that investors will get a profit of 1100 percent.
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