By soumyaranjanb447 Rs 8.1 Profit: A multibagger BSE 500 stock has declared a interim dividend of Rs 8.1 per share for the continuous financial year. The Delivery organization fixed the record date as February 3 and the payment date as February 20.
Rs 8.1 DIVIDEND :
multibagger BSE 500 stock has declared an in-between time profit of Rs 8.1 per share for the continuous monetary year. The Delivery organization fixed the record date as February 3 and the installment date as February 20.
The organization under survey is Great Eastern Delivery (GE Transportation). GE Delivery transports unrefined petroleum, oil based goods, gas, and dry mass items. The organization likewise offers seaward types of assistance to oil organizations.
GE Shipping Dividend : Announcement “Declared an interim dividend of Rs. 8.10 per share to the equity shareholders of the Company,” said the company in its exchange filing.
Companies pay dividends to share their profits with shareholders, giving them a return on their investment. It’s also a sign of financial health and stability, which can attract investors looking for steady income. For more established companies with fewer growth opportunities, dividends are a way to use excess cash. Regular dividends can help keep shareholders happy, even if stock prices fluctuate. However, companies focused on growth or dealing with financial challenges might cut or skip dividends.
GE Shipping Dividend Record Date
GE Shipping’s board of directors have fixed the record date as February 3, 2025.
GE Shipping Payment Date
Regarding the payment of the dividend, GE Shipping said, “The interim dividend will be paid to the shareholders on or after February 20, 2025.”
GE Shipping Share Price
GE Shipping shares on Wednesday, January 29 traded at Rs 929.55 apiece, up 2.39% from previous close.
A constituent of BSE 500, GE Transportation orders a market capitalisation of Rs 13,660 crore, as of the ongoing business sector cost.