Bajaj Finance share dividend 2023: Company declares 1500% dividend - check record date and ex-date

Bajaj Finance Dividend Record Date 2023: Bajaj Finance has announced to pay dividends to its shareholders. According to an exchange filing, the board has declared to pay the second interim dividend of the current fiscal.

According to the filing, the Board of Directors has recommended a dividend of Rs 30 per equity share of face value of Rs 2 (1500%) for FY23. Last year, it had announced a dividend of Rs 20 per equity share of face value of Rs 2 each.

Bajaj Finance Dividend 2023 Record Date 

The company has also fixed the record date for determining the eligibility of shareholders for the payment of dividend. Bajaj Finance dividend record date is June 30, 2023.

Bajaj Finance Dividend 2023 Payment Date 

The dividend will be credited directly in the bank account of the shareholders. The company said that the dividend will be paid to the shareholders on/before July 28 or July 29. 

Bajaj Finance Q4 results 

The company recorded a rise of 30 per cent in its net profit, as it stood at Rs 3,158 crore for the quarter ending in March. The profit was Rs 2,419.51 in the same quarter a year ago 

The company’s revenue from operations of the financial services firm also witnessed a growth of 24 percent to Rs 11,359.59 crore from Rs 8,626.06 crore in the year-ago quarter. There has been a considerable rise in the net interest income and fall in the operating expenses and the non-performing assets. 

Bajaj Finance Share price

Shares of Bajaj Finance Ltd settled 0.30 percent lower at Rs 6,057.00 per piece on the NSE on Wednesday, ahead of its March quarter results. The stock touched a 52-week high of Rs 7,777 on September 22, 2022 and 52-week low of Rs 5,235.6 on June 17, 2022.

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