Angel One, CESC shares gain on dividend record date; broking firm stock jumps nearly 300% in one year

On record dates of interim dividend, shares of Angel One Ltd and CESC LTD were trading with gains of over 1 per cent to 5 per cent on Tuesday. The Board of directors of Angel One Ltd had declared 3rd Interim dividend for the Financial Year 2021-22 at the rate of Rs. 7 per share on equity shares of face value of Rs. 10/- per share, as on the Record date, of the Company. The Record Date for determining eligibility of shareholders for payment of the said Interim Dividend, as declared by the Board of Directors is Tuesday, January 25, 2022. 

Shares of Angel One Ltd has given nearly 300 per cent (280%) to their shareholders in the last one year as on January 25. At 1.30 pm, shares of Angel One Ltd, formerly known as Angel Broking Limited, is an Indian stockbroker firm, were trading at 1399.45, up Rs 59.25 or 4.42%.  

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Similarly, electric utilities maker, CESC LTD's Board of Directors of CESC Ltd ('Board'), has declared an interim dividend Rs 4.50 per equity share (i.e., 450%) on the paid-up equity share capital of the Company payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners (as per particulars furnished by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited). The record date to ascertain the eligibility of members to receive the interim dividend is January 25, 2022.  

Shares of CESC LTD were trading with gains of one per cent to Rs 86.35 per share on the BSE on Tuesday.  

CESC is a power utility company with its operation spanning the entire value chain, right from mining coal, generating power, distribution of power.