Rs 4.95 interim dividend: Ashok Leyland fixes record date - Check details

Ashok Leyland Dividend 2024, Ashok Leyland Dividend 2024 Record Date: Automotive manufacturer Ashok Leyland has announced an interim dividend, for the financial year ending 2023-24. According to an exchange filing, the board of directors of the company has approved an interim dividend of Rs 4.95 per equity share of Re 1 each.

"The Board of Directors of the Company, at their meeting held today, has declared an Interim Dividend of Rs. 4.95/- per equity share of Re. 1/- each, for the financial year ending 2023-24," the filing reads.

Ashok Leyland Dividend 2024 Record Date

Hinduja Group flagship company Ashok Leyland has also fixed the record date for this corporate action. A record date is important as it helps the company to determine the eligibility of shareholders for the corporate action.

According to the company, April 3 is the record date for this corporate action. This means the shares of the company will trade ex-date on April 3.

Ashok Leyland Dividend 2024 Payment Date

The company has also informed exchanges that the eligible investors will get the interim dividend on or before April 3. 

"The Record date for the purpose of determining the Members eligible to receive Interim Dividend is Wednesday, April 3, 2024. The said interim dividend, would be paid, on or before April 23, 2024," the filing reads.

Ashok Leyland Dividend History

Earlier, the company paid a dividend of Rs 2.60 in 2023. Here's the history of Ashok Leyland Dividend.

Ashok Leyland Share Price 

Meanwhile, the counter opened in green and started the trading session at Rs 167.25. Last seen, it was trading at Rs 169.25.

According to BSE analytics, shares of the company have given a positive return of 22.97 per cent in one year and over 49 per cent in two years. The counter has appreciated 96 per cent in the last 5 years.