Aster DM Healthcare dividend: Rs 118 special dividend announced - Check record date, payment date

Aster DM Healthcare dividend 2024, Aster DM Healthcare dividend 2024 Record Date: Hospital chain Aster DM Healthcare has informed exchanges that its board of directors has approved a special dividend for its shareholders.

Aster DM Healthcare Dividend 2024

According to the exchange filing, the company has approved the declaration of a special dividend of Rs 118 per share.

"Following deliberations, the Board of Directors approved declaration of a Special Dividend of INR 118/- per share on account of the receipt of proceeds from the sale of the GCC business and redemption of Redeemable Preference shares issued to the Company by Affinity Holdings Pvt Ltd , a wholly owned material subsidiary of the Company, on 49,95,13,060 equity shares of INR 10/- each payable to those shareholders whose names stand on the Register of Members of the Company as on the Record Date," the company said in an exchange filing.

 Aster DM Healthcare Dividend 2024 Record Date

Shareholders whose names will appear on the Register of Members of the Company on the record date will be eligible for this special dividend. According to the exchange filing, the record date for this purpose has been fixed as April 23.

"Tuesday, April 23, 2024 has been fixed as the Record Date for determining entitlement of the shareholders to special dividend," the filing reads.

Aster DM Healthcare Dividend 2024 Payment Date

The company has also announced that the special dividend will be paid within 30 (thirty) days from the date of the declaration.

Aster DM Healthcare Share Price NSE

Shares of Aster DM Healthcare Limited ended the session on Friday at Rs 487,  around 2.47 per cent higher than the previous close of Rs 475.25.

Meanwhile, investors' wealth on Friday plunged by Rs 2.52 lakh crore as the benchmark Sensex tanked 793.25 points due to heavy selling after a recent record-breaking rally.