Dividend news: Sugar maker's board announces Rs 10 per share payout
Dividend Stocks: Indian equity benchmarks Nifty 50 and Sensex started the trading week on a positive note on May 8 tracking gains across a majority of markets globally, after positive data from the US eased concerns about a slowdown in the world's largest economy.
Avadh Sugar dividend: Avadh Sugar & Energy Ltd on Monday announced a dividend of Rs 10 per equity share of Rs 10 each i.e., a 100 per cent dividend to its shareholders for the year ended March 31, 2023.
"The Board of Directors has also recommended a dividend of Rs. 10/- per equity share of Rs.10/- each for the year ended March 31, 2023, subject to the approval of the Shareholders," the sugar company's regulatory filing said.
Avadh Sugar dividend history
(Source: NSE)
Avadh Sugar share price NSE, Avadh Sugar share price history
Shares of Avadh Sugar & Energy Ltd, NSE: AVADHSUGAR zoomed over 6 per cent on NSE post Q4 result announcement. Avadh Sugar shares have given a negative return of nearly over 20 per cent in the last year, a time period in which the headline index Nifty 50 has gained 12 per cent.
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