Dr Lal Pathlabs dividend 2024: Shares to trade ex-date for Rs 6 dividend soon - Check details

Dr Lal Pathlabs dividend 2024: The board of directors of diagnostic services provider Dr Lal PathLabs Ltd has declared an interim dividend of Rs 6 per equity share (or 60 per cent on a face value of Rs 10 each) for the financial year 2024-25.

"Declaration of 2nd Interim Dividend of INR 6/- per equity share (@ 60% on a face value of INR 10/- each) for the financial year 2024-25," the company said in an exchange filing. 

Dr Lal Pathlabs dividend 2024 - Record Date

The company has also fixed the record date for the purpose of payment of the interim dividend. According to an exchange filing, the record date for this corporate action is August 20, 2024. 

A record date is important as it helps the company to identify the eligibility of investors for a corporate action.

"The record date for the purpose of payment of 2nd Interim Dividend shall be November 5, 2024," the company said.

Dr Lal Pathlabs dividend 2024 - Payment Date

According to the company, the interim dividend will be credited within 30 days of its declaration.

Dr Lal Pathlabs Share Price

The counter closed at Rs 3252.50 today, a fall of 1.96 per cent from the previous close of Rs 3,317.45 on the BSE. 

Earlier, the counter opened in red at Rs 3,290.20 and gained to touch the intra-day high of Rs 3,336.85. The 52-week high of the stock is Rs 3,645 and the 52-week low of the counter is Rs 1,943.20.

Dr Lal Pathlabs Share Price History

The counter has given a positive return of 33.31 per cent in one year and a return of 26.93 per cent in two years. The counter has surged around 26 per cent so far this year.

Meanwhile, stock markets declined for the third straight day on Wednesday due to profit-taking in auto, pharma and capital goods shares amid relentless foreign fund outflows.