Dividend stock: ESAB India's board to meet today to consider dividend proposal

ESAB India dividend, ESAB India board meeting: ESAB India's board of directors is scheduled to meet today, March 27, to consider the proposal for the declaration of its second interim dividend, if any, for the financial year 2023–24.

"We would like to inform you that a meeting of the Board of Directors is scheduled to be held on 27th March 2024, to consider and declare a second interim dividend, if any, to the equity shareholders of the company for the financial year ending 31st March 2024. ," the welding and cutting equipment and consumables company said in its regulatory filing dated February 29.

ESAB India dividend record date

The company has fixed April 5 as the record date for the payment of the second interim dividend, if announced.

ESAB India dividend history

In the past 12 months, Esab India Ltd. has declared an equity dividend amounting to Rs 52 per share, as per data on Trendlyne.

ESAB India share price history

The 52-week high and low for the stock are Rs 6,542.65 (on November 12, 2024) and Rs 3,221.35 (on April 26, 2023), respectively, on the NSE.

ESAB India shares: Past performance

The stock has rewarded investors with a return of nearly 50 per cent, outperforming the benchmark index Nifty 50, which has rallied over 30 per cent in the last 12 months.

The stock has zoomed over 450 per cent in the last five years. The company's market capitalisation stood at Rs 8,125.13 crore, as per data available on BSE.

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