HAL dividend: Board meets today to consider payout for FY23-24

HAL dividend 2024 announcement: Hindustan Aeronautics (HAL) shares remained in focus on Wednesday, June 26 ahead of the scheduled board meeting today of the Defence PSU to consider the payment of the final dividend for the financial year 2023-24. In morning deals, HAL shares traded 0.7 per cent lower at Rs 5,334.15 on NSE. 

“This is to inform that the Board of Directors of the Company in its meeting scheduled to be held on Wednesday, the 26th June, 2024 will consider, inter-alia, the recommendation of final dividend for the financial year 2023-24,” said HAL in a filing dated June 19 to the exchanges.

HAL dividend history 

In the past 12 months, Hindustan Aeronautics has declared an equity dividend amounting to Rs 37 per share, as per data available on Trendlyne.

HAL dividend yield

At the current share levels, Hindustan Aeronautics' dividend yield is 0.69 per cent.

HAL stock performance

HAL shares have rewarded investors with a return of over 190 per cent in the past 12 months. The company's shares have jumped almost 90 per cent on a year-to-date (YTD) basis.

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