HAL dividend 2023: 200% dividend announced - check amount and record date
HAL Dividend 2023: The Indian aerospace and defence companys board has declared its second interim of Rs 20 per equity share with a face value of Rs 10 (200 per cent).
HAL Dividend 2023: Hindustan Aeronautics Ltd (HAL) shares eked out gains to the tune of almost two per cent on Friday, shrugging off market-wide weakness on Dalal Street triggered by a global sell-off owing to fears of higher-for-longer interest rates. The Indian aerospace and defence company's board has declared its second interim dividend of Rs 20 per equity share with a face value of Rs 10 (200 per cent).
"The Board of Directors of the Company has, inter-alia, declared second interim dividend of Rs 20 per equity share of Rs. 10/- each fully paid up 200% for the Financial Year 2022-23," the filing said.
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HAL Dividend 2023: Record date
The Bengaluru-headquartered company has fixed the record date for the payment of the interim dividend. March 20 is the fixed record date.
A record date determines the shareholders eligible to benefit from corporate action such as a dividend payout. "As informed earlier, Record date for the payment of second interim dividend will be Monday, the 20th March, 2023, " according to the filing.
HAL Dividend History
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