HUDCO Dividend 2024: PSU announces interim dividend of Rs 1.50 - Check payment and record date

HUDCO Dividend 2024 Record Date, HUDCO Dividend Payment Date: Housing and Urban Development Corporation Ltd (HUDCO) has announced an interim dividend of Rs 1.50 or 15 per cent per equity share for the financial year 2023-24.

“The Board of Directors in their meeting held on 20" March, 2024 i.e., today, has approved the declaration of Interim Dividend for the financial year 2023-24 15%, Rs. 1.50 per equity share of Rs. 10/- each,” the company said in the statement.

HUDCO Dividend 2024 Payment Date

The company said that the process of payment of interim dividend would be completed within 30 days of its declaration.

HUDCO Dividend 2024 Record Date

The PSU firm has already announced the record date for determining the eligibility of the shareholders for the payment of interim dividends if announced by the company. According to the company, March 29 will be the record date. However, it is subject to the approval of the board of directors.

HUDCO Dividend History

Earlier, the company announced an interim dividend of Rs 3.10. Here's the dividend history:

HUDCO share price performance

The last trading price of Housing & Urban Development Corporation Ltd shares on the BSE is Rs 177.20 per share with an intraday gain of 4.47%. Shares of the company, which has a market capitalisation of Rs 35,473.67 crore, have a 52-week high of Rs 226.95 and a 52-week low of Rs 40.50. 

HUDCO shares offered a return of 292 per cent in the last one year and 143 per cent in the last 6-months. In the last two-years, HUDCO stock has given a multibagger return of 402 per cent.

Earlier, the company reported a more than two-fold rise in standalone profit after tax to Rs 519.19 crore in the three months ended December 2023. Revenue from operations in the latest December quarter increased 18 per cent to Rs 2,012.66 crore.