Indo National dividend: Board announces 100% payout

Indo National dividend: Indo National's board on Tuesday announced a dividend of Rs 5 per equity share of face value Rs 5 per equity share i.e., 500 per cent to its shareholders. 

"A dividend of Rs.5/- per share (100%) for the financial year ended 31st March 2023 was recommended by the Board," the Chennai headquartered company regulatory filing said. 

Indo National dividend history 

Source: NSE

Indo National dividend share price history 

Indo National's stock has given a negative return of over 6 per cent in the last year (May 23, 2022). In comparison, the headline index Nifty 50 has rallied 13 per cent.

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