Dividend Stock: Titan shares in focus as Tata group firm stock trades ex dividend today

Titan Dividend, Titan Share Price, BSE, NSE: Titan shares rose on BSE on Thursday (June 27, 2024) despite the stock trading ex-dividend today.

The stock that closed trading at Rs 3372.65 in the previous session, the stock started trading at Rs 3,372.75 on Thursday.

While it hit the day's high of Rs 3,381.75, its day's low is Rs 3,363.05 on Thursday.

The Titan board had declared a Rs 11 per share dividend on May 3, 2024, for its eligible shareholder. 

It was on the same day that the company had also announced its fourth-quarter results.

The record date for the dividend was June 27, 2024. 

In a statement at that time, Titan had said, “The Board at its meeting held today, i.e. Friday, 3rd May 2024 transacted, inter alia recommended a Dividend of ₹11.00 per Equity Share of Re 1 each of the Company which shall be paid/dispatched on or after the seventh day from the conclusion of the 40th Annual General Meeting, subject to the approval of the shareholders of the Company."

Titan Share Price History

The stock of Titan has jumped by 13.54 per cent in the one-year period.

Benchmark Nifty 50, meanwhile, has risen by 27.11 per cent in the same period.