HAL Dividend 2024: Largecap defence PSU to trade ex-date soon - Do you own? Check dividend amount and other details

HAL Dividend 2024, HAL Share Price Target: HAL, a multibagger stock, has already fixed the record date and payment date for this corporate action.

HAL Dividend 2024, HAL Share Price Target: In an exchange filing, the company said that its board has recommended a dividend of Rs 13 or 260 per cent for stock having a face value of Rs 5 each.

HAL Dividend 2024, HAL Share Price Target: The company has also fixed August 21 as the ex-date and record date to determine the eligibility of the shareholders for the payment of the final dividend.

HAL Dividend 2024, HAL Share Price Target: "Record Date for the payment of final dividend for the financial Year 2023-24 will be Wednesday, the 21st August, 2024," HAL had said in a filing.

HAL Dividend 2024, HAL Share Price Target: Earlier to this, HAL had in February this year paid a dividend of Rs 22.

HAL Dividend 2024, HAL Share Price Target: The counter ended the session at Rs 4769.20 i.e. a gain of 2.31 per cent from the previous close of Rs 4661.35. 

HAL Dividend 2024, HAL Share Price Target: Jefferies has maintained a 'buy' rating with a target price of Rs 5,725 for HAL shares.

HAL Dividend 2024, HAL Share Price Target: As of August 17, HAL shares have rewarded investors with a 145 per cent return.

HAL Dividend 2024, HAL Share Price Target: HAL's consolidated net profit increased 76.5 per cent to Rs 1,437.1 crore while revenue grew 11 per cent to Rs 4,347.5  crore for the quarter ended June 30.