Oberoi Realty Q4 dividend: Real estate firm announces Rs 2 per share dividend, check payment date

On Tuesday, May 14, the board of Oberoi Realty, recommended a final dividend of Rs 2 per equity share for FY24, according to a stock market disclosure. This is subject to the company's shareholders' approval.

"Recommended a final dividend of Rs. 2 (Rupees Two only) per equity share i.e. 20% of the face value of equity share of Rs.10 each for the financial year ended March 31, 2024. The said dividend, subject to the approval of the members of the Company, shall be paid starting from the fifth day from the conclusion of the ensuing Annual General Meeting. The record date w.r.t. said final dividend shall be intimated in due course," the company said in a BSE filing.

Oberoi Realty, part of the Nifty Realty index, has also announced its financial results for the fourth quarter ended on March 31, 2024, along with a dividend announcement. 

Meanwhile, shares of Oberoi Realty closed at Rs 1,521.45 per share, up 2.54 per cent on BSE today, May 14.