Rs 55 Per share Dividend Announced by this PSU stock.

Rs 55 per share Dividend Announced by this PSU stock.

Public sector undertaking (PSU) from the refineries industry Chennai Petroleum Corporation today declared a massive equity dividend (final) of Rs 55/- per equity share for the financial year 2023-24

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This is the highest dividend declared by this stock after 2023

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This stock gave 309% returns in just one year.

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This dividend is paid in 30 days after the dividend date declaration.

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The company announced an attractive surge of 71.9% in its Q4 FY 2024 net profit to Rs 627.89 crore as compared to Rs 365.28 crore

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The PSU announced its total income at Rs 20,826.44 crore for the quarter ended March 31

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The 52-week high price of Chennai Petroleum Corporation shares on BSE is Rs 1083.00 per share (as of 24/04/2024) and the 52-week low price is Rs 256.90 per share (as of 25/04/2023)

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Disclaimer This story is only for education purposes, not investment Advice.

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