NTPC Dividend: Major public sector power generation company NTPC is going to give dividend to its investors. In the board meeting of NTPC held on October 24, it announced an interim dividend of 25 percent i.e. Rs 2.50 for each share with face value of Rs 10 for investors. Let us tell you that this dividend given by the company will be the first interim dividend of the current financial year. NTPC has also announced the record date for payment of dividend. The company has fixed October 31 as the record date for dividend.
Dividend money will come to account on November 19
The company’s shares will trade ex-dividend on Thursday, October 31. That means, you will not get the benefit of dividend on shares purchased on October 31. If you want to take advantage of this dividend of NTPC, then today is your last day. Actually, the dividend will be paid to the shareholders according to the number of shares they hold in the company’s record books on October 31. NTPC had said in an exchange filing that the dividend money will be deposited in the bank accounts of investors on November 19.
A decline is being seen in NTPC shares on Wednesday.
At 02.34 pm on Wednesday, NTPC shares were trading at Rs 408.55, down Rs 3.70 (0.90%). The company’s shares, which closed at Rs 412.25 on Tuesday, opened with a rise today at Rs 415.85, which is also its intraday high today. On Wednesday, the shares of the company have reached an intraday low of Rs 406.00. Let us tell you that 52 week high of NTPC shares is Rs 448.30 and 52 week low is Rs 232.20. The current market cap of the company is Rs 3,96,011.84 crore.
