Rs 1.50/Share Dividend: Midcap Stock Declares Interim Dividend, Turning Ex-Dividend On Aug 10

Vaibhav Global Ltd. today informed the exchange that the Board of Directors of the company declared an interim dividend of Rs 1.50/share on the face value of Rs 2/share for the financial year 2023-24. The declared is set to trade ex-dividend on Thursday, Aug 10, 2023.

Vaibhav Global is a Midcap Consumer Durable sector company. The market cap of the company is Rs 5,797.90 Crore.

"Declared the Interim Dividend of Rs. 1.50/‐ per Equity Share (on the face value of Rs. 2/‐ per Equity Share) for the financial year 2023‐24. The Record Date for determining the entitlement of the shareholders for the payment of aforesaid interim dividend shall be Thursday, 10th August, 2023 and Interim dividend shall be paid/dispatched to the equity shareholders of the Company within 30 days from the date of declaration," the company's Board said in an exchange filing.

The stock closed today at Rs 351.05 per share on BSE with an intraday high of Rs 359.70 per share and an intraday low of Rs 346.20 per share. Its 52-week high is Rs 418 per share and its 52-week-low is Rs 268.60 per share.

It has given 3.13% positive return in 1 week. In 1 month, it gained 14.13%, while in 3 and 6 months, it gained 10.57% and 17.47%, respectively. It has delivered 8.47% positive return in 1 year, and 56.78% negative return in 2 years. In 3 and 5 years, it gave 31.26% and 152.94% positive returns, respectively.

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