Rs 9/Share Dividend: Large Cap Diversified Company Sets Record Date For Dividend

Mukesh Ambani's Reliance Industries Ltd declared August 21, 2023 as the record date for final dividend for the financial year 2022-23. Last trading price of Reliance Industries share is Rs 2510.15 apiece with intraday jump of 1.42%. RIL shares offered return of 17% in last 6-months. In last 2-years, Reliance Industries stock soared 29%. Check details below:

Reliance Industries Declares Record Date For Dividend: According to the exchange filing of Reliance Industries dated August 4, 2023, "the "Record Date" for the purpose of determining the Members eligible to receive dividend for the financial year 2022-23. The dividend, if declared at the AGM, will be paid within a week from the conclusion of the AGM."

RIL Recommended Rs 9/Share Dividend: As per its earlier BSE filing dated July 21, 2023, "The Board of Directors has recommended a dividend of Rs 9 per fully paid-up equity share of 10 each for the financial year ended March 31, 2023. This payment of the dividend is subject to the approval of members of the Company at the ensuing Annual General Meeting of the company," the company said in an exchange filing."

Reliance Industries Dividend History: Reliance Industries Dividend History: RIL declared 25 dividends since April 26, 2001. At the current share price of Rs 2510.15, it offers a dividend yield of 0.32%, according to Trendlyne.

Reliance Industries Stock Performance & Return: Last trading price of Reliance Industries stock is Rs 2510.15 per share on BSE. Its 52-week high price is Rs 2635.17 per share and 52-week low price is Rs 2012.14 apiece, respectively. The company has a market capitalisation of Rs 16,98,270.74 crore. RIL shares jumped 26% in last 3-years and soared 132% in last 5-years.

Reliance Industries Financial Performance: The company for the quarter ended June 30, 2023 declared its consolidated total income at Rs 211,372.00 crore, down 2.08% as compared with its preceding quarter total income of Rs 215,863.00 crore. It announced its net profit after tax in latest quarter at Rs 18,182.00 crore.

About: Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. In 2023, RIL ranked #88 on Fortune Global 500 list and emerged as top-ranked Indian company, according to its official website.

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