Dividend Stock: Government company Bharat Petroleum Corporation Limited is giving a dividend of Rs 21 on one share to its investors. The company is trading in the stock market today as an ex-dividend stock. Let us tell you, the government's stake in the company is 53 percent. At the same time, the public share is 10 percent.
The company is continuously paying dividends
The company has informed the stock exchanges that Rs 21 will be distributed on every share. For which the fixed record date is today i.e. 12th December 2023. Let us tell you, earlier the company had given a dividend of Rs 4 on one share in the month of August.
How is the company's performance in the stock market?
In early trade on Tuesday, the company's shares were trading at Rs 447.35 with a rise of 0.55 percent. During the last month, the company's share prices have seen an increase of 16 percent. At the same time, during the last 6 months, the share price of Bharat Petroleum Corporation Limited has increased by more than 23 percent.