Housing & Urban Development Corporation Ltd declares interim dividend of Rs. 0.75

The Board of directors of Housing & Urban Development Corporation Ltd in its meeting held on 14th March, 2023 i.e., today, has approved the payment of interim dividend for the financial year 2022-23 @ 7.5%, Rs. 0.75/- per equity share of Rs. 10/- each. Further, the Record date of Wednesday, 22nd March, 2023, fixed for determining the eligibility of shareholders for payment of Interim Dividend for the financial year 2022-23 has been confirmed by the Board of Directors in the aforesaid meeting.

Further, the matter relating to Annual Resource plan / programme for raising of funds through issue of bonds / debentures, as may be permitted by the regulatory authorities from time to time during the financial year 2023-24 up to a maximum of Rs. 18000 crores, has also been approved by the Board.

The process for payment of Interim Dividend will be completed within 30 days of its declaration.

Shares of Housing & Urban Development Corporation Limited was last trading in BSE at Rs. 46.26 as compared to the previous close of Rs. 47.57. The total number of shares traded during the day was 296214 in over 851 trades.

The stock hit an intraday high of Rs. 48.13 and intraday low of 46.00. The net turnover during the day was Rs. 13906120.00.

Source : Equity Bulls

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HousingandUrbanDevelopmentCorporation INE031A01017 HUDCO InterimDividend FY2023