Southern Gas Ltd. is going to trade ex-dividend for the 20th time. The company has announced a dividend of ₹50 per share,
and it has fixed 19 September as the record date. Investors whose names appear in the company’s records on this date will receive the dividend.
Dividend History
Southern Gas Ltd. gave its first dividend in 2002, when it distributed ₹25 per share. In 2024, the dividend increased to ₹50 per share.
Since 2021, the company has been consistently paying ₹50 per share as dividend.
Stock Market Performance
On Friday, the shares of Southern Gas Ltd. hit a 5% upper circuit and closed at ₹25 on BSE.
According to BSE data, the company’s stock has gained over 10% in the last one year.
Its 52-week high is ₹25, while the 52-week low is ₹23.81. The company’s market cap currently stands at ₹0.06 crore.
Shareholding Pattern
During the June quarter, the promoter’s stake in the company was 66.80%, while the public held 33.20%.
In the March quarter, promoter holding was slightly lower at 66.76%, and public holding was 33.24%. This means promoters increased their stake in the latest quarter.
