This is a great opportunity for investors who focus on dividend-paying companies.
Accelya Solutions India Ltd is set to trade as an ex-dividend stock next week.
The company will pay a dividend of Rs 40 per share, marking the second time this year it is trading ex-dividend.
Important Date: Record Date for Dividend
Accelya Solutions India Ltd has informed the stock markets that it will distribute a dividend of Rs 40 per share.
The record date for this dividend is Friday, October 4, 2024. Only those investors who hold shares on this date will be eligible to receive the dividend.
Earlier this year, on January 29, Accelya Solutions traded ex-dividend and paid a dividend of Rs 25 per share.
The company first started paying dividends in 2007.
Stock Performance and Shareholding
In the past year, Accelya Solutions’ stock has risen by 16%.
Over the last six months, the stock price has increased by more than 7%, and in the past month, it has gained 3.5%.
The stock’s 52-week high on the BSE is Rs 2128.25, while the 52-week low is Rs 1308.80.
The company’s market cap currently stands at Rs 2759.42 crore.
Promoters hold 74.66% of the company’s shares, while the public owns 24.41%.
Foreign Institutional Investors (FIIs) have reduced their stake to 0.28% as of June, down from 0.39% in the April quarter.
