For stock market investors interested in earning dividends, there’s a significant opportunity right now.
Yamuna Syndicate shareholders are set to receive a large dividend of Rs 400 per share, but time is running out to take advantage of this offer.
Important Record Date
Today, August 23, is the record date for the dividend. This means that the stock is trading ex-dividend today.
Only investors who are registered as shareholders by the end of today will be eligible to receive the dividend.
If you want to get the Rs 400 dividend per share, you need to act quickly.
High Share Price
The share of Yamuna Syndicate Limited is currently quite expensive. To buy one share, you’ll need to spend over Rs 56,000.
This afternoon, the share was trading at Rs 56,000.75, up by 0.40%. At one point during today’s trading, the share price even exceeded Rs 58,000.
Impressive Stock Performance
Over the past year, Yamuna Syndicate’s stock has shown impressive growth. The 52-week high is Rs 69,999, and the lowest level in the past year was Rs 16,100.
In the past five days, the stock has gained about 4%, and in the last month, it has increased by over 6.5%.
Over the last six months, the stock has doubled in value, making it a multibagger, and in the past year, it has provided a return of approximately 225%.
