Investors looking for dividend stocks have an important date to watch this month. The Yamuna Syndicate has announced a massive dividend of ₹500 per share for eligible shareholders.
The stock was also in focus on Friday after hitting the 5% upper circuit. Following the rise, Yamuna Syndicate shares reached ₹28,540 on the BSE.
Yamuna Syndicate Dividend Record Date
The company has fixed August 17 as the record date for its ₹500 per share dividend. Investors who are eligible as per the record date will receive the dividend.
The stock is scheduled to trade ex-dividend on August 14. Investors tracking the dividend should keep these important dates in mind.
Company Has a Strong Dividend History
This is not the first time Yamuna Syndicate has announced a large dividend. The company also paid ₹500 per share to eligible shareholders in 2025.
In 2024, shareholders received a dividend of ₹400 per share, while the company paid ₹325 per share in 2023.
This shows that the company has maintained a history of paying sizeable dividends to its shareholders in recent years.
How Has Yamuna Syndicate Stock Performed?
Yamuna Syndicate shares have gained around 13% over the past six months. However, the stock has faced pressure over a longer period and has declined around 24% in the past year.
The company’s 52-week high on the BSE stands at ₹38,600, while its 52-week low is ₹24,800.05. Its market capitalisation is around ₹877 crore.
Over the past two years, the stock has fallen about 46%. However, investors who bought the shares three years ago are sitting on gains of around 97%. Over five years, the stock has risen approximately 42%.
Promoters Hold Nearly 75% Stake
Promoters currently hold a 74.87% stake in Yamuna Syndicate, while public shareholders own the remaining 25.13%.
The company’s shareholding pattern has remained largely unchanged for several quarters.
