Maharatna PSU offers a fantastic 45% dividend; you can track when the funds will be sent into your account; within a year, the stock returns amount to 260%.
Maharatna PSU REC Dividend Stock: REC has declared the third interim dividend of Rs 4.5 per share for the financial year 2023-24 to the stock market. The REC stock has been a multibagger for investors. The stock has received about 260 percent returns in a year.
Maharatna PSU REC Dividend Stock: The government’s Maharatna company REC Limited has announced the third interim dividend for the financial year 2023-24. REC told the stock exchange on Tuesday (March 19) that it will pay an interim dividend of 45 percent per equity share to shareholders. The REC stock has been a multibagger for investors. The stock has received about 260 percent returns in a year. On Tuesday, the selling pressure in the market remained on Maharatna PSU stock and it fell more than 2.5 percent in the trading session.
REC Dividend: Rs.4.5 per share dividend
Maharatna PSU REC has declared a third interim dividend of Rs 4.5 per share for the financial year 2023-24 to the stock market. The face value of the stock is 10 rupees. Thus, investors will earn a profit of 45 per cent per share from the interim dividend. The record date for dividend payment is 28th March 2024. The dividend will be paid on or before April 17, 2024.
REC Share Price History