Tata Group / This Tata company will give a dividend of 775%, this way you will get bumper profit

Vikrant Shekhawat : May 22, 2024, 07:56 AM
Tata Group: Shares of Tata Group are considered to be the safest investment in the stock market. It is often said by those knowing about the stock market that if any share can provide good earnings in the long term, it is the shares of Tata Group. This is also true. Check the history of all the old shares of Tata Group, you will get returns of several thousand times in them. Today we are not going to talk about the returns of Tata Group shares. Rather, today we are going to discuss the dividends given by Tata Group companies to their shareholders.

The reason for this is that Tata Group company is going to give full 775 percent dividend to its shareholders, not 50, 100, 200 or 500 percent. The name of this Tata Group company is Tata Consumer Products. However, the company's shares closed flat on Tuesday. Let us also tell you how much dividend Tata Consumer Products has announced to give to its shareholders.

Declaration of 775 percent dividend

Tata Consumer Products, the FMCG company of Tata Group, which sells everything from salt to tea, water to coffee, is going to give huge dividend to its investors. This dividend is of 775 percent. According to the information, Tata Group's FMCG company has announced a dividend of Rs 7.75 on a share with a face value of Re 1 for the financial year 2023-24.

The record date for paying dividend by the company has been kept as 24th May. If we talk about the past years, the company has increased its dividend in the last five years. In the year 2023, the company had given a dividend of Rs 8.45 per share. Whereas in 2022 this figure was seen at Rs 6.05 per share. In 2021, the company had announced a dividend of Rs 4.05 per share to the investors. In the year 2020, the company had given a dividend of Rs 2.7 to the investors.

At how much rupees did the company's shares close?

If we talk about Tuesday, the company's shares closed at flat level. According to BSE data, Tata Consumer Products shares closed at Rs 1094.30 with a decline of 0.06 percent. Whereas the company's shares opened at Rs 1099.95. This was also the high level of the company throughout the day. However, on March 7, the company's shares had also reached a 52-week high of Rs 1,269.60. Whereas on May 22 last year, the company's shares were at a 52-week low of Rs 760.20. This means that the company's shares have seen an increase of 44 percent in the last one year.

How much return has the company given in five years

  • If we talk about the last one week, the company has given a return of 0.58 percent to the investors.
  • In the last one month, the company's shares have fallen by 6.66 percent on NSE.
  • In the last 6 months, Tata Consumer shares have given a return of 17.75 percent to investors on NSE.
  • Talking about the current year, Tata Consumer shares have given investors a nominal income of 1.19 percent.
  • In the last five years, Tata Consumer's shares have seen an increase of 365.30 percent.