Corporate Action :
Corporate actions include mergers, acquisitions, spin-offs, issuance/declaration of dividends, share splits, bonus shares/stock issues or rights issues.
Corporate news – Any action taken by a company (by its board of directors) that has a direct impact on the company and its shareholders.
What is dividend declaration?
The dividends are payments that companies pay to their shareholders from earnings. Many companies distribute some part of their profits to shareholders in the form of dividends.
Dividend payments are a way to provide shareholders with returns on their investments. The board of directors issues a declaration stating how much money will be paid and when.
The dividend is a company's reward to its investors for their investment in the business. It is paid in cash from earnings.
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| REC Ltd. Declared ₹5 Final Dividend - Check Record Date for RECLTD IDCW |
➤ REC Ltd. Dividend Announcement 2024 :
The Board of Directors of Rural Electrification Corporation (REC) Ltd. declared an final dividend of ₹5 per equity share for the financial year 2023-24.
Rural Electrification Corporation Ltd. (RECLTD), the state-owned electric company, declared a dividend of Rs 5 per equity share on Tuesday, April 30.
REC dividend 2024 record date, REC dividend payment date
➤ REC Dividend Record Date 2024 :
The "Record Date" for the final dividend of Rural Electrification Corporation Ltd. (RECLTD) is fixed as June 28, 2024 for dividend payment purpose.
The record date is the cut-off date that helps companies determine which shareholders are eligible to receive dividend distributions.
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➤ REC Ltd. Dividend Payment Date :
The payment of the dividend to eligible shareholders will be made on Updated Soon.
The dividend payment will be paid, either in electronic or physical mode to those members whose names appear in the Register of Members or in the Register of Beneficial Owners maintained by the Depository as on June 28, 2024.
➤ REC Limited Dividend History :
Click here For see Dividend History ➤ REC IDCW History