look news india
A very wonderful and big news is coming for the investors investing in the stock market. Well-known company of the country Hindustan Composites Giving the biggest gift ever to its shareholders, it has announced a bumper dividend. According to this announcement which came after the market closed, the company will give its investors Rs. Special Interim Dividend of Rs 21 Going to give. This is considered to be the biggest dividend announcement ever in the history of the company, due to which there is tremendous enthusiasm among the investors.
Bumper dividend of 420 percent and amount received by investors
According to official information given to the market regulator, in the meeting of the board of directors of the company for the financial year 2026-27 Special interim dividend of 420 percent Has been approved. Since the face value of the company’s shares is Rs 5, an amount of Rs 21 per share will come to the investors’ account at the rate of 420% on a Rs 5 share.
If we understand this with simple mathematics, if an investor has 100 shares of this company, then he will get a total direct benefit of Rs 2,100. At the same time, investors holding 500 shares will get Rs 10,500 and those holding 1,000 shares will get Rs 21,000 as dividend. Record date decided by the company 16 October 2026 (Friday) That is, the investors who have shares of the company in their demat account till this date will be considered fully eligible for this special dividend.
How was the company’s shares in the stock market?
Before this big and historic announcement, there was a lot of movement in the shares of Hindustan Composites during the trading session on October 12. After the day’s trading, the company’s shares gained about 2 percent. Rs 435 Closed at the level of. If we look at the data of the last one month, then this stock has registered a strong rise of about 15 percent, due to which investors have already got good returns.
As against the current share price of Rs 435, this dividend of Rs 21 is approximately Dividend yield of 4.83 percent Sits, which is considered an excellent return in terms of investment. Experts believe that after this huge dividend, the demand for this stock may increase further in the stock market in the coming days.