
The Indian stock market is a dynamic environment where investors are always looking for opportunities to maximize their returns. Among various companies, some declare dividends regularly after their quarterly results, which can be quite beneficial for investors. Recently, a prominent government enterprise has announced a hefty dividend payout of 500% for its equity shareholders, making it a significant update for many investors. If you own shares of this government company, you’ll want to know when these dividend payouts will reach your accounts.
About Hindustan Aeronautics Limited (HAL)
Hindustan Aeronautics Limited (HAL) is a leading defense company in India, known for its role in aerospace and defense manufacturing. Recently, HAL disclosed its quarterly results and the decision to reward its shareholders with a substantial dividend. In its exchange filing, HAL announced that it will provide a dividend of ₹25 per equity share with a face value of ₹5, amounting to an impressive 500% of the face value.
When Will the Dividend Be Credited to Accounts?
HAL has set a record date for shareholders to be eligible for the dividend payment. The record date is set for February 18, 2025. This means that if you hold HAL shares by this date, you will receive the 500% dividend, which reflects the company’s commitment to rewarding its investors. Investors can expect their accounts to be credited shortly after this date.
Company Profits and Financial Overview
In its latest quarterly results, HAL reported a net profit of ₹1,439.83 crore, representing a 14.10% increase compared to the same quarter last year. The company’s revenue also saw significant growth, totaling ₹6,957 crore, which is a 14.80% increase year-over-year. This robust performance highlights HAL’s strong market position and operational efficiency.
Past Dividends and Shareholder Returns
HAL has a history of providing good dividends to its shareholders. In 2024, the company paid a dividend of ₹22 per share in February. This was followed by a ₹15 per share dividend on August 24, 2023, and a ₹20 per share interim dividend on March 20, 2023. Investors have consistently benefited from HAL’s generous payouts.
Investment Performance
Year | Stock Performance | Dividend per Share |
---|---|---|
2022 | 837.12% Return | ₹20 |
2023 | 426.99% Return over 3 years | ₹15 |
2024 | 15.76% Decline (Year-to-date) | ₹22 |
Despite facing a 15.76% decline in share prices this year, and a 24.64% decline over the past six months, HAL remains a strong contender in the market for long-term investors looking to benefit from the dividend payouts. The company’s ability to consistently deliver profits and dividends makes it a reliable choice for investment in the Indian defense sector.
With a firm foundation and a commitment to shareholder value, HAL is set to continue its legacy of profitability and investor rewards. Make sure to check your share ownership status by the record date to take full advantage of this exceptional dividend opportunity.