During the result season, Share Market Investors not only wait for strong quarterly numbers from companies belonging to their stock portfolio but they also expect announcement of bonus and dividend from company management. There is good news for such secondary market investors. Taneja Aerospace has announced interim dividend The record date for its Interim Dividend to its shareholders and for its Interim Dividend is March 3, 2022 i.e. today. The board of directors of the company has approved 0.50 per equity share interim dividend for the financial year 2021-22.
The aircraft manufacturing company serving the defense sector, while informing the Indian exchanges in this regard, said, “Please be informed that the Board of Directors in its meeting held today i.e. Tuesday, February 22, 2022, inter alia The declaration has been considered and approved. Dividend of Rs.0.50/- (10%) per equity share of Rs.5/- for the financial year 2021-22.”
The Exchange communication further said, “In accordance with Regulation 42 of the Listing Regulations, the record date for the purpose of payment of interim dividend, i.e. March 03, 2022, has already been communicated to the Exchange vide our earlier letter dt. (dated) February 15, 2022. Interim dividend will be paid to shareholders on or before March 23, 2022.”
Taneja Aerospace share price
Taneja Aerospace shares are one of the multibagger stocks in 2021. In the past one year, this defense stock has increased 34.75 to 99.60 level, giving almost 180 percent return to its shareholders. In fact, the stock has given multibagger returns in the last 6 months as well. In the last 6 months, Taneja Aerospace share price has risen from 43.70 to 99.60, appreciating around 125 per cent in the period. The stock has been under selling pressure since the second fortnight of January 2022.
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