The dividend-paying stock will soon trade ex-dividend. 250% increase in stock in 3 years

notice indian stock market exchange regarding special dividend and buy back Welspun Enterprises Limited said, “The Board of Directors of the company in its meeting held today decided to buy back up to 1,17,50,000 equity shares subject to the approval of the shareholders. 10/- each on buyback value 200/- per equity share (buyback value), for an aggregate amount of Rs. 235 crore (buyback size), representing 14.22% and 15.74% of the total paid-up equity share capital and through tender based on the standalone and consolidated audited financial statements of the company for the financial year ended March 31, 2022 respectively There is free storage. proposal route.

Welspun Enterprises Dividend History

Dividend paying stocks going to trade ex-dividend next week have a history of paying dividends to their shareholders. Civil construction company traded ex-dividend for payment 1.50 per share interim dividend for the financial year 2022-23 on 30th June 2020. On June 18, 2021, it traded ex-dividend for payment 1.50 per equity share as dividend to its shareholders. Similarly, the stock has traded ex-dividend on 11th June 2020, 25th July 2019 and 25th June 2018.

This dividend paying stock has given multibagger returns to its shareholders in the recent years as well. It is one of those multibagger stocks on Dalal Street which has given Spicy The upward trend in the last three years in the post-Covid pull back. Over the past three years, Welspun Enterprises’ share price has risen from around since 45 165 at each level, while providing returns of over 250 percent to its shareholders.