with market valuation of 87,440.39 Crore, DLF Limited is a Large Cap company dealing in Real Estate Industry. DLF is now India’s largest publicly owned real estate corporation with assets in 15 states and 24 cities. The board of directors has proposed a dividend 3 per equity share, or 150 per cent, with face value 2 each, for the financial year 2021-2022. The Company has declared a record date for this dividend in order to determine the eligibility of the shareholders.
“The Board of Directors has recommended a dividend of Rs.3/- per equity share of face value of Rs.2/- each for the financial year 2021-22, subject to the approval of the shareholders in the ensuing Annual General Meeting to be held on August 10, 2022 . As per Rule 42 of SEBI LODR, the Company has fixed Wednesday, 03 August 2022 as the ‘Record Date’ for determining the eligibility of shareholders for payment of dividend for the financial year 2021-22. The dividend shall be paid/remitted on or before Thursday 8th September 2022, if approved by the shareholders and subject to deduction of tax at source at applicable rates,” the company said in the stock exchange filing.
DLF shares closed 353.00 level today, down 0.18% from its previous close 353.65. The stock has gained 6.57 per cent during the last year, but on a YTD basis, it has fallen 10.58 per cent so far in 2022. Over the past 6 months, the stock has fallen 13.53% and gained 18.26%. last 1 month. On NSE, the stock had touched a 52-week high 449.70 on 18-Oct-21 and 52-week low of 294.70 at 20-Jun-22 which indicates that the stock is trading 21.50% below 52-week high and 19.78% above 52-week low at current share price. The stock is trading above the 5 day, 10 day, 20 day, 50 day, 100 day and 200 day Exponential Moving Average (EMA) based on the last traded price.
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