Dailymirror.news November 3rd, 2024 : Patanjali Foods, supported by yoga guru Ramdev, has declared an unprecedented 400% interim dividend for FY 2024-25, amounting to ₹8 per equity share with a ₹2 face value. This is the highest dividend in the company’s history. The record date for determining eligible shareholders is November 4, 2024, meaning investors must hold the stock before this date to qualify. The dividend will be paid on or before November 23, 2024.
In recent performance, Patanjali Foods shares closed at ₹1,811.80, reflecting a modest weekly gain but showing a 25.37% increase over the past year, despite a minor dip over the past month. This strong dividend history follows previous payouts of ₹6 per share in March 2024 and similar payments in 2023.