In a recent development, The Housing and Urban Development Finance Corporation Private Limited (HUDCO), India’s finance company, has announced the dividend for the fiscal year 2023-24, showcasing its ongoing commitment to shareholder returns. This move is indicative of the company’s solid financial performance and its strategy to distribute profits among its investors.
Dividend Announcement Overview:-
The HUDCO board has resolved to distribute an interim Dividend @ Rs 1.5 (Rupees ONE and five paise only) per equity share of face value of Re 10/- each for the financial year 2023-24, the company said in a regulatory filing.
Important Dates for Shareholders:-
One of the critical pieces of information for investors is the establishment of the record date, which HUDCO has set as March 28, 2024 . This date is crucial as it determines which shareholders are eligible to receive the dividend, based on the company’s records on that day.
Historical Dividend Payments(Source-BSE SITE)
| Security Code | Security Name | Ex Date | Purpose | Record Date |
| 540530 | HUDCO | 28-Mar-24 | Interim Dividend – Rs. – 1.5000 | 29-Mar-24 |
| 540530 | HUDCO | 8-Sep-23 | Final Dividend – Rs. – 3.1000 | 8-Sep-23 |
| 540530 | HUDCO | 21-Mar-23 | Interim Dividend – Rs. – 0.7500 | 22-Mar-23 |
| 540530 | HUDCO | 15-Sep-22 | Final Dividend – Rs. – 2.7500 | 16-Sep-22 |
| 540530 | HUDCO | 29-Mar-22 | Interim Dividend – Rs. – 0.7500 | 30-Mar-22 |
| 540530 | HUDCO | 16-Sep-21 | Final Dividend – Rs. – 1.4250 | 18-Sep-21 |
| 540530 | HUDCO | 25-Mar-21 | Interim Dividend – Rs. – 0.7500 | 26-Mar-21 |
| 540530 | HUDCO | 10-Sep-20 | Final Dividend – Rs. – 2.3500 | 12-Sep-20 |
| 540530 | HUDCO | 26-Mar-20 | Interim Dividend – Rs. – 0.7500 | 28-Mar-20 |