Dividend Stock: The Indian stock market continues heavy fluctuations. The stock market closed with a decline on Monday, closed with a good lead on Tuesday. Amidst this ongoing tip in the stock market, companies are releasing their quarterly results and are also giving dividend to investors according to their capacity. Meanwhile, the record date of the dividend declared by another company has come very close. Computer Edge Management Services i.e. CAMS shared details about the dividend given to shareholders in an exchange filing of January 29.
Investors will get a dividend of Rs 17.50 on every stock
The company had stated in the exchange filing that the board had approved the shareholders for payment of dividend of Rs 17.50 on each stock. This will be an interim dividend given by the company. CAMS has fixed a record date for this dividend on Friday, 7 February. The company shares will trade X-Dividend on Friday. CAMS said in the information given to the stock markets that all the eligible shareholders will be transferred to the dividend money in the bank account of the shareholders.
CAMS shares closed with stormy fast on Tuesday
On Tuesday, the company’s shares closed with a tremendous rapid rise. CAMS shares rose by Rs 122.00 (3.59%) on NSE yesterday at a price of Rs 3520.00. The company shares closed at a price of Rs 3398.00 on Monday, opened at Rs 3429.00 on Tuesday. During the trading yesterday, CAMS shares reached NSE from Intrade Low of Rs 3411.10 to Intrade High of Rs 3528.20. Let us tell you that 52 weeks of the company’s shares are Rs 5367.50 while its 52 week is 2707.10 rupees.
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