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Hindustan Aeronautics to Consider Final FY2024-25 Dividend at June 27 Board Meeting

Investor expectations are buoyed by HAL’s track record of 13 dividend payouts alongside a 17% year-to-date rise in its shares.

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Overview

  • The Board of Directors will convene on June 27 to consider a final dividend recommendation for FY2024-25.
  • In February, HAL paid an interim dividend of Rs25 per share as part of its ongoing shareholder returns.
  • According to BSE data, the company has declared dividends 13 times, with full-year payouts ranging from Rs15 to Rs22 per share in 2023 and 2024.
  • Trading by insiders and connected persons is barred until 48 hours after the June quarter results are released to ensure regulatory compliance.
  • HAL’s shares have climbed 17% year-to-date and 17% over the last six months, trading between Rs3,046.05 and Rs5,674.75 in the past year with a market capitalization of about Rs3.28 lakh crore.