Dividend king stock: This largecap will pay interim dividend of ₹70 per share to investors by 9 Dec
Page Industries is among dividend king stocks. Its first interim dividend for FY23 was around 600% aggregating to ₹60 per equity share for its investors. It has a strong track record of paying hefty dividends to its shareholders.
Page Industries, the manufacturer, distributor, and marketer of JOCKEY brands in India, announced its September 2022 quarterly results. On year-on-year, Page Industries posted stable earnings, however, sequentially it witnessed a decline in profitability and revenue. However, Page Industries shareholders are in for a treat as the company declared a second interim dividend of a whopping ₹70 per equity share for fiscal FY23.
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