HUDCO announced a 15% dividend for its shareholders

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[{"selector":"#anim-5c91f27d-1c72-4d5a-9c7f-4a5b4267f1f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8f694df2-fe0c-4965-988b-3225c5f9fb25","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf955267-69c9-4c18-bdd2-f1178d651fbf","keyframes":{"transform":["translate3d(-116.61238%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3de895d8-264b-4058-b7ee-b55d41f60b17","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1e707ae-c4b7-4109-a08d-22b585acc2b1","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 2. The dividend payout is Rs 1.50 per equity share of Rs. 10 each, with the ex-dividend date set for March 28, 2024.

[{"selector":"#anim-0d6e8c9e-997b-4d77-a2ff-28d449fb7896 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b074d627-319a-46dc-b6d2-39a2a4ae6714","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-011e6364-b4d4-45d7-bb62-a2fba59532d9","keyframes":{"transform":["translate3d(-116.61238%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3dd9c4cc-5412-440f-923d-ffd9f04c48e7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3aa74d2-65f3-4573-b95e-92b6a0b0a0f1","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 3. The dividend is calculated based on the face value of each stock, which is Rs. 10 per share, showcasing the company's financial strength.

[{"selector":"#anim-58432342-7863-475f-b2e2-c7fd9207d0f3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-27e264f9-1cef-40fc-a101-c170e0491668","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2df5edc-831f-44a4-81e9-7ac82a1c9f2d","keyframes":{"transform":["translate3d(-116.61238%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab75fd88-7f68-46cf-92c5-bd437c0ad0fe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0e9fd9e-85fa-40f8-84bd-6c795bfa9d9e","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 4. HUDCO's stock closed positively at Rs. 186.95 per share, with a 1.55% increase and a dividend yield of 2.46%.

[{"selector":"#anim-52d2f972-0952-4cb4-8285-cd28f47195ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9155656d-f01e-4198-a6d7-7f186693ad06","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f1b46dd-8f42-4933-9272-1463e07f079d","keyframes":{"transform":["translate3d(-116.61238%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7deb38e1-73cd-47a4-8de4-455a6607c9a8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10eaf931-77ab-4190-9651-acf9945f80e8","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 5. The Board of Directors approved the dividend during a meeting on March 20, 2024, with the record date set for March 29, 2024.

[{"selector":"#anim-b24fccf9-75d0-48f8-bf4d-2186c901c6cc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c315febb-6c5e-42dd-952b-25e3d45d3ca2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dd65b887-ffb6-4f74-a0bf-f974538d94f3","keyframes":{"transform":["translate3d(-116.61238%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f760f4d5-fdc5-4f43-8759-dc9bfe8e2d58","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6cf64e95-ffaa-4f20-acf6-ba1eab77dade","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 6. HUDCO has shown robust performance, with gains of 44.75% year-to-date and multibagger returns of 116.45% in six months.

[{"selector":"#anim-5c1a92e8-e9c0-43da-8053-9c022bfc7925 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ea9dab2c-c54d-4ba4-8628-bde9eeab62d1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b86e53e-613f-413f-bf40-3d0af759db38","keyframes":{"transform":["translate3d(-116.61238%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b4d8297-f2c2-41ae-88b8-7b78318f75d4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae86d561-c9ae-4b69-b1ad-e9a619c3e41f","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 7. The company has a history of consistent dividend payments over the past five years, reflecting its commitment to shareholder welfare.

[{"selector":"#anim-e392a5ac-cf0a-43d6-b565-958d1fbbe1c2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.36842110255359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f41bd0f2-57d7-434d-a1c2-79de2cc80a5d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-182da349-626a-460f-be63-66be61254b30","keyframes":{"transform":["translate3d(-116.93811%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec380271-a676-4aac-b959-065607278a18","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a78499d2-72d9-4ec3-ad2e-1de396c3b6b2","keyframes":{"transform":["translate3d(-194.36619%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 8. HUDCO's resilience, performance, and consistent dividend payouts make it a preferred investment choice for investors seeking long-term value and stability.