Dividend Stocks Marathi News: Force Motors Limited, a famous company in the automobile sector, is currently under discussion. The company has announced a 5 percent final dividend for its shareholders for the financial year 2-1. This dividend will be paid at the rate of Rs 5 per stock at Rs 5 per stock value. The company has also shared the record date and other important information of the dividend.
Force Motors informed the Stock Exchange on August 7 that the board of directors had recommended the final dividend of Rs 5 per share for the financial year at a meeting on April 7. This dividend will be implemented after the approval of the shareholders of the company’s 8th annual general meeting (AGM). This means that if an investor has 5 shares of the face value of Rs 5, he will get a dividend of Rs.
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The company has announced the record date on September 7 (Wednesday) to determine the eligible shareholders for the dividend. That is, the shareholders whose names are in the company’s records as per this date will be eligible for this dividend. The company also said that if the dividend was approved at the 8th Annual General Meeting, the amount will be paid to the shareholders within 7 days from the date of the annual general meeting.
Force Motors is a part of BSE Smallcap. The company has recently shown its strong financial position and commitment to shareholders. The company’s stock price is also doing well in the market. Last Friday, the Shares of Force Motors increased by about Rs. 9.5 to Rs.
This is a reflection of the company’s strong performance and investors’ trust. This announcement of Force Motors has created enthusiasm among investors, and market experts are considered to be a signal of the company’s stable financial position. Force Motors Limited is an Indian Auto Mobile Manufacturing Company, which was founded in 1958 and is India’s largest Van manufacturer.
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