Aster DM Healthcare gives record dividend of 118 rupees after giving multibagger return

Dividend Stock: Shares of Aster DM Health Care have made their investors rich in the recent past. Along with this, the company has also announced a huge dividend.

The company's shares had fallen 1.32 per cent to close at Rs 513.90 on BSE on Monday. The company's shares slipped 1.13 percent yesterday and closed at Rs 514.70 on NSE.

Aster DM Health Care had informed in its filing that the company's board had approved a hefty dividend of Rs 118 for investors on April 12, 2024.

A record rise in the company's shares was recorded on April 15 after the announcement of special dividend by the company's board. It had reached Rs 558.30 on NSE.

The company has fixed the record date of dividend as 23 April 2023. In such a situation, only those investors who hold shares of the company till Tuesday will get the benefit of this dividend.

The dividend amount will be deposited within 30 days from the declaration date. Today a record decline of 21 percent is being seen in the shares of the company, it remains at Rs 401.75 on NSE.

In the last one year, the company's shares have proved themselves to be a multibagger stock by giving returns of more than 60 percent.