Bajaj Finance Limited has informed the Exchange that Board of Directors at its meeting held on April 29, 2025, declared Special (Interim) Dividend of 12 per equity share.
BAJFINANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bajaj Finance Limited has declared a Special Interim Dividend of ₹12 per equity share, as approved by the Board of Directors at its meeting held on April 29, 2025. This is in addition to any regular dividend the company may declare as part of its annual results. The dividend amount is significant given the company's face value of ₹2 per share, translating to a 600% payout on face value. Shareholders will need to track the record date (yet to be announced) to be eligible for this payout.
This is a positive development for shareholders, reflecting the company's strong cash generation and shareholder-friendly capital allocation policy. It may provide short-term support to the stock price and is likely to be welcomed by income-focused investors.