The Board of Directors of Housing and Urban Development Corporation (HUDCO) has declared and approved an interim dividend of ₹2.05 per equity share for FY 2025, with each share having a face value of ₹10.
In a filing with the stock exchanges, HUDCO’s Board of Directors, in a meeting held on January 22, 2025, approved an interim dividend of ₹2.05 per equity share (20.50% of the face value of ₹10 per share) for the financial year 2024-25. The record date for determining shareholder eligibility for the interim dividend has been set as January 30, 2025.
The company further stated that the payment of the interim dividend will be completed within 30 days of the declaration. Investors who wish to receive the dividend must own HUDCO shares by the end of the record date, meaning the last day to purchase shares and qualify for the payout is January 28, 2025.
On January 30, 2025, Housing and Urban Development Corporation (HUDCO) share price was trading 0.07% lower at ₹215 at 9:38 AM (IST). Over the past year, the stock has reached a 52-week high of ₹353.95 and a 52-week low of ₹152.65.
According to data from the Bombay Stock Exchange (BSE), the total traded volume for HUDCO shares stood at 0.90 lakh, amounting to a turnover of ₹1.93 crore. At the current market price, HUDCO’s shares are trading at a price-to-earnings (P/E) ratio of 16.06x, based on trailing 12-month earnings per share (EPS) of ₹13.40. The price-to-book (P/B) ratio for the stock is 2.74.
HUDCO announced its financial results for the quarter ended December 31, 2025, on January 22, 2025. The company reported a net profit of ₹735 crore for Q3 FY25, marking an impressive 41.6% year-on-year (YoY) increase. Additionally, revenue from operations surged 37.14% YoY to ₹2,760.23 crore, reflecting the company’s strong financial performance and growth trajectory.
Investors continue to monitor HUDCO’s stock movement closely following the company’s robust earnings report and dividend announcement.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 30, 2025, 9:53 AM IST
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