FII-Backed Media Stock To Consider 58th Dividend, Results On August 9, Do You Own?

Media & Entertainment sector stock Sun Tv Network Ltd shares gained over 9% in last 1-week. Current market price of Sun Tv Network shares on BSE is Rs 890.00 per share. The company will hold meeting of Board of Directors on August 9, 2024 to consider financial results and interim dividend for FY 2024-25. In last 1-year, Sun Tv Network Ltd shares offered return of 67% in last 1-year. Its market capitalisation stood at Rs 35,073.53 crore. Check key details below:

Sun Tv Network To Consider Financial Results, Interim Dividend: As per the regulatory filing of Sun Tv Network issued as on August 1, 2024, "a meeting of the Board of Directors of the Company, is scheduled to be held on Friday, 09th August, 2024, inter-alia to consider and approve the following:

(i) the Unaudited Standalone and Consolidated Financial Results for the Quarter ended 30th June 2024 and
(ii) declaration and payment of Interim Dividend if any, for the financial year 2024-25."

Sun Tv Network Dividend History: Sun TV Network has declared 57 dividends since September 13, 2006. In last 1-year, Sun TV Network offered an equity dividend amounting to Rs 13.75 per share. At the current share price of Rs 890.1000, Sun TV Network offers a dividend yield of 1.54%.

Sun Tv Network Shareholding Pattern: FII/FPI have decreased holdings from 8.87% to 7.89% in June 2024 quarter. Number of FII/FPI investors increased from 300 to 317 in June 2024 quarter. Mutual Funds have increased holdings from 5.44% to 7.21% in June 2024 quarter. Number of MF schemes increased from 22 to 24 in June 2024 quarter. Institutional Investors have increased holdings from 15.37% to 16.12% in June 2024 quarter.

Sun Tv Network Stock Performance & Return: The 52-week high price of Sun Tv Network shares on BSE stood at Rs 906.90 per share (01/08/2024) and 52-week low price is Rs 518.05 per share (as on 03/08/2023), respectively. Sun Tv Network shares gained 36% in last 6-months, soared 88% in in last 2-years, gained more than 94% in last 5-years.

About: Sun TV Network is owned by Sun Group, one of the largest media conglomerates in India with operations in multi-diversified sectors. Sun TV Network has 33 power packed Television Channels with a reach of more than 95 million households in India, according to its LinkedIn page.

Disclaimer: The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.