50% Dividend: Consumer Electronics Midcap Stock Recommends 1st Interim Dividend

The Board of Directors of Symphony Limited, on Thursday, declared the 1st Interim Dividend of Rs 1 per equity share i.e., 50% having a face value of Rs 2 each for the financial year 2023-24. The recommended interim dividend is payable on or before Aug 25, 2023.

Symphony is a midcap Consumer Electronics Company. The market cap of the company is Rs 6080.63 Crore.

"Declared 1st Interim Dividend of ₹ 1/‐ (50%) per equity share having face value of ₹ 2/‐ each for the financial year 2023‐24. The said interim dividend shall be payable to the shareholders on or before August 25, 2023," the Board said in an exchange filing.

The share price of Symphony closed today at Rs 881.80 apiece, up 0.83% compared to its previous close. The stock is trading near its 52-week-low, around 6.89% up. Its 52-week-low is Rs 821 apiece, while its 52-week-high is Rs 1218.95 apiece.

The shares price declined 0.11% in the past 1 week, 2.39% in 1 month, 10.28% in 3 months and 6.94% in 6 months, respectively. It has fallen 6.87% in 1 year, and 10.90% in 2 years, respectively. It gained 4.92% in 3 years and declined 20.78% in 5 years.

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