Highest-ever dividend! Rekha Jhunjhunwala-backed Tata stock announces 1100% payout

Authored by : ET Now Digital Updated May 3, 2024 | 05:11 PM IST Photo : ET Now Digital Titan Q4 2024 Results: Tata Group company announces 1100% dividend for FY24.

Titan Q4 2024 Results , Dividend news: Titan has announced Rs 11 per equity share dividend with the face value of Rs 1 each along with the financial results for FY 24. Titan also announced the financial results of the fourth quarter and year ended March 31, 2024.

Titan dividend 2024 Titan in the BSE exchange filing said, "the Board has recommended a Dividend of Rs 11 per equity share of Rs 1 each of the Company."

Titan Q4 2024 Results Highlights Jewellery division recorded total income growth of 20% to Rs 38,353 crore in Q4 FY24. Moreover, Watches segment revenue stood at Rs 940 crore in Q4 FY24 versus Rs 871 crore, up 7.92% YoY.

Titan Company share price Titan stock closed at Rs 3,535 apiece with a drop of -0.96 per cent on BSE, May 3, against the previous day close at Rs 3,569.50 apiece. The scrip opened at Rs 3,598 apiece, reaching a high of Rs 3,598.90 apiece and a low of Rs 3,598 apiece. The stock's 52-week movement indicates a high of Rs 3,885 apiece and a low of Rs 2,656 apiece. The Company has a market cap of Rs 3.13 lakh crore.

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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)