Dividend Stocks: Along with the quarterly results, both the companies have also announced dividends. Let us tell you in detail.
The season of quarterly results has started. Companies are not only releasing their quarterly results but they are also making many other big announcements. Which includes buyback, bonus issue and dividend. After the market closed today, two companies have announced dividends for their investors. Read full information
Which companies announced dividend?
The companies which have announced dividend today include Anand Rathi Wealth and Angel One. Anand Rathi has declared an interim dividend of Rs 5 per share to its investors. At the same time, Angel One has announced to give an interim dividend of Rs 12.7 per share to its investors.
How will be the results of Anand Rathi?
According to the results released by Anand Rathi, the total income of the company has been Rs 181 crore, an increase of 36 percent compared to last year. The profit has reached Rs 57 crore with an increase of 33 percent compared to last year. In the first half, income has increased by 35 percent and profit by 34 percent. In Thursday’s trading the stock closed almost flat at the level of 1909.7.
How were the results of Angel One?
At the same time, the profit of Angel One in the second quarter was Rs 1049 crore with an increase of 29 percent compared to the first quarter. At the same time, profit has increased by 38 percent to Rs 304 crore. There has been an increase of 37 percent in EBDAT as compared to the first quarter and the figure has reached the level of Rs 418 crore. The stock of Angel One also closed at the previous levels.
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