auto stocks: Auto stocks that will hit the jackpot .. There is also a double bonus .. Do you have yours? – auto stocks that give higher dividend upcoming days and have a look at those stocks

by time news
What is Dividend?

Dividend is the amount of dividends paid per share of your total shares, i.e. a bonus sample amount.

For example, if you own 30 shares and the company pays a dividend of Rs.10 per share, you can receive a dividend of Rs.300 per annum.

The dividend amount or percentage of a company is determined by its board of directors with the consent of the shareholders of that company.

Auto stocks that will pay higher dividends:

Bajaj Auto and Maharashtra Scooters’ automobile companies have set a record by announcing higher dividends on profits this year to the envy of all automobile companies.

1. Maharashtra Scooters Limited:

The company has been paying dividends to its investors for many years. Especially for the last 2 years, the company has been offering non-stop dividends to its investors, regardless of profit or loss.

The company has recently announced a 800% dividend or dividend of Rs 80 per share to its investors. It has also announced that the fixed dividend amount will be paid to the investors on June 1, 2022, the date of registration. Therefore, it is time for investors to buy shares of the company until the end of May to receive this dividend.

2. Bajaj Auto:

Bajaj Auto is another 2-wheeler stock company with a solid track record of declaring dividend and bonus amounts in all market conditions.

The company has announced a dividend of 1400% or Rs 140 per share. This is a dividend of 3.26% of the current market price.

Bajaj Auto is a good stock that has been paying its fixed dividend for many years. The company has recently increased its net profit by 10% to Rs 1468 crore.

The company’s share price has been rising for the past two months. Even if you buy a stake in this company now, its dividend amount will be equal to the cost you are going to buy. But for long-term partners, it pays off.

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