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| Discuss NTPC Dividend at the Fundamental Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, I am fairly new to the share market and this was a report released ... |
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#1
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Hi,
I am fairly new to the share market and this was a report released today. --------------------------- The board of directors of National Thermal Power Corporation (NTPC) in its meeting held on February 12, has decided to pay interim dividend at the rate of 12% on the face value of paid up equity shares of Rs 10 each for the financial year 2004-05 --------------------------- What I want to know is how does one calculate what the dividend will be in rupees? I have 100 shares of NTPC bought during IPO. What levels do you think this share will touch looking at a 1 year horizon? Thanks and appreciate it. CJ |
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#2
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Hi,
12 % dividend means you get 12 rupees for 100 rs share face value. Since NTPC shares face value is 10 Rs. so you will get 1 rupee 20 paise dividend per share. Cheers Parag |
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#3
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What is the record date??
Is it 28 Feb05?? When will be receiving it?? |
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#4
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check their website. it says 10 mar 2005.
CJ |
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#5
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ur entitled to receive rs 1.20 per share i.e u have 100 shares so u get 120 rs of dividend .
regarding ur query for one year horizon for this stock. ntpc is a very slow mover in the market but keep faith in the stock , be invested for a long term as long term makes money. one can see levels os 150 - 175 if it crosses 120 but to my knowledge dont leave this stock for long . ![]() |
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#6
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Hi,
I received the NTPC 12% interim dividend for 100 shares. It was Rs 120. IS this correct? Just seems like its very small ![]() |
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#7
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Quote:
Cheers, nkpanjiyar |
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