News: Sun TV Network Limited, a prominent player in the Indian media and entertainment industry, has recently announced its dividend for the year 2024. In this article, we’ll delve into the details of Sun TV Network’s dividend, including the record date, share price, and historical context.
Before we dive into specifics, let’s understand what a dividend is. A dividend is a portion of a company’s profits that it distributes to its shareholders. It’s like a little bonus for being a part-owner of the company!
For the financial year ending March 2024, Sun TV Network has declared an equity dividend of 50%, which translates to Rs 2.50 per share. This means that if you own Sun TV Network shares, you’ll receive Rs 2.50 for each share you hold.
The record date for this dividend is 23rd February 2024. If you own Sun TV Network shares on or before this date, you’ll be eligible to receive the dividend. However, if you buy shares after this date, you won’t get the dividend for this financial year.
As of now, Sun TV Network’s share price stands at Rs 621.30. Keep in mind that share prices can fluctuate based on market conditions, investor sentiment, and company performance.
Dividends are essential for investors. They provide a steady stream of income, especially for long-term shareholders. Whether you’re a seasoned investor or just starting out, understanding dividends is crucial for making informed investment decisions.
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Sun TV Network Limited, headquartered in Chennai, Tamil Nadu, India, is a prominent Indian media conglomerate. Let’s explore some key details about this influential company:
1. Founding and History:
2. Television Channels:
Sun TV Network currently manages 33 TV channels across various Indian languages:
3. Financial Snapshot (as of FY23):
4. Sun Pictures:
5. Sun Entertainment:
6. Global Reach:
SunTV Network’s channels are accessible in 27 countries, including the U.S.A., Canada, Europe, Singapore, Malaysia, Sri Lanka, South Africa, Australia, and New Zealand.
Sun TV Network’s dividend announcement is a positive sign for its shareholders. If you’re one of them, mark your calendar for the record date and keep an eye on your mailbox for that dividend check!
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