Can Fin Homes’ shares rose 2.25 percent to a day high of Rs 832.95 on the National Stock Exchange (NSE) during intra-day trading on Tuesday. On the NSE and BSE, about 0.37 lakh shares of the business were traded, valued an estimated Rs 30.61 crore. Can Fin Homes’ share price rose ahead of the ex-date after the business announced a Rs 6 per share dividend for its shareholders.
Can Fin Homes Dividend details
Can Fin Homes Ltd. provides dividends to its shareholders, but financial services stocks don’t always pay them out. For the quarter that ended in September 2024, Can Fin Homes Ltd. announced a ₹6 dividend, which translates to a 1.42% dividend yield.
On November 19, 2024, Can Fin Homes also notified the stock exchanges that the “Record Date” for identifying the list of eligible shareholders for the payment of the aforementioned interim dividend was set for Wednesday, December 4, 2024. As a result, investors who purchased Can Fin Home Finance shares up until Tuesday, December 3, 2024, will be entitled to receive the dividend since their names will be listed as eligible shareholders on the record date of December 4, 2024.
The interim dividend will be paid out by Wednesday, December 25, 2024, at the latest, the business added.
About Can Fin Homes Ltd.
Can Fin Homes Ltd. (CFHL) is a prominent home finance company that has been authorized by the nation’s top housing authority, the National home Bank (NHB). In addition to composite and top-up loans, the company offers housing loans for individual residences and affordable housing. Mortgage loans, site loans, commercial property loans, personal loans, and school loans are among the non-housing loans it provides. According to the guidelines set forth by the National Housing Bank (NHB), it takes both fixed and cumulative deposits. With 12 satellite offices, 21 affordable housing loan centers, and 172 branches across 21 states and union territories, the company is well-represented throughout India.
