Galaxy Surfactants Declares ₹18 Per Share (180%) Interim Dividend; Record Date Set for March 20, 2025; Share Price Decline Continues, Investors Advised to Remain Cautious.
Dividend Stock: Chemical company Galaxy Surfactants has announced a substantial interim dividend for its investors. The company declared a ₹18 per share (180%) interim dividend for the financial year 2024-25. This announcement was made via an exchange filing on March 15, 2025.
Decision Made at March 15th Board Meeting
Galaxy Surfactants stated that this decision was taken at a meeting of the Board of Directors held on March 15, 2025 (Saturday). The company announced, "Along with other significant decisions, the Board of Directors approved an interim dividend of ₹18 per equity share of ₹10 face value."
Record Date and Dividend Payment
Galaxy Surfactants has set the record date for shareholders as March 20, 2025. Investors holding shares of the company on or before this date will be eligible for the dividend.
The company stated, "The dividend will be paid within 30 days of the announcement date."
Galaxy Surfactants' Dividend History
Galaxy Surfactants has consistently paid dividends to its investors. The company declared dividends in previous years as follows:
2024: ₹22 per share dividend
2023: Two dividends (₹4 and ₹18 per share)
2022: ₹18 final dividend in July
Recent Performance of Galaxy Surfactants Shares
Galaxy Surfactants' share price has seen a recent decline.
March 14, 2025: The share closed at ₹2081.55 on the BSE, down 0.95% from the previous close.
Last week: 10.23% decline
Last month: 10.14% decline
Last year: 11.38% decline
Last two years: 13.15% decline
Last three years: 26.87% decline
