Board of Directors of two leading companies are scheduled to hold meeting on February 17, 2025 to consider and approve financial results. The firms will also consider and recommend dividend as well for the financial year 2024-25, if any. These two firms are ABB India Ltd and SBI Cards and Payment Services Ltd. The record date for dividends have already been declared. SBI Cards shares hit 2nd 52-week high in a row on Feb 14, 2025. Check more details below:
SBI Cards and Payment Services Ltd
According to BSE filing of the firm issued as on Feb 12, 2025, “Board of Directors of the Company is scheduled to be held on Monday, February 17, 2025, inter alia, to consider declaration and payment of the Interim Dividend, if any, on the Equity Shares of the Company, for the financial year 2024-25.” The company fixed February 25, 2025 as the record date for the payment of dividend.
SBI Cards Shares Performance
Last trading price of SBI Cards and Payment Services Ltd shares on BSE stood at Rs 858.60 per share with intraday fall of 0.10% as on February 14, 2025. SBI Cards shares hit 2nd consecutive 52-week high on Feb 14, 2025. The company has a market capitalisation of Rs 81,683.25 crore. Its return on equity is 15.62%. The NBFC shares surged 10.25% when Sensex declined 2.01% and delivered returns of 25.68% when Sensex fell 2.12%. In last 1-year, SBI Cards shares zoomed 19.34% and surged over 4% in last 3-years.
The 52-week high price of SBI Cards shares on BSE is Rs 846.55 per share (as on 03/02/2025) and 52-week low price is Rs 649.00 per share (as on 04/06/2024), respectively. Meanwhile, the company never declared any bonus issue since 2001.
SBI Cards and Payment Services Shareholding
It is worth noting that Life insurance corporation of India – P & Gs fund has 6.12% stake in the firm. FII/FPI hiked holdings from 9.18% to 9.52% in December 2024 quarter. Institutional Investors have increased holdings from 25.94% to 25.99% in December 2024 quarter.
ABB India To Consider Dividend On Feb 17
According to the exchange filing of the company dated December 24, 2025, “consider and recommend Dividend, if any, on equity shares of the Company for the Financial Year ended December 31, 2024.” The company will also consider and approve audited financial results for the 4th quarter and financial year ended December 31, 2024.
ABB India Ltd Shares Performance
The last trading price of ABB India shares on BSE is Rs 5259.15 per share with intraday fall of 3.31% as on Feb 14, 2025. The company has a market capitalisation of Rs 1,11,445.79 crore. Its return on equity stood at 25.62%. ABB India stock declined 10.49% when Sensex slipped 2.01% and zoomed 15.26% in last 1-year when Sensex gained 5.73%. In comparison, the BSE capital goods index surged 4.31% in last 1-year.
Meanwhile, the company never recommended any bonus share till date.
ABB India considered a total of 24 dividends since March 27, 2003. In last 1-year, it recommended an equity dividend amounting to Rs 34.46 per share. FII/FPI reduced holdings from 12.28% to 11.85% for December 2024 quarter. Number of FII/FPI investors declined from 962 to 939 for December 2024 quarter.
Disclaimer: The story highlights dividend and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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