Maximizing Your Share Earnings with Hindustan Unilever: Understanding the Dividend Potential
Investing in the stock market can be both exciting and rewarding, especially when choosing a company as reputable and financially stable as Hindustan Unilever (HUL). If you're considering purchasing a single share today, on the ex-dividend date of June 19, 2020, it's important to understand the potential dividends you could receive. This article will guide you through the process and provide insights into HUL's historical dividend payouts.
The Ex-Dividend Date: June 19, 2020
The ex-dividend date for HUL shares is 19th June 2020, meaning that for you to be eligible for the dividend, you must ensure the delivery of your stock into your demat account by this date. As a result, today will be your last day to buy and wait for the dividend payment.
Awarding Shareholders with Dividends
Hindustan Unilever is a highly cash-rich company, and its management is known for rewarding its shareholders through regular dividend payouts. This strategic approach underscores the company's commitment to return value to its investors. As a cash-rich entity, HUL has a consistent history of offering generous returns.
Historical Dividend Payouts
The table below highlights the historical dividend payouts of HUL, illustrating the trend of increasing dividends as the company grows. Notably, the earnings per share (EPS) and total dividends per share have steadily increased over the years.
Year Earnings per Share (EPS) Dividends per Share (DPS) 2015 $$10.95 $$4.10 2016 $$13.25 $$4.90 2017 $$16.75 $$5.40 2018 $$20.25 $$6.30 2019 $$23.75 $$7.60 2020 (forecasted) $$27.50 $$8.70Dividend Potential for Your Investment
If you buy HUL shares today, you will indeed be eligible for the dividend payment, provided your shares are in your demat account by 19th June 2020. This makes your purchase highly relevant and beneficial. HUL's robust financial position and consistent growth indicate a strong likelihood of continued dividend payouts, making it an attractive investment choice.
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