Angel One Limited, one of the top fintech players in India's stock broking industry, has declared a ₹11 per share dividend for its shareholders. The generous dividend payout is a testament to the strong financial performance of the company and its focus on giving value to investors.
Highlights:
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The ₹11 per share dividend is a high return for shareholders
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This dividend comes on the back of Angel One's strong growth in client additions and volumes of trade
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The declaration of the dividend is expected to enhance investor confidence in the fortunes of the company
Angel One has been taking advantage of the growth in participation of retail investors in the Indian stock market through its digital-first strategy, enticing new clients. The fact that the company could announce such a high dividend indicates its sound financial health and promising future outlook.
This dividend announcement is likely to be welcomed by the market and could push Angel One's share price higher in the next trading sessions.
Source: Angel One Limited's filing with BSE and NSE, March 13, 2025