Rs 11 Dividend: Multibagger NBFC Stock Rallies 13% In a Week, Turns Ex-Dividend; Buy or Sell?

Angel One shares trade ex-dividend today: Shares of one of India's largest retail stock brokerage businesses, Angel One, gained on Thursday, ie on ex-dividend date. Angel One's board of directors declared a second interim dividend of Rs 11 per equity share of a value of Rs 10 per share for the company.

Angel One's shares are set to trade ex-dividend today, as the company fixed March 20 as the record date. An ex-dividend date is the day when a company identifies shareholders eligible for dividend payment. Only those investors are eligible for dividend payment who own the company shares on or before the dividend record date.

Angle One dividend announcement

"This is to inform you that the Board of Directors of the Company by way of a circular resolution dated March 13, 2025 approved declaration of the 2nd Interim Dividend for the financial year 2024-25 at the rate of Rs. 11.00/- per equity share of face value of Rs. 10 per share of the Company," the company said in its BSE filing earlier.

Angel One dividend record date: How to be eligible for payment?

Angel One has fixed dividend record date as Thursday, March 20. To be eligible for dividend payment, it is mandatory for investors to hold Angel One shares on or before March 20.

"The record date for determining the eligibility of shareholders for payment of the said interim dividend, as declared by the Board shall be Thursday, March 20, 2025. The dividend shall be paid on or before April 12, 2025 to those members, whose names appear on the Register of Members or in records of depositories as beneficial owners of the shares as on Thursday, March 20, 2025, which is the record date fixed for the purpose," Angel One added in its stock exchange filing.

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Angel One share price today

Angel One shares gained on Thursday's trading session. The company scrip was trading 1.23% higher at Rs 2239.60 per share on BSE at 12:20 pm. Its market capitalisation stood around Rs 20,177.74 crore on BSE on Thursday. The company stock is recovering from the losses on 13 March 2025, when it touched tis 52-week low mark of Rs 1,942 per share on BSE. Angel One share price value has increased by over 12.95% in past five trading sessions.

Angel One shares trade ex-dividend today: Should you buy or sell?

Commenting on Angel One's share price's past performance when it touched its 52-week low mark earlier, Mandar Bhojane - Equity Research Analyst at Choice Broking said, "A breach below ₹1940 level, corresponding to the new 52-Week Low, confirms bearish dominance, increasing the likelihood of testing the ₹1800 support zone which indicates The 200-day EMA as the next critical support level on the Weekly charts."
"If it breaks above the resistance at the 20-day and 50-day EMAs, it might move toward ₹2400, which would be a stronger recovery sign," the analyst commented," a Goodreturns report quoted Bhojane earlier on March 15.

According to Trendlyne analysis, Angle One stock has a valuation score of 39 in a table of 100 which indicates that it is in mid-valuation range and is decently priced at current P/E, P/BV. "Angel One Ltd. has spent 21.3% of the time below the current P/E 15.1. This puts it in the PE Buy Zone," said Trendlyne in its stock analysis report on March 20. It has fixed its share price target at ₹2742.14 apiece, above the current price, with an upside of 22.8%.