The only difference between a dividend and a special dividend is that investors receive a higher amount from the company through a special dividend. Special dividends may be paid annually or over several years. French pharmaceutical company Sanofi recently made such an announcement, providing a final dividend of INR 194 while also issuing a special dividend of INR 183.
It should be noted that the portion of a company's profits distributed to investors is known as dividends. Dividends are paid on a per-share basis, which means that the more shares an investor holds, the higher the dividend amount they receive. Companies with a consistent record of providing better dividends are generally considered a safer investment.
Also read: top 10 multibagger penny stocks for 2025
Dividend News:
A special dividend is given by a company only once. A special dividend is given when a company benefits multiple times on an investment due to unusual events like extraordinary profit, asset sale, and other windfall events, and the company distributes that profit to its shareholders. The only difference between a dividend and a special dividend is that investors receive more money from the company through a special dividend. Special dividends can be given in one year or over several years. Similarly, a major pharmaceutical company, Sanofi, has made such an announcement. The company has given a final dividend of Rs. 194, while a special dividend of Rs. 183 has also been given.
To clarify, the portion of a company's profits given to investors is called a dividend. The dividend amount is given per share, which means that the more shares an investor owns, the higher their dividend payout will be. Companies with a consistently good dividend track record are considered safe investments.
When will the money be deposited in the account?
If you want to receive the dividend amount, then shares should be in your demat account on the record date. For example, Sanofi has set the ex-date as April 28. You will only receive the dividend benefit when Sanofi's shares are in your demat account on April 28. After that, the company will deposit the amount into your account on the designated date.
What does Sanofi do?
Sanofi is a major pharmaceutical company that specializes in research, development, manufacturing, and marketing of healthcare products, including prescription drugs, over-the-counter medicines, and vaccines.
On April 12, 2022, Sanofi gave a special dividend of Rs. 309 and a final dividend of Rs. 181. The company has been giving special dividends for the past 4 years. In 2021, a special dividend of Rs. 240 and a final dividend of Rs. 125 were given. In 2020, a special dividend of Rs. 243 and a final dividend of Rs. 106 were given.
Disclaimer: The advice or opinions given on NEWSBOOKS are those of the experts/brokerage firm and are their own personal views. The website or management is not responsible for this. Before investing, it is important to seek the advice of a financial advisor or certified expert.
Note: We do not advise or recommend you to buy or sell shares, and you are requested to do complete analysis of the company before investing.
