Categories: Business

Muthoot Finance Declares Interim Dividend of 150%

KOCHI:
Muthoot Finance Ltd, India`s largest gold loan company on Tuesday 17 th March 2020 declared an interim dividend of 150% ie., Rs15 per share of Rs.10 face value for the financial year 2019- 20.

The dividend will be paid to the shareholders on or before, the 15th day of April, 2020. Last year, the company had paid a dividend of 120% ie., Rs.12 per share. This will involve a dividend payout of Rs.723crs including dividend distribution tax. The Record Date for reckoning the shareholders who shall be entitled to receive the said dividend shall be Wednesday, 25th day of March, 2020.

NE Reporter

Recent Posts

ISRO Chairman Wants an Indian Elon Musk;
Boost Pvt Investment in Space Exploration

KOCHI: India is ready for more involvement by private players in space exploration but there…

2 days ago

PwC Hosts Analyst Day 2024 in India

NEW DELHI:PwC recently hosted its Analyst Day 2024 event in India, a day-long forum that…

3 days ago

Wonderla Kochi Celebrates Mother’s Day with Special Offer

KOCHI"Wonderla Holidays, India's largest amusement park chain, has announced a special Mother's Day offer to…

3 days ago

Allianz Services India Shines at Stevie Awards for Sales & Customer Service 2024

THIRUVANANTHAPURAM:Allianz Services India proudly announces its remarkable success at the esteemed 2024 Stevie Awards for…

3 days ago

IIIT-Bangalore Hosts OxFounders Global Startup Summit

BANGALORE:The International Institute of Information Technology Bangalore (IIIT-B), in collaboration with Oxford Founders Global, successfully…

4 days ago

KSUM Sets Stage to Tap Commercial Potential of Food Tech

THIRUVANANTHAPURAM:Creating opportunities for aspiring entrepreneurs and setting a unique model to start their ventures in…

4 days ago

This website uses cookies.