Muthoot Finance Declares Interim Dividend of 200%, Rs 20 Per Share

KOCHI:
Muthoot Finance Ltd, India`s largest gold loan company on April 18, 2022 declared an interim dividend of 200% (Rs.20 per equity share of face value of Rs.10 each) for the financial year 2022-23.The dividend will be paid to the shareholders within 30 days from the date of declaration. For the previous financial year as well the company had paid a similar interim dividend of 200% ie., Rs.20 per share. The Record Date for reckoning the shareholders who shall be entitled to receive the said dividend shall be April 26, 2022.

Speaking on declaring the interim dividend of Rs. 20 per share, George Alexander Muthoot, MD, Muthoot Finance said, “We take this opportunity to thank all our shareholders for their constant support and trust in Muthoot Finance. We remain committed to create value for shareholders and further strengthen our leadership position in the gold finance sector. We are seeing pick up in the demand for gold loans and as economic activity revives, we believe that the upcoming quarters will be promising”.