Muthoot Finance declares interim dividend of 200%
Posted On:
2021-04-13 20:46:31
(Time Zone: Arizona, USA)
Muthoot Finance Ltd, India`s largest gold loan company on April 12, 2021 declared an interim dividend of 200% ie., Rs.20 per share of Rs.10 face value for the financial year 2020-21.The dividend will be paid to the shareholders on or before May 11, 2021. This will involve a dividend payout of Rs.802crs. For previous financial year , Company had paid a dividend of 150% ie., Rs.15 per share. The Record Date for reckoning the shareholders who shall be entitled to receive the said dividend shall be April 23, 2021. Since financial year 2011-12 , Company has declared dividend every year and cumulative dividend declared amounts to Rs.4077crs including the Dividend Distribution Tax.