The Board of Directors of ABB India Limited held its meeting on February 10, 2021. It has declared Dividend of Rs 5 per equity share of face value of Rs 2 each, for the year ended December 31, 2020.
ABB India Limited Quarterly Result
Quarterly Net Profit at Rs. 57.56 crore in December 2020 up 48.89% from Rs. 38.66 crore in December 2019. Net Sales at Rs 1,700.76 crore in December 2020 down 12.93% from Rs. 1,953.33 crore in December 2019. ABB India EPS has increased to Rs. 2.72 in December 2020 from Rs. 1.82 in December 2019.
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ABB India Dividend Record Date
The company in its letter informed the exchanges that it has fixed 21 April 2021 as the Record Date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on 21 April 2021.
To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Moreover, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the following decisions have been taken at the meeting of the Board of Directors of the Company held today. The Directors have recommended a dividend of Rs.5/- per share (Rupees Five only) on 211,908,375 Equity Shares of face value of Rs.2/- each fully paid up for the year ended December 31, 2020.
Important Dates
- Company – ABB India Limited
- Script Name – ABB (NSE) & 500002 (BSE)
- Dividend Amount – 5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 19 April 2021
- Record Date – 21 April 2021
- Payment Date – Not Available
Also, you can find more information about ABB India Limited on NSE and Moneycontrol – ABB Ltd is a Swedish – Swiss multi national corporation with head quartered in Zürich, Switzerland. It Operates mainly in robotics, power and automation technology areas.
