Abbott India Ltd Declares Final Dividend of Rs 120

Abbott India Ltd Declares Final Dividend of Rs 120

The Board of Directors of Abbott India Ltd (ABBOTINDIA) held its meeting on May 18, 2021. It has declared Final Dividend of Rs 120 per equity share for the financial year 2020-21. It has also declared special dividend of Rs 155 per equity share.

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Abbott India Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 20 July 2021 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 20 July 2021.

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Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In conclusion, 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.

Above all, here is the copy of statement, the company has sent to the exchanges:

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We hereby inform you that the Board of Directors at its Meeting held today i.e. May 18, 2021, recommended payment of final dividend of Rs. 120/- and special dividend of Rs. 155/- per equity share of Rs 10/-
each for the year ended March 31, 2021.

Important Dates

  • Company – Abbott India Ltd
  • Script Name – ABBOTINDIA (NSE) and 500488 (BSE)
  • Dividend Amount – 120 + 155 Rs Per Share
  • Dividend Type – Final + Special
  • Ex-Dividend Date – 19 July 2021
  • Record Date – 20 July 2021
  • Payment Date – 26 August 2021
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Also, you can find more information about Abbott India Ltd on National Stock Exchange and Moneycontrol – Abbott India Ltd. is a healthcare company that discovers, develops, manufactures and markets various products in area of Pharmaceuticals.

 

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