The Board of Directors of ACC Limited at its meeting held on February 11, 2021, has declared Final Dividend of Rs 14 per equity share. The Board Meeting commenced at 2:00 p.m. and concluded at 03.55 p.m
ACC Limited Quarterly Result
Cement maker ACC Limited reported a 72.88% increase in consolidated net profit to Rs 472.44 crore for the fourth quarter ended December 31. The company, which follows the January-December financial year cycle, had posted a profit of Rs 273.28 crore in the corresponding quarter a year ago. Its revenue from cement was up 4.63% to Rs 3,876.54 crore, against Rs 3,704.94 crore of the corresponding quarter.
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ACC Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed March 31, 2021 as the Record date. In addition, the declared dividend will be paid on or after April 7, 2021.
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 – 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:
We wish to inform you that the Board of Directors of ACC Limited at its meeting held today i.e. Thursday, February 11, 2021 recommended payment of a dividend of Rs. 14/- (Rupees Fourteen only) per Equity Share of INR 10 each (fully paid-up) for the financial year ended December 31, 2020. Further, it shall be payable subject to approval of the Shareholders at the ensuing Annual General Meeting of the Company.
Important Dates
- Company – ACC Limited
- Script Name – ACC (NSE) and 500410 (BSE)
- Dividend Amount – 14 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 30 Mar 2021
- Record Date – 31 Mar 2021
- Payment Date – On or after April 7, 2021.
Also, you can find more information about ACC Limited on National Stock Exchange and Moneycontrol – ACC Limited is one of the largest producers of cement in India. It is a subsidiary of Lafarge Holcim.
