The Board of Directors of Adani Ports Ltd (ADANIPORTS) at its meeting held on 4 May 2021, has declared Dividend of Rs 5 per equity share. The Board meeting commenced at 12:30 p.m. and concluded at 3.45 p.m.
Adani Ports Ltd Q4 Result
The company reported 285 per cent jump in consolidated net profit for the March quarter at Rs 1,287.81 crore. The company had posted a profit of Rs 334.39 crore in the corresponding quarter last year. Operating revenue for the firm rose 24 per cent to Rs 3,608 crore from Rs 2,921 crore in the same quarter last year.
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Adani Ports Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 25 June 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, 25 June 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 would like to state that the Board has recommended Dividend @ 250% (Rs. 5/-) per equity share of Rs. 2/- each fully paid-up for the financial year 2020-21 subject to the approval of shareholder at the ensuing Annual General Meeting.
Important Dates
- Company – Adani Ports Ltd
- Script Name – ADANIPORTS (NSE) and 532921 (BSE)
- Dividend Amount – 5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 24 June 2021
- Record Date – 25 June 2021
- Payment Date – Within 30 days
Also, you can find more information about Adani Ports Ltd on National Stock Exchange and Moneycontrol – Adani Ports and Special Economic Zone Ltd is promoted by Adani Group. Mundra Port, Indias largest private port, provides cargo handling and other value-added port services. The port offers a number of locational and logistical advantages.
