The Board of Directors of Alkem Laboratories Limited (ALKEM) at its meeting held on May 25, 2021, has declared Final Dividend of Rs 5 per equity share. The meeting of the Board of Directors of the Company commenced at 11.00 a.m. and concluded at 01.45 p.m.
Alkem Laboratories Ltd Quarterly Result
The company reported 27.1% increase in net profit to Rs 240 crore on 7% increase in revenue from operations to Rs 2192.2 crore in Q4 FY21 over Q4 FY20. EBITDA declined 3.9% YoY to Rs 291.1 crore in Q4 FY21. Further, EBITDA margin was at 13.3% as on 31 March 2021 as against 14.8% as on 31 March 2020.
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Alkem Laboratories Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed Tuesday i.e., 10 August 2021 as the Record date. In addition, the declared dividend will be paid on and from 1st September 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:
Kindly refer to our intimation letter dated 14 May 2021, the Board of Directors at its meeting held today has recommended a final dividend of Rs. 5/- (Rupees Five only) per equity share of Rs. 2/- each for the
financial year ended 31 st March, 2021.
Important Dates
- Company – Alkem Laboratories Limited
- Script Name – ALKEM (NSE) and 539523 (BSE)
- Dividend Amount – 5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – 10 August 2021
- Payment Date – 1 September 2021
Also, you can find more information about Alkem Laboratories Limited on National Stock Exchange and Moneycontrol – Alkem Laboratories manufactures and sells pharmaceutical generics, formulations and nutraceuticals in India and globally.
