Asian Paints Limited Declares Final Dividend of Rs 14.5

Asian Paints Limited Declares Final Dividend of Rs 14.5

The Board of Directors of Asian Paints Limited (ASIANPAINT) at its meeting held on May 12, 2021, has declared Final Dividend of Rs 14.5 per equity share. The Board Meeting commenced at 10.00 a.m. and concluded at 2.40 p.m.

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Asian Paints Limited Quarterly Result

Asian Paints registered a net profit of ₹ 870 crore in the January-March quarter of the financial year 2020-21, compared to ₹ 480 crore in the corresponding quarter of the previous fiscal. The company’s revenue from operations on a consolidated basis stood at ₹ 6,651.43 crore, compared to ₹ 4,635.59 crore in the year-ago period.

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Asian Paints Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 11 June 2021 as the Record date. In addition, the declared dividend will be paid on or after Friday, 2nd July, 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.

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

The Board of Directors of the Company at their meeting held today, have, inter alia, approved payment of final dividend of Rs. 14.50 (Rupees fourteen and paise fifty only) per equity share of the face value of Re.1 (Rupee one) each for the financial year ended 31st March, 2021.

Important Dates

  • Company – Asian Paints Limited
  • Script Name – ASIANPAINT (NSE) and 500820 (BSE)
  • Dividend Amount – 14.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 10 June 2021
  • Record Date – 11 June 2021
  • Payment Date – On or after 2 July, 2021

Also, you can find more information about Asian Paints Limited on National Stock Exchange and Moneycontrol – Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services.

 

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