The Board of Directors of Bajaj Auto Ltd (BAJAJ-AUTO) at its meeting held on 29 April 2021 , has declared Dividend of Rs 140 per equity share. The meeting commenced at 11.00 a.m. and concluded at 2.30 p.m.
Bajaj Auto Ltd Q4 Result
The company reported a 1.7 per cent year-on-year rise in its net profit to Rs 1,332.1 crore for the quarter ended March. The two-wheeler maker reported a 26 per cent on-year rise in revenues for the quarter to Rs 8,596.1 crore.
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Bajaj Auto Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 July 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.
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:
Given that the Company’s surplus is in excess of RS. 15,000 crore, in line with Company’s Dividend Distribution Policy, the Board of Directors has approved a dividend at at the rate of 90% of standalone PAT, or Rs. 140 per share (1400%) of face value of Rs. 10 each on equity shares.
Important Dates
- Company – Bajaj Auto Ltd
- Script Name – BAJAJ-AUTO (NSE) and 532977 (BSE)
- Dividend Amount – 140 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 8 July 2021
- Record Date – 9 July 2021
- Payment Date – 27 July 2021
Also, you can find more information about Bajaj Auto Ltd on National Stock Exchange and Moneycontrol – Bajaj Auto Ltd is into manufacturing of motorcycles, scooters and three-wheelers.The company has launched brands like Boxer, Caliber, Pulsar and many more.
