Bajaj Consumer Care Ltd Declares Final Dividend of Rs 4

Bajaj Consumer Care Ltd Declares Final Dividend of Rs 4

The Board of Directors of Bajaj Consumer Care Ltd (BAJAJCON) held its meeting on April 19, 2021. It has declared Final Dividend of Rs 4 per equity share for the year 2020-21. The meeting commenced at 12:30 P.M. and concluded at 2:50 P.M.

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Bajaj Consumer Care Ltd Q4 Result

The company reported over two-fold growth in consolidated net profit at Rs 54.67 crore for the fourth quarter ended March 31, 2021 against a net profit of Rs 23.29 crore for January-March period a year ago. Its revenue from sale of goods was higher at Rs 244.86 crore as against Rs 172 crore in the year-ago period.

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Bajaj Consumer Care Ltd Dividend Record Date

The company in its letter informed the exchanges that it has fixed 14 June 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 14 June 2021.

To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, 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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Moreover, here is the copy of statement, the company has sent to the exchanges:

This is to inform you that the meeting of the Board of Directors of the Company recommended Final Dividend of 400% (i.e. Rs. 4/- per share, on Equity Shares of the Face Value of Re. 1/- each) for the Financial Year ended March 31, 2021. Information regarding Book closure and date of payment of Final dividend, if approved by the shareholders at the forthcoming Annual General Meeting the Company, will be intimated separately.

Important Dates

  • Company – Bajaj Consumer Care Ltd
  • Script Name – BAJAJCON (NSE) and 533229 (BSE)
  • Dividend Amount – 4 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 11 June 2021
  • Record Date – 14 June 2021
  • Payment Date – NA

Also, you can find more information about Bajaj Consumer Care Ltd on National Stock Exchange and Moneycontrol – Bajaj Consumer Care Ltd. is an Indian consumer goods company with major brands in hair care. The company is the 2nd largest player in the overall hair oils segment with its key brand, Bajaj Almond Drops Hair Oil commanding a 52% market share in light hair oil category.

 

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