The Board of Directors of Bimetal Bearings Ltd (BIMETAL) at its meeting held on 17 June 2021, has declared Dividend of Rs 8 per equity share. The meeting commenced at 4.30 p.m. and got concluded at 5.40 p.m.
Bimetal Bearings Ltd Q4 Result
The company has reported total income of Rs. 55.39 crores during the period ended March 31, 2021 as compared to Rs. 53.10 crores during the period ended December 31, 2020. It has posted net profit of Rs. 2.94 crores for the period ended March 31, 2021 as against net profit of Rs. 2.61 crores for the period ended December 31, 2020.
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Bimetal Bearings Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 16 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:
This is to inform that at the Board Meeting held today, the Board of Directors of the Company have approved the statement of audited financial results for the Financial Year ended 31 March 2021. Further, the Board of Directors have recommended a dividend of 80% (Rs.8/- per Share) for the financial year ended 31 March 2021.
Important Dates
- Company – Bimetal Bearings Ltd
- Script Name – BIMETAL (NSE) and 505681 (BSE)
- Dividend Amount – 8 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 15 July 2021
- Record Date – 16 July 2021
- Payment Date – 20 August 2021
Also, you can find more information about Bimetal Bearings Ltd on National Stock Exchange and Moneycontrol – Bimetal Bearings Ltd offers metallurgy and friction material, aluminium tin and non-plated copper lead bearings, Bushings and Thrust Washer, Sintered and Bonded Strips, Copper Lead Sintered Strips and sintered strips under the brand name Bimite.
