CAMS Limited Declares Final Dividend of Rs 11.84

CAMS Limited Declares Final Dividend of Rs 11.84

The Board of Directors of Computer Age Management Services Limited (CAMS) at its meeting held on 25 May 2021, has declared Final Dividend of Rs 11.84 per equity share. The Meeting of the Board of Directors 1230 hours(IST) and concluded at 1630 hours(IST).

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CAMS Limited Quarterly Result

Company’s consolidated net profit increased 39.6% to Rs 60.13 crore on 14.3% rise in revenue from operations to Rs 199.77 crore in Q4 FY21 over Q4 FY20. Profit before tax stood at Rs 80.87 crore in Q4 FY21, up 19.8% over Q4 FY20. Profit after tax margin stood at 29.5% for Q4 FY21 as against 24.1% in Q4 FY20.

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CAMS Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 29 July 2021 as the Record date. In addition, the expected date of disbursement of the dividend is 30th day of August, 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:

We write to advice that the Board of Directors of the Company, at its Meeting held today has recommended payment of a final dividend of Rs. 10/- per equity share (100%) on a paid-up equity share of Rs. 10/- each, for the financial year ended 31 December 2020.

Important Dates

  • Company – Computer Age Management Services Limited
  • Script Name – CAMS (NSE) and 543232 (BSE)
  • Dividend Amount – 11.84 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – NA
  • Record Date – 29 July 2021
  • Payment Date – 30 August 2021

Also, you can find more information about CAMS Limited on National Stock Exchange and Moneycontrol – CAMS Limited is a Mutual Fund Transfer Agency to the Indian Asset Management Companies with a share of approximate 70% of the assets under management (AuM).

 

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