Century Textiles Ltd Declares Dividend of Rs 1

Century Textiles Ltd Declares Dividend of Rs 1

The Board of Directors of Century Textiles Ltd (CENTURYTEX) at its meeting held on 6 May 2021, has declared Dividend of Rs 1 per equity share. The meeting commenced at 14:45 IST and concluded at 16:55 IST

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Century Textiles Ltd Q4 Result

The company reported 6.76% yoy increase in consolidated sales revenues for the Mar-21 quarter at Rs 839.39 cr. The net loss in the quarter was marginal at Rs -8.41 cr. On a sequential basis, revenues from paper was higher but textiles lower.

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Century Textiles Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 7 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Wednesday, 7 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:

This is now to inform you that the Board at its meeting held today has recommended a dividend of Re. 1/- (Rupee One only) per share of Rs. 10/- each equivalent to 10% (Ten percent) on paid up equity share capital of the Company for the year ended 31 March, 2021 as against 30% paid for the previous year.

Important Dates

  • Company – Century Textiles Ltd
  • Script Name – CENTURYTEX (NSE) and 500040 (BSE)
  • Dividend Amount – 1 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 6 July 2021
  • Record Date – 7 July 2021
  • Payment Date – 15 August 2021

Also, you can find more information about Century Textiles Ltd on National Stock Exchange and Moneycontrol – Century Textiles & Industries Ltd has a wide portfolio, that includes the manufacture of yarn, denim, viscose filament rayon yarn, tyrecords, caustic soda, sulfuric acid, salt, cement and pulp & paper.

 

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