Coforge Limited Declares Interim Dividend of Rs 13

Coforge Limited Declares Interim Dividend of Rs 13

The Board of Directors of Coforge Limited (COFORGE) at its meeting held on Thursday, i.e. 6 May 2021 has declared interim dividend of Rs. 13 per equity share for financial year 2020-21.

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Coforge Limited Quarterly Result

The company reported a 17 per cent rise in consolidated net profit at Rs 133 crore for quarter ended March 2021. Its consolidated revenue from operations rose 13.7 per cent to Rs 1,261.5 crore in the fourth quarter of the last fiscal. In constant currency terms, revenue grew 5.1 per cent over the preceding quarter.

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Coforge Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 19 May 2021 as the Record date. Further, the declared dividend will be paid within 30 days.

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. So, 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:

The Board has also declared interim dividend of Rs. 13/- (Rupees Thirteen only) per Equity Share of the Company the face value of Rs. 10/- each fully paid-up, for the financial year 2020-21. The payment of interim dividend’ dispatch of dividend warrants would be done within 30 days from the date of declaration of dividend.

Important Dates

  • Company – Coforge Limited
  • Script Name – COFORGE (NSE) and 532541 (BSE)
  • Dividend Amount – 13 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 18 May 2021
  • Record Date – 19 May 2021
  • Payment Date – Within 30 days.

Also, you can find more information about Coforge Limited on National Stock Exchange and Moneycontrol – Coforge is an Indian multi national IT company engaged in application development and maintenance, managed services, cloud computing and business process outsourcing to organizations in the financial services, insurance, travel, transportation and logistics, manufacturing and distribution and government sectors.

 

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