The Board of Directors of Crompton Greaves Consumer Electricals Ltd (CROMPTON) at its meeting held on May 21, 2021, has declared Final Dividend of Rs 2.5 per equity share. The Meeting of the Board of Directors commenced at 3:33 P.M. (IST) and concluded at 6:03 P.M. (IST).
Crompton Greaves Consumer Electricals Ltd Quarterly Result
The company’s net profit surged 144% to Rs 249.08 crore on 48.3% jump in net sales to Rs 1522.05 crore in Q4 March 2021 over Q4 March 2020. Profit before tax (PBT) grew 68.9% to Rs 230.98 crore in Q4 FY21 as against Rs 136.72 crore in Q4 FY20.
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Crompton Greaves Consumer Electricals Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 July 2021 as the Record date. In addition, the final dividend, if declared at the AGM, shall be paid/credited on or after 26 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.
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 – Crompton Greaves Consumer Electricals Ltd
- Script Name – CROMPTON (NSE) and 539876 (BSE)
- Dividend Amount – 2.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 8 July 2021
- Record Date – 9 July 2021
- Payment Date – On or after 26 July 2021
Also, you can find more information about Crompton Greaves Consumer Electricals Ltd on National Stock Exchange and Moneycontrol – Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products ranging from fans lamps and luminaries to pumps and household appliances such as water heaters mixer grinders toasters irons and electric lanterns.
