The Board of Directors of DCM Shriram Ltd (DCMSHRIRAM) at its meeting held on 4 May 2021, has declared Final Dividend of Rs 3.8 per equity share. The meeting of the Board of Directors of the Company commenced at 11.45 AM.
DCM Shriram Ltd Q4 Result
The company posted a 15.42 per cent increase in consolidated net profit at Rs 232 crore for the fourth quarter of the 2020-21 fiscal on strong sales. Net income rose on a consolidated basis to Rs 2,221.42 crore during the fourth quarter of 2020-21 from Rs 1,928.77 crore in the year-ago period.
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DCM Shriram Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 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 Friday, 9 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 inform you that the Board of Directors of the Company at its meeting on 4.5.2021 has recommended final dividend of 190% i.e. Re. 3.80 per Equity Share of face value of Rs.2/- each for the financial year ended 31.3.2021.
Important Dates
- Company – DCM Shriram Ltd
- Script Name – DCMSHRIRAM (NSE) and 523367 (BSE)
- Dividend Amount – 3.8 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 8 July 2021
- Record Date – 9 July 2021
- Payment Date – 19 August 2021
Also, you can find more information about DCM Shriram Ltd on National Stock Exchange and Moneycontrol – DCM Shriram Consolidated Ltd runs two businesses energy intensive and agri business.The company is also the third largest manufacturer of Chlor-Alkali in the India.