Fine Organic Industries Ltd Declares Final Dividend of Rs 6

Fine Organic Industries Ltd Declares Final Dividend of Rs 6

The Board of Directors of Fine Organic Industries Ltd (FINEORG) held its meeting on May 27, 2021. It has declared Final Dividend of Rs 6 per equity share for the financial year 2020-21. It has also declared Special Dividend of Rs 5 per equity share.

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Fine Organic Industries Ltd Q4 Result

Net profit of the company declined 13.90% to Rs 28.87 crore in the quarter ended March 2021 as against Rs 33.53 crore during the previous quarter ended March 2020. Sales rose 32.69% to Rs 321.69 crore in the quarter ended March 2021 as against Rs 242.43 crore during the previous quarter ended March 2020.

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Fine Organic Industries Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 17 August 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 Tuesday, 17 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 wish to inform you that the Board of Directors of the Company, at its meeting held today, has recommended a final dividend of Rs. 11/- (Rupees Eleven only) per equity share of Rs. 51- each fully paid up for the financial year ended March 31, 2021.

Important Dates

  • Company – Fine Organic Industries Ltd
  • Script Name – FINEORG (NSE) and 541557 (BSE)
  • Dividend Amount – 6 + 5 Rs Per Share
  • Dividend Type – Final + Special
  • Ex-Dividend Date – 13 August 2021
  • Record Date – 17 August 2021
  • Payment Date – 23 September 2021

Also, you can find more information about Fine Organic Industries Ltd on National Stock Exchange and Moneycontrol – Fine Organic Industries is the largest manufacturer of oleochemical-based additives in India and a strong player globally in this industry. The Company produces a wide range of specialty plant derived oleochemicals-based additives used in the food, plastic, cosmetics, paint ink, coatings and other specialty application in various industries.

 

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