The Board of Directors of Gateway Distriparks Ltd held its meeting on 27 April, 2021. It has declared Interim Dividend of Rs 5 per equity share of face value of Rs 10 each. The Board meeting commenced at 10.50 a.m. and concluded at 12.00 noon.
Gateway Distriparks Ltd Analysis
The company has reported an about four-fold increase in consolidated net profit to Rs 46.60 crore for the March quarter. It posted a consolidated net profit of Rs 11.69 crore in Q4 FY20, according to a statement. Total income rose 16.1 per cent to Rs 353.11 crore as against Rs 304.18 crore in the March quarter of fiscal 2019-20.
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Gateway Distriparks Ltd Dividend Record Date
The company in its letter informed the exchanges that it has fixed 4 May 2021 as the Record Date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on 4 May 2021.
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.
Moreover, here is the copy of statement, the company has sent to the exchanges:
This is to inform you that the Board of Directors, at their meeting held today. i.e. 27th April 2021 has approved the payment of First Interim Dividend of Rs.5/- per equity share of Rs.1 0/- each, for the financial year 2021-22 to the shareholders. Further, the interim dividend will be paid to the shareholders within 30 days from the date of declaration.
Important Dates
- Company – Gateway Distriparks Limited
- Script Name – GDL (NSE) & 532622 (BSE)
- Dividend Amount – 5 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 04 May 2021
- Record Date – 05 May 2021
- Payment Date – Within 30 days
Also, you can find more information about Gateway Distriparks Ltd on National Stock Exchange and Moneycontrol – Gateway Distriparks is a logistics company with three verticals: Container Freight Stations (CFS), Inland Container Depots (ICD) with rail movement and Cold Chain Storage & Logistics.
