GlaxoSmithKline Pharmaceuticals Ltd Declares Dividend of Rs 30

GlaxoSmithKline Pharmaceuticals Ltd Declares Dividend of Rs 30

The Board of Directors of GlaxoSmithKline Pharmaceuticals Limited (GLAXO) held its meeting on Friday i.e., 18 May 2021. It has declared Dividend of Rs 30 per equity share for the financial year 2020-21. The Meeting of the Board of Directors of the Company 03.30 p.m. and concluded at 07.00 p.m.

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GlaxoSmithKline Pharmaceuticals Quarterly Result

The company reported a net profit of ₹ 14.33 crore on the consolidated basis in the January-March quarter for the financial year 2020-21. Further, revenue from operations during the March quarter stood at ₹ 813.75 crore, compared to ₹ 775.80 crore in the year-ago period.

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GlaxoSmithKline Pharmaceuticals Dividend Record Date

The board has fixed Tuesday, i.e. 20 July 2021 as the Record date for determining entitlement of shareholders to receive the dividend for financial year ended 31st March, 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.

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Moreover, here is the copy of statement, the company has sent to the exchanges:

We wish to inform you that a meeting of the Board of Directors of the Company was held today. The Board has recommended a dividend of Rs. 30/- per equity share on face value of Rs.10 each for the year ended 31st March 2021, subject to approval of members at 96th Annual General Meeting.

Important Dates

  • Company – GlaxoSmithKline Pharmaceuticals Limited
  • Script Name – GLAXO (NSE) & 500660 (BSE)
  • Dividend Amount – 30 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 19 July 2021
  • Record Date – 20 July 2021
  • Payment Date – 26 August 2021

Also, you can find more information about GlaxoSmithKline Pharmaceuticals Limited on National Stock Exchange and Moneycontrol -GlaxoSmithKline Ltd is one of the oldest pharma companies in India. Its product portfolio includes prescription medicines and vaccines.

 

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