The Board of Directors of Hercules Hoists Ltd (HERCULES) held its meeting on May 25, 2021. It has declared Final Dividend of Rs 1.5 per equity share for the financial year 2020-21.
Hercules Hoists Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 2 August 2021 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 2 August 2021.
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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 – In conclusion, 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:
As per rule no. 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Board of Directors of our company has recommended dividend of Rs. 1.50/- per share (150%) subject to approval in ensuing Annual General Meeting.
Important Dates
- Company – Hercules Hoists Ltd
- Script Name – HERCULES (NSE) and 505720 (BSE)
- Dividend Amount – 1.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 30 July 2021
- Record Date – 2 August 2021
- Payment Date – 9 September 2021
Also, you can find more information about Hercules Hoists Ltd on National Stock Exchange and Moneycontrol – Hercules Hoists Ltd is a manufacturer of material-handling equipment. The company sells their products under the brand name Indef. They have also appointed business facilitators at several strategic locations to facilitate business transactions and to estimate customer application needs.
