Hindustan Petroleum Ltd Declares Final Dividend of Rs 22.75

Hindustan Petroleum Ltd Declares Final Dividend of Rs 22.75

The meeting of the Board of Directors of Hindustan Petroleum Corporation Ltd (HINDPETRO) was held on 20 May 2021. As a consequence, a Final Dividend of Rs 22.75 per equity share for the financial year 2020-21 was declared. The Meeting of the Board of Directors commenced at 2.30 p.m. and concluded at 5.20 p.m.

dividends9 telegram

 

Hindustan Petroleum Ltd Q4 Result

The companys reported its March quarter net profit soaring many folds to Rs 3,018 crore. The company had a net profit of Rs 27 crore in January-March 2020. For the full 2020-21 fiscal year (April to March), HPCL posted a record net profit of Rs 10,664 crore as compared to Rs 2,637 crore for the previous year.

Similar Posts

Hindustan Petroleum Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 11 July 2021 as the Record date. Consequently, the book closure dates for determining the eligibility of the Shareholders receive the Final Equity Dividend is fixed from 12 July 2021 to 16 July 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 – In other words, 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.

dividends9 telegram

dividends9 telegram

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

Further to our letter Ref Co.Secy./VM/258/2021 dated May 10, 2021 , we wish to inform that at the Board Meeting held today, the Board of Directors has recommended Final Equity Dividend of Rs. 22.75 per Equity Share of face value of Rs. 10/- each for the Financial Year 2020-2021.

Important Dates

  • Company – Hindustan Petroleum Ltd
  • Script Name – HINDPETRO (NSE) and 500104 (BSE)
  • Dividend Amount – 22.75 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 8 July 2021
  • Record Date – 11 July 2021
  • Payment Date – NA

Also, you can find more information about Hindustan Petroleum Ltd on National Stock Exchange and Moneycontrol – Hindustan Petroleum Ltd owns and operates the largest lube refinery in the country producing lube base oils of international standards.

 

Written by 

One thought on “Hindustan Petroleum Ltd Declares Final Dividend of Rs 22.75

Leave a Reply

Your email address will not be published. Required fields are marked *