The Board of Directors of Indiabulls Housing Finance Limited (IBULHSGFIN) at its meeting held on Wednesday, i.e. 19 May 2021 has declared interim dividend of Rs 9 per equity share for financial year 2020-21.
The company reported a 102 per cent increase in its net profit to ₹276 crore for the quarter ended March 31, 2021 as against ₹137 crore in the same period in the previous fiscal. However, for 2020-21, its net profit fell to ₹1,201.5 crore from ₹2,165.92 crore in 2019-20. Its loan book shrunk to Rs 66,047 crore in March 2021 from Rs 73,065 crore in March 2020.
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Indiabulls Housing Finance Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 31 May 2021 as the Record date. Further, the declared dividend will be paid on or before Thursday, June 17, 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. So, 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:
We wish to inform you that the Board at its aforesaid meeting has declared an Interim Dividend of INR 9/- per equity share (on the face value of INR 2 per share) for the financial year 2020-21, and that the Record Date for the purpose of determining the names of members eligible for receipt of the interim dividend will be Monday, May 31, 2021.
Important Dates
- Company – Indiabulls Housing Finance Limited
- Script Name – IBULHSGFIN (NSE) and 535789 (BSE)
- Dividend Amount – 9 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 28 May 2021
- Record Date – 31 May 2021
- Payment Date – On or before June 17, 2021
Also, you can find more information about Indiabulls Housing Finance Ltd on National Stock Exchange and Moneycontrol – Indiabulls Housing Finance Limited is a mortgage lender headquartered in Gurugram, Haryana, India. It is India’s second largest housing finance company and is regulated by the National Housing Bank.
