JM Financial Ltd Declares Dividend of Rs 0.5

JM Financial Ltd Declares Dividend of Rs 0.5

The Board of Directors of JM Financial Limited (JMFINANCIL) held its meeting on 5 May 2021. It has declared Dividend of Rs 0.5 per equity share for the financial year 2020-21. The Board meeting commenced at 2:15 pm and concluded at 5.00 pm.

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JM Financial Ltd Quarterly Result

JM Financial has posted a 35.35 per cent rise in consolidated net profit of ₹ 176.71 crore for the fourth quarter ended March 31, 2021, compared with ₹ 130.56 crore recorded during the same period a year ago. The firm recorded a total income of ₹ 841.13 crore, marginally up from the ₹ 840.58 crore recorded during the three-month period of the last financial year.

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JM Financial Ltd Dividend Record Date

The board has fixed Monday, i.e. 31 May 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 the board of directors of the company, at its meeting held today, has recommended a dividends of Re. 0.50 per share for financial year 2020-21. The board has also approved the standalone and consolidated audited financial result for year ended March 31, 2021.

Important Dates

  • Company – JM Financial Limited
  • Script Name – JMFINANCIL (NSE) & 523405 (BSE)
  • Dividend Amount – 0.5 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 28 May 2021
  • Record Date – 31 May 2021
  • Payment Date – Within 30 days

Also, you can find more information about JM Financial Limited on National Stock Exchange and Moneycontrol -The Company is an integrated and diversified financial services group offering a wide range of capital market services to its corporate and individual clients.

 

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