Kennametal India Ltd Declares Interim Dividend of Rs 20

Kennametal India Ltd Declares Interim Dividend of Rs 20

The Board of Directors of Kennametal India Ltd (KENNAMET) at its meeting held on May 12, 2021, has declared an Interim Dividend of Rs 20 per equity share. The meeting commenced at 5:45 PM and concluded at 08:30 PM.

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Kennametal India Ltd Quarterly Result

The company has reported total income of Rs.231.1 crores during the period ended March 31, 2021 as compared to Rs.185.5 crores during the period ended March 31, 2020. It has also has reported EPS of Rs.9.99 for the period ended March 31, 2021 as compared to Rs.4.41 for the period ended March 31, 2020.

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Kennametal India Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 25 May 2021 as the Record date. In addition, the declared dividend will be paid within 30 days.

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 – 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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Above all, here is the copy of statement, the company has sent to the exchanges:

This is to inform you that the Board of Directors of Kennametal India Limited (the “Company”) at its meeting held today, considered and declared Interim Dividend of Rs.20/- per equity share for the financial year 2020-21. It has also approved the Standalone and Consolidated un-audited financial results of the Company for the
third quarter and nine months ended March 31, 2021.

Important Dates

  • Company – Kennametal India Limited
  • Script Name – KENNAMET (NSE) and 505890 (BSE)
  • Dividend Amount – 20 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 24 May 2021
  • Record Date – 25 May 2021
  • Payment Date – Within 30 days

Also, you can find more information about Kennametal India Ltd on National Stock Exchange and Moneycontrol – Kennametal India Ltd manufactures Machine Tools. It has engineered innovative metal-cutting products using complex metallurgy and materials science in tungsten carbide, ceramics, high-speed steels and other materials.

 

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