The Board of Directors of Lincoln Pharmaceuticals Limited (LINCOLN) at its meeting held on May 25, 2021, has declared Final Dividend of Rs 1.5 per equity share. Meeting of the Board of Directors commenced at 11:00 a.m. and concluded at 12:30 p.m.
Lincoln Pharmaceuticals Limited Quarterly Result
The company posted standalone net profit of Rs. 12 crore for the fourth quarter ended March 31, against Rs. 9 crore in the corresponding quarter a year ago. Standalone net revenues from operations for the quarter stood at Rs. 78 crore. For the financial year ended March 2021, the company’s net profit stood at Rs. 60 crore
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Lincoln Pharmaceuticals Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed (—) as the Record date. In addition, the declared dividend will be paid on (—).
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.
Above all, here is the copy of statement, the company has sent to the exchanges:
Further to our letter dated 17 May 2021, we would like to inform that the Board of Directors of the Company at its meeting held today has recommended a dividend of Rs. 1.50/- (i.e. 15% per share) per equity share of face value of Rs. 10.00/- for the year ended March 31, 2021.
Important Dates
- Company – Lincoln Pharmaceuticals Limited
- Script Name – LINCOLN (NSE) and 531633 (BSE)
- Dividend Amount – 1.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – NA
Also, you can find more information about Lincoln Pharmaceuticals Limited on National Stock Exchange and Moneycontrol – Lincoln Pharmaceuticals manufactures small volume parenterals like Dry powder injectables, liquid vial, liquid ampoules and eye drops.
