The Board of Directors of Manappuram Finance Limited (MANAPPURAM) at its meeting held on Wednesday, i.e. 26 May 2021 has declared interim dividend of Rs 0.75 per equity share for financial year 2020-21.
The company reported 35% rise in its standalone net profit at Rs 458 crore in the March quarter. It had earned Rs 340 crore net profit in the year ago period. During the latest March quarter, total consolidated income increased to Rs 1,630.25 crore from Rs 1,618.15 crore in the same period a year ago.
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Manappuram Finance Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 7 June 2021 as the Record date. Further, the declared dividend will be paid or dispatched on or before Thursday, June 22, 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 of Directors of the Company at its meeting held on May 26, 2021 has Declared an interim dividend of 75 Paise (seventy-five Paise only) per equity share of face value Rs 2.
Important Dates
- Company – Manappuram Finance Limited
- Script Name – MANAPPURAM (NSE) and 531213 (BSE)
- Dividend Amount – 0.75 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 4 June 2021
- Record Date – 7 June 2021
- Payment Date – On or before June 22, 2021
Also, you can find more information about Manappuram Finance Ltd on National Stock Exchange and Moneycontrol – Manappuram Finance, Ltd., formerly known as Manappuram General Finance & Leasing, Ltd., is an India-based Company, which provides general finance and leasing services. The Company operates as a non-banking finance company.
