MindTree Ltd Declares Final Dividend of Rs 17.5

MindTree Ltd Declares Final Dividend of Rs 17.5

The Board of Directors of MindTree Ltd (MINDTREE) at its meeting held on 16 April 2021, has declared Final Dividend of Rs 17.5 per equity share. The Board meeting concluded at 4.00 p.m.

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MindTree Ltd Q4 Result

The company reported a consolidated net profit of Rs 317.3 crore for the March quarter of fiscal year 2020-21 (Q4FY21), up 53.4 per cent from previous year’s profit of Rs 206.2 crore. Its revenue from operations stood, in rupee terms, at Rs 2,109.3 crore, clocking an improvement of 3 per cent YoY from Rs 2,050.5 core reported in Q4FY20.

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MindTree Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 6 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Tuesday, 6 July 2021.

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:

We would like to inform you that the Board of Directors of the Company at its meeting held on Friday has Recommended a Final Dividend of 175% (Rs. 17.50 per equity share of face value of Rs. 10/- each) for the
financial year ended March 31, 2021.

Important Dates

  • Company – MindTree Ltd
  • Script Name – MINDTREE (NSE) and 532819 (BSE)
  • Dividend Amount – 17.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 5 July 2021
  • Record Date – 6 July 2021
  • Payment Date – 31 July 2021

Also, you can find more information about MindTree Ltd on National Stock Exchange and Moneycontrol – Mindtree Limited, formerly known as Mindtree Consulting Limited, is a CMMI Level 5 international information technology (IT) consulting and implementation company.

 

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