The Board of Directors of Muthoot Finance (MUTHOOTFIN) at its meeting held on April 12, 2021, has declared an Interim Dividend of Rs 20 per equity share. The Board Meeting commenced at 2:30 PM (IST) and concluded at 4:05 PM (IST).
Muthoot Finance Quarterly Result
The company reported a 22 per cent jump in standalone profit after tax at Rs 991.4 crore for the quarter ended December 2020. The company had posted a profit of Rs 815.2 crore in the year-ago period. Total income grew 20 per cent to Rs 2,777 crore from Rs 2,321 crore earlier.
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Muthoot Finance Dividend Record Date
The company in its letter has informed the exchanges that it has fixed April 23, 2021 as the Record date. In addition, the declared dividend will be 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.
Above all, here is the copy of statement, the company has sent to the exchanges:
The Board of Directors of Muthoot Finance Limited at their meeting held today at the registered office of the Company has considered and approved payment of an interim dividend of Rs. 20 per equity share (200%). Further, The interim dividend will be paid to the shareholders within 30 days from the date of declaration.
Important Dates
- Company – Muthoot Finance
- Script Name – MUTHOOTFIN (NSE) and 533398 (BSE)
- Dividend Amount – 20 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 22 April 2021
- Record Date – 23 April 2021
- Payment Date – Within 30 days.
Also, you can find more information about Muthoot Finance on National Stock Exchange and Moneycontrol – Muthoot Finance Ltd. is an Indian financial corporation and the largest gold loan NBFC in the country. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins.
