The Board of Directors of Newgen Software Technologies Limited (NEWGEN) at its meeting held on 25 May 2021, has declared Final Dividend of Rs 3.5 per equity share. The board meeting commenced at 10:00 A.M. and concluded at 10:55 A.M.
Newgen Software Technologies Limited Quarterly Result
The company reported a 27.2 per cent rise in consolidated net profit at Rs 52.7 crore for the March 2021 quarter. It had registered a net profit of Rs 41.5 crore in the year ago. Its revenue grew 4.8 per cent to Rs 200 crore in the quarter under review from Rs 190.8 crore in the year-ago period
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Newgen Software Technologies Limited Dividend Record Date
The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, at the ensuing AGM of the Company, will be Friday, 16th 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.
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 the Company at its meeting held today i.e. Tuesday, 25th May 2021 has recommended a final dividend of Rs. 3.5/- per Equity Share of Rs. 10/- each, (i.e. 35% on the paid up equity share capital) of the Company for the financial year 2020-21.
Important Dates
- Company – Newgen Software Technologies Limited
- Script Name – NEWGEN (NSE) and 540900 (BSE)
- Dividend Amount – 3.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 15 July 2021
- Record Date – 16 July 2021
- Payment Date – 26 August 2021
Also, you can find more information about Newgen Software Technologies Limited on National Stock Exchange and Moneycontrol – Newgen Software Technologies is a software products company offering a platform that enables organisations to rapidly develop powerful applications addressing their strategic business needs.
