The Board of Directors of Orient Electric Ltd held its meeting on January 30, 2023. It has declared Interim Dividend of Rs 0.75 per equity share for the third quarter of financial year 2022-23.
Orient Electric Ltd CMP
The Current Market Price (CMP) or last traded price (LTP) of company was Rs 266.55 at the time of publishing this article. Its 52 weeks high was Rs 358.00 (on 07-Apr-2022) & 52 weeks low was Rs 244.00 (on 20-Jun-2022).
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Orient Electric Ltd Dividend Record Date
The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, will be 9 February 2023.
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 2023.
Important Dates
- Company – Orient Electric Ltd
- Script Name – ORIENTELEC (NSE) and 541301 (BSE)
- Dividend Amount – 0.75 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 9 February 2023
- Record Date – 9 February 2023
- Payment Date – 1 March 2023
- Current Market Price – Rs 266.55
- 52 Weeks High – Rs 358.00
- 52 Weeks Low – Rs 244.00
Also, you can find more information about Orient Electric Ltd on National Stock Exchange and Moneycontrol – Orient Electric Limited is an Indian multinational electrical equipment manufacturer, based in New Delhi and part of CK Birla Group. It is one of the leading consumer electrical brands in India selling fans, lighting, home appliances and switchgears.
