The Board of Directors of Shriram Transport Finance Company Limited (SRTRANSFIN) at its meeting held on April 29, 2021 has declared Final Dividend of Rs 6 per equity share for financial year 2020-21. The Board meeting commenced at 03.30 P.M. and concluded at 5.45 P.M.
Shriram Transport Finance Q4 Result
The company reported a 238 per cent year-on-year (yoy) jump in fourth quarter net profit at ₹755 crore against ₹223 crore in the year ago period. The net interest income rose about 10 per cent y-o-y to ₹2,151 crore (₹1,962 crore).
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Shriram Transport Finance Dividend Record Date
The company in its letter informed the exchanges that it has fixed 17 Jun 2021 as the Record date. The final dividend, subject to the approval of the Members at the 42nd AGM, will be paid to eligible Members on or after July 07, 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. 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 inform you that the Board of Directors of the Company at their meeting held today has recommended a final dividend of Rs.6/- per share of Rs.10/-each fully paid-up (i.e. 60%) for the financial year ended March 31, 2021. This is in addition to the two Interim Dividends for the Financial Year 2020-21 declared by the Company.
Important Dates
- Company – Shriram Transport Finance Company
- Script Name – SRTRANSFIN (NSE) and 511218 (BSE)
- Dividend Amount – 6 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 16 June 2021
- Record Date – 17 June 2021
- Payment Date – On or after July 07, 2021
Also, you can find more information about Shriram Transport Finance Company on National Stock Exchange and Moneycontrol – Shriram Transport Finance Company is one of the largest asset financing NBFCs in India. The services offered by the company includes Commercial Vehicle Finance, Passenger Commercial Vehicle Finance, Multi Utility Vehicle Finance, Three wheeler Finance, Tractor Finance and Construction Equipment Finance.
