The Board of Directors of SKF India Ltd (SKFINDIA) at its meeting held on 14 May 2021, has declared Dividend of Rs 14.5 per equity share. The board meeting commenced at 14:00 hrs and concluded at 16.00 hrs.
SKF India Ltd Q4 Result
The company reported 38.9% yoy increase in consolidated sales revenues for the Mar-21 quarter at Rs 847.53 cr The net profit in the Mar-21 quarter was up 39.2% to Rs 104.87 cr on a yoy basis. Net profit margins at 12.37% were marginally higher than 12.35% reported in the Mar-20 quarter.
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SKF India Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 7 July 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.
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:
We wish to inform you that Board of Directors of the Company at its meeting held today recommended to the members final dividend of Rs. 14.50 per equity share for the financial year ended March 31, 2021 which shall be paid/dispatched Within thirty days of AGM.
Important Dates
- Company – SKF India Ltd
- Script Name – SKFINDIA (NSE) and 500472 (BSE)
- Dividend Amount – 14.5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 6 July 2021
- Record Date – 7 July 2021
- Payment Date – 22 August 2021
Also, you can find more information about SKF India Ltd on National Stock Exchange and Moneycontrol – SKF India Ltd is a leading global supplier of rolling bearing and seals. The company provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems.
