The Board of Directors of Sundaram Finance Ltd (SUNDARMFIN) at its meeting held on 28 May 2021, has declared Final Dividend of Rs 6 per equity share for the financial year ended 31st March 2021.
Sundaram Finance Ltd Q4 Result
For the fourth quarter of FY21, the non-banking financial company (NBFC) registered a net profit of ₹ 209 crore compared to ₹ 131 crore in the same period previous year. Its disbursements in Q4 saw an increase of 13 per cent to ₹ 3,305 crore.
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Sundaram Finance Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 3 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Saturday, 3 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:
The Board of Directors has recommended a final dividend of 6/- per share (60%) for the financial year ended 31st March 2021, on the paid-up capital of 111.10 cr. This, together with the interim dividend of 12/- per share (120%) paid on 17th February 2021 will make a total dividend of 18/- per share (180%) for the financial year ended 31st March 2021.
Important Dates
- Company – Sundaram Finance Ltd
- Script Name – SUNDARMFIN (NSE) and 590071 (BSE)
- Dividend Amount – 6 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 1 July 2021
- Record Date – 3 July 2021
- Payment Date – NA
Also, you can find more information about Sundaram Finance Ltd on National Stock Exchange and Moneycontrol – Sundaram Finance Ltd is one of the oldest and largest providers of finance for the acquisition of commercial vehicles of all makes.The commercial vehicle finance provided by them helps the small operators to acquire vehicles with minimum hassle and documentation.
