Tata Consumer Products Ltd Declares Final Dividend of Rs 4.05

Tata Consumer Products Ltd Declares Final Dividend of Rs 4.05

The Board of Directors of Tata Consumer Products Limited (TATACONSUM) at its meeting held on May 6, 2021, has declared Final Dividend of Rs 4.05 per equity share. The Board meeting commenced at 02:00 p.m. and concluded at 04:15 p.m.

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Tata Consumer Products Ltd Quarterly Result

The company on May 6 reported consolidated net profit of Rs 53.9 crore for the March 2021 quarter, against loss of Rs 76.49 crore in the year-ago quarter. Consolidated revenue in Q4FY21 came in at Rs 3,037.22 crore, thus registering a 26.3 percent growth over Rs 2,405.03 crore, reported in the corresponding quarter of the previous fiscal.

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Tata Consumer Products Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 11 Jun 2021 as the Record date. In addition, the declared dividend will be paid within 30 days of 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.

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Above all, here is the copy of statement, the company has sent to the exchanges:

We hereby inform you that the Board of Directors of the Company at its Meeting held today i.e. May 6, 2021 recommended a final dividend of Rs. 4.05/- per equity share of Re. 1 each (405%), for the financial year 2020-21. The Dividend, if approved by the members at the ensuing Annual General Meeting (AGM), will be paid/dispatched after the AGM and within 30 days of its declaration.

Important Dates

  • Company – Tata Consumer Products Ltd
  • Script Name – TATACONSUM (NSE) and 500800 (BSE)
  • Dividend Amount – 4.05 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 10 Jun 2021
  • Record Date – 11 Jun 2021
  • Payment Date – Within 30 Days.

Also, you can find more information about Tata Consumer Products Ltd on National Stock Exchange and Moneycontrol – Tata Consumer Products is an integrated Food & Beverage company. It is amongst the Top 10 Food & Beverage companies in India with a vision to become a multi-category FMCG major.

 

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