The Board of Directors of Tata Steel Limited (TATASTEEL) at its meeting held on May 05, 2021, has declared Final Dividend of Rs 25 per equity share. The Board meeting commenced at 3:30 p.m. (IST) and concluded at 6.55 p.m. (IST)
Tata Steel Limited Quarterly Result
Tata Steel on Wednesday reported a net profit of ₹6,593.5 crore for the quarter ended 31 March, 2021. The company had posted a net loss of ₹436.8 crore in the year-ago period. The company’s March-quarter consolidated total revenue from operations stood at ₹49,977 crore as against ₹36,009 crore a year ago.
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Tata Steel Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 18 June 2021 as the Record date. In addition, the declared dividend will be paid on or after July 2, 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:
This has reference to our letter dated April 28, 2021, the Board of Directors of the company at the meeting held today, i.e. May 5, 2021, inter alia, has recommended a dividend of ₹25/- per fully paid-up Ordinary Share of ₹10/- each (250%) to the shareholders of the Company for the Financial Year ended March 31, 2021.
Important Dates
- Company – Tata Steel Limited
- Script Name – TATASTEEL (NSE) and 500470 (BSE)
- Dividend Amount – 25 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 17 June 2021
- Record Date – 18 June 2021
- Payment Date – On or after July 2, 2021
Also, you can find more information about Tata Steel Limited on National Stock Exchange and Moneycontrol – Tata Steel is among the top steel producing companies in the world with an annual crude steel capacity of 34 million tonnes per annum.
