Vesuvius India Ltd Declares Dividend of Rs 7

Vesuvius India Ltd Declares Dividend of Rs 7

The Board of Directors of Vesuvius India Ltd held its meeting on February 25, 2021. It has declared dividend of Rs 7 per equity share of face value of Rs 10 each, for the year ended December 31, 2020.

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Vesuvius India Ltd Quarterly Result

Quarterly Net Profit at Rs. 16.24 crore in December 2020 down 28.46% from Rs. 22.70 crore in Dec 2019. Vesuvius India EPS has decreased to Rs. 8.00 in Dec 2020 from Rs. 11.18 in Dec 2019. Net Sales at Rs 234.46 crore in Dec 2020 up 2.79% from Rs. 228.09 crore in Dec 2019.

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Vesuvius India Dividend Record Date

The company in its letter informed the exchanges that it has fixed 20 April 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 20 April 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 – 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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Moreover, here is the copy of statement, the company has sent to the exchanges:

We hereby disclose that at the meeting of the Board of Directors held today on February 25, 2021, the Board of Directors has recommended to the Members of the Company Dividend at the rate of Rs 7/- per share on 2,02,96,080 equity shares of face value Rs. 10/- each in respect of the year ended on Dec 31, 2020.

Important Dates

  • Company – Vesuvius India Ltd
  • Script Name – VESUVIUS (NSE) & 520113 (BSE)
  • Dividend Amount – 7 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 19 April 2021
  • Record Date – 20 April 2021
  • Payment Date – 11th May 2021

Also, you can find more information about Vesuvius India Ltd on NSE and Moneycontrol – Vesuvius India Ltd is engaged in the manufacture of specialised ceramics required in the continuous casting process of steel making.

 

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