Zydus Wellness Ltd Declares Final Dividend of Rs 5

Zydus Wellness Ltd Declares Final Dividend of Rs 5

The Board of Directors of Zydus Wellness Ltd (ZYDUSWELL) at its meeting held on 10 May 2021, has declared Final Dividend of Rs 5 per equity share. The Board meeting commenced at 11:30 A.M. and concluded at 1:30 P.M.

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Zydus Wellness Ltd Quarterly Result

The company reported a 92.66 per cent rise in its consolidated net profit to Rs 133.13 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 69.10 crore for the corresponding period of the previous fiscal. Further, consolidated sales of the company stood at Rs 600.75 crore for the fourth quarter.

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Zydus Wellness Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 15 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 Thursday, i.e. 15 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.

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

Dear Sir, The Board of Directors at their meeting held today have recommended final dividend of Rs. 5.00/- (@ 50%) per equity share of Rs. 10/- each, subject to approval of the shareholders at the ensuing Annual General Meeting scheduled to be held on July 30, 2021.

Important Dates

  • Company – Zydus Wellness Ltd
  • Script Name – ZYDUSWELL (NSE) and 531335 (BSE)
  • Dividend Amount – 5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 14 July 2021
  • Record Date – 15 July 2021
  • Payment Date – On or after August 4, 2021

Also, you can find more information about Zydus Wellness Ltd on National Stock Exchange and Moneycontrol – Zydus Wellness Ltd is an Indian consumer goods company headquartered in Ahmedabad, Gujarat. It also produces nutrition and skincare products, and is a subsidiary of the pharmaceutical company Cadila Healthcare.

 

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