Categories
India Market

Somany Ceramics shares gain 2% after the company declares dividend of Rs 2.40

Sumary of Somany Ceramics shares gain 2% after the company declares dividend of Rs 2.40:

  • The tiles maker declared an interim dividend of Rs 2.40 per share, which is 120 percent higher compared to the face value of Rs 2 each, for the financial year 2020-21…
  • Somany Ceramics share price was up 2 percent intraday on March 18 after the company declared an interim dividend…
  • The company said it has fixed March 25 as a record date for determining the entitlement of equity shareholders to receive interim dividend, it said in an exchange filing…
  • Since exchanges follow a T+2 cycle, one has to buy shares of any given company at least two days before the record date to be eligible for the dividend…
  • The Board of Somany Ceramics at its meeting held on March 17, 2021, also approved the modernisation-cum-expansion of the production line at the Kassar Plant of the company….

Want to know more click here go to source.