7200% Interim Dividend Declared: FMCG Stock Announces, Don't Miss Record Date

Large cap stock operating in FMCG sector, Britannia Industries Ltd today declared an interim dividend @ 7200% i.e. Rs 72/- per equity share for the financial year 2022-23. The stock delivered return of 33% in last 1-year. The stock with no threat has a dividend yield of 1.31%. The record date is April 13, 2023. Check details below:

Britannia Industries Ltd Declares Interim Dividend: According to the BSE filing of the company, "Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Board of Directors of the Company have, at their meeting held today i.e., 4th April, 2023, inter alia, declared an Interim Dividend @ 7200% i.e., Rs. 72/- per Equity Share of face value of Re. 1/- each for the Financial Year 2022-23. Further, as communicated in our letter dated 28th March, 2023, intimating the date of the Board meeting, the record date for determining the eligibility of shareholders for payment of Interim Dividend is Thursday, 13th April, 2023."

Britannia Industries Ltd Stock Performance & Return: The last trading price of Britannia Industries is Rs 4320.45 apiece on BSE. The stock's 52-week high price is Rs 4680.00 apiece and 52-week low price is Rs 3150.00 apiece, respectively. The company's market capitalisation is Rs 1,04,065.94 crore. The stock gave return of 14% in last 6-months, 33% in last 1-year, 19% in last 2-years, and 68% in last 3-years. It jumped 69% in last 5-years, and 1563% in last 10-years.

Britannia Industries Ltd Dividend History: The company has been maintaining an attractive dividend history and consistently declared dividends in the last 5-years. The company for the year ending March 2022 announced an equity dividend of 5650.00% i.e. Rs 56.5 per share. If the stock's last trading of Rs 4320.45 is taken into consideration, it has a dividend yield of 1.31%.

Britannia Industries Ltd About: Established in Kolkata in 1892, Britannia is a household name in India, and one of the country's leading food products companies. Its key businesses are in bakery, dairy, and adjacent snacking categories and our operations span over 80 countries in the world, according to its official website.

Disclaimer: The stock declared interim dividend today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.