FMCG Company, With Attractive Dividend History, To Consider Dividend Soon, Record Date Fixed

Board of directors of leading FMCG major, Britannia Industries will meet on April 4, 2023 to consider the payment of interim dividend for the financial year 2022-23. The company fixed April 13, 2023 as the record date. The stock gave a return of 37% in last 1-year. The stock rallied 1.82% in trade today on BSE. Check details pertaining to the stock below:

Britannia Industries Ltd To Approve Interim Dividend, Fix Record Date Soon: The company in its BSE filing dated March 28, 2023 stated, "Meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 4th April, 2023 to, inter alia, consider the payment of Interim Dividend on the Equity Share Capital of the Company for the financial year 2022-23 to the Equity Shareholders of the Company." It fixed 13th April, 2023 as the record date.

Britannia Industries Ltd Stock Performance & Return: Last trading price of Britannia Industries Ltd is Rs 4275.90 apiece with intraday gain of 1.82%. Its 52-week high is Rs 4680.00 apiece and 52-week low price is Rs 3091.30 apiece, respectively. The company has a market capitalisation of Rs 1,02,992.87 crore. It gave return of 10% in last 6-months, 22% in last 2-years, and 68% in last 3-years. It gave 1531% return in last 10-years.

Britannia Industries Ltd Dividend History: The company has been maintaining a good dividend history as it consistently declared dividends in the last 5-years. The company for the year ending March 2022 announced an equity dividend of 5650.00% amounting to Rs 56.5 per share. If the last trading price of the stock is taken into consideration, it has a dividend yield of 1.32%.

Britannia Industries Ltd About: Britannia Industries is one of India's leading food companies with a 100-year legacy and annual revenues in excess of Rs. 9000 Cr. Britannia is among the most trusted food brands, and manufactures India's favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannia's product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt. Britannia products are available across the country in close to 5 million retail outlets and reach over 50% of Indian homes, according to its official website.

Disclaimer: The stock will soon declare interim dividend. 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.