Midcap Pharma Stock Recommended Rs 194/Share Final Dividend & Rs 183/Share Special Dividend

Sanofi India Ltd today, 23 February 2023, recommended a Final & Special Dividend for the Financial Year 2023 ending 31st March. The stock recommended a Final dividend of Rs 194/share and a Special Dividend of Rs 183/share. The stock last year paid Rs 193/share special dividend. It is a midcap stock operating in the Pharmaceuticals sector having a market capitalisation of Rs 12,341.07 crore. Check below to know more:

Sanofi India's Stock Overview - CMP, 52 Week low/High, Returns

The stock of Sanofi India last traded at Rs 5,358.55 apiece, falling 0.75% as compared to its previous close.

The stock declined 4.76% in the last 1 month, and 2.24% in the last 3 months, respectively. It declined 26.71% in the last 1 year and 26.71% in the last 3 years, respectively. However, it gave an 11.04% positive return in the last 5 years.

The stock recorded its 52 week high on 8 April 2022 at Rs 7,938.90 apiece and 52 week low on 8 February 2023 at Rs 5,240 apiece, respectively.

 

Sanofi India Recommended Special & Final Dividend

The Board of Directors of Sanofi India Ltd in its regulatory filing on 23rd February 2023. said, "Recommended a final dividend of Rs. 194/- per equity share of the face value of Rs.10/- each and a second special dividend of Rs. 183/- per equity share of the face value of Rs.10/- each for the financial year ended 31 st December 2022, subject to approval by the Shareholders at the 67th Annual General Meeting. The Company had earlier paid onetime special Interim Dividend of Rs. 193/- per equity share on 22nd August 2022. The total dividend for the financial year 2022, including the proposed final dividend, one-time special interim dividend and second special dividend, amounts to Rs. 570/- per equity share of the face value of Rs.10/- each. The Dividend, if approved by the Shareholders will be paid on or after 22nd May 2023;"

 

Sanofi India's Dividend History

The stock has an excellent track record of Dividend payments. Since May 2001, it has declared 48 dividends including these 2 final and special Dividends. Among these 48 Dividends, 7 are Special Dividends, 22 are Final Dividends and 19 are Interim Dividends. In 2022, the stock paid a Rs 193/share Special Dividend.

 

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