Rs 4/Share Final Dividend: Large Cap Pharma Stock Declares Record Date

Sun Pharmaceuticals Industries Ltd. has fixed Friday, Jul 08, 2023, as the record date for the final dividend of Rs 4/share for the Financial Year 2022-23. The company informed the stock exchange in a regulatory filing on Friday, Jul 07, 2023.

The recommended final dividend shall be paid on or before Friday, Sep 08, 2023, if approved at the 31st AGM.

Record date and Dividend Payment

According to the regulatory filing by the Board of Directors of Sun Pharmaceuticals Industries Ltd., "The Company has fixed Friday, July 28, 2023, as the Record Date for the purpose of determining the Members eligible to receive final dividend of Rs. 4.00/- per equity share for FY2022-23. The final dividend, if approved at the 31st Annual General Meeting, shall be paid on or before Friday, September 8, 2023."

Stock Movement

The stock of Sun Pharma today opened at Rs 1035.50 on BSE, currently trading at Rs 1046.40, up 1.05% from its previous close. The shares surged 1.33% in the past 1 week and 5.20% in the past 2 weeks.

The stock gave 21.99% in the past 1 year. In the past 2 years, it gave 56.61%. It has given 111.96% return in the past 3 years. It has given 85.97% positive return in the past 5 years.

About - Sun Pharmaceutical Industries Limited

Sun Pharmaceutical Industries Limited is a pharmaceuticals company, engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulations. It is the largest pharmaceutical company in India. With a market capitalisation of Rs 2,51,060.53 Crore, it is a large-cap company.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.