Rs 7/Share Dividend: Mid Cap Cement Company To Pay Dividend Soon, Record Date Fixed

Mid cap stock operating in cement sector Heidelberg Cement India on August 29 fixed September 20 as the record date for payment of dividend for the financial year 2023. Last trading price of Heidelberg Cement India share is Rs 186.80 apiece on BSE. Heidelberg Cement shares gained 7% in last 1-month. Check details below:

Heidelberg Cement India Sets Record Date For Dividend: According to the BSE filing of Heidelberg Cement India dated August 29, "The Company has fixed Wednesday, 20 September 2023 as the "Record Date" for the purpose of determining the members entitled to attend the AGM and receive dividend of Rs. 7 per Equity Share of Rs. 10 each (i.e., 70%) for the financial year 2022-23. The dividend on equity shares, if declared, at the AGM will be paid to the members within thirty days from the date of AGM."

Heidelberg Cement Stock Performance & Return: Current market price of Heidelberg Cement share is Rs 186.80 apiece with intraday gain of 0.54%. Its 52-week high price is Rs 232.90 apiece and 52-week low price is Rs 152.60 apiece, respectively. Its market capitalisation is Rs 4233.13 crore. Heidelberg Cement shares delivered 8% return in last 3-months, gained again 8% in last 6-months, fell 6% in last 1-year, and declined 27% in last 2-years.

Heidelberg Cement Financials: The company for the quarter ended June 30, 2023 declared its standalone total income at Rs 609.02 crore, down 1.05% as against its last quarter total income of Rs 615.51 crore. It announced its recent quarter net profit after tax at Rs 52.32 crore.

Heidelberg Cement About: HeidelbergCement India Limited is is a subsidiary of HeidelbergCement Group, Germany. The Company has its operations in Central India at Damoh (Madhya Pradesh), Jhansi (Uttar Pradesh) and in Southern India at Ammasandra (Karnataka). The Company entered India in 2006 with less than 3 Million ton capacity, according to its official website.

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