Along side its results, the kitchen and homeware company has recommended a final dividend of Rs. 60 per share. This considering the company's previous interim dividend of Rs. 90, takes the company's dividend yield for Fy 22 to 2.85%.
Final dividend recommended of Rs. 60 per share
"Recommended payment of final dividend of Rs.60 per equity share of the face value of
Rs.10 per Equity Share for the financial year ended March 31, 2022, to the shareholders subject to the approval of the shareholders at the ensuing 62nd Annual General Meeting (AGM) to be held on Thursday, August 4, 2022. The said dividend shall be paid latest by September 3, 2022. Together with the Interim Dividend of Rs.90 per equity share paid in August 2021, the total dividend for the financial year 2021-22 amounts to Rs.150 per equity share of the face value of Rs.10 per Equity Share", said the company's filing.
"Approved the closure of Register of Members and Share Transfer Books of the Company from Friday, July 29, 2022, to Thursday, August 4, 2022 (both days inclusive), for the payment of final dividend and the 62nd Annual General Meeting of the Company to be held on August 4, 2022", said the filing.