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Britannia Industries Dividend: The country’s leading FMCG company Britannia Industries has announced an interim dividend (dividend) of Rs 72 per share for the financial year 2022-23. The company has given this information to the stock markets. This can be considered very good news for the investors and they were waiting for it.
Decision taken in the meeting of the Board of Directors
In the meeting of the Board of Directors of the company held on Tuesday, it was decided to pay an interim dividend of Rs 72 per equity share of face value of Re 1 for 2022-23. If it is seen in terms of percentage, then the company has announced to give an excellent dividend of 7200 percent to its investors, which can be said to be quite encouraging.
What is the record date for dividend
The record date for determining the eligibility of shareholders for interim dividend payment is April 13, 2023. In the financial year 2021-22, Britannia Industries had given an interim dividend of Rs 56.50 per share.
Britannia Industries gave information in the exchange filing
This dividend of Britannia Industries, which manufactures food items like biscuits, bread, will be paid under the deduction / withholding of applicable tax to the investors. This dividend will reach the investors on the basis of the timeline fixed under the law. The FMCG giant has given the information to the exchange in its filing.
What is the share price of Britannia Industries today?
Today the stock of Britannia Industries is trading at Rs 4,342.90 and the news of its dividend is showing a boom in the stock. The stock of Britannia Industries is trading today with a gain of Rs 20.65 or 0.48 per cent. If we look at the market cap of the company, it is Rs 1.05 lakh crore and the company is giving good returns to the investors.
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