Marico declares interim dividend of Rs 4.50 per share

FMCG major Marico on Wednesday said its board has declared a second interim dividend of Rs 4.50 per equity share for FY2020-21.

“The board of directors of the company at its meeting… approved the declaration of second interim equity dividend for the financial year 2020-21 of Rs 4.50 per equity share of Rs 1 each, being 450 per cent on the paid-up equity share capital of Rs 129.13 crore,” Marico said in a regulatory filing.

Shares of Marico were trading 0.62 per cent higher at Rs 409 apiece on the BSE.

Advertisement

(Except for the headline, this story has not been edited by The Federal staff and is auto-published from a syndicated feed.)

Get breaking news and latest updates from India
and around the world on thefederal.com
FOLLOW US: