Chambal Fertilisers share dividend 2023: Check record date and amount

Chambal Fertilisers Dividend Record Date 2023: Chambal Fertilisers and Chemicals Limited has announced to pay 45 per cent dividend to its shareholders. According to an exchange filing by the company, the board at its meeting held on Tuesday, February 7, approved an interim dividend worth Rs 4.50 per equity share. The current face value of each share of Chambal Fertilisers is Rs 10.

"The Board of Directors of the Company at its meeting held on February 07, 2023, declared an interim dividend of Rs. 4.50 (i.e. 45%) per equity share of Rs.10 each of the Company," the company said in the filing.

It means that if an investor has 100 shares of Chambal Fertilisers in his Demat account on the record date, the company will pay him Rs 450 dividend (Rs 4.50 x 100 shares).

Chambal Fertilisers Dividend 2023 Record Date

The company has also fixed the record date for determining the eligibility of shareholders for the payment of dividend. Chambal Fertilisers dividend record date is February 16.

The dividend will be credited directly in the bank account of the shareholders. The company said that the dividend will be paid to the shareholders on/before March 7, 2023.

Chambal Fertilisers and Chemicals Ltd Q3 Results

Chambal Fertilisers reported a near 26 per cent slump in quarterly profit on Tuesday after a weak demand due to erratic monsoon led to a pile-up of unsold stock. The agro-products manufacturer's consolidated net profit fell to 3.24 billion rupees ($39.18 million) for the three months ended Dec. 31, from 4.35 billion rupees a year earlier.

Shares of Chambal Fertilisers finished at 1.68 per cent lower at Rs 289.20 apiece on NSE during Tuesday's tradinf session. The stock has yielded a negative return of around 25 per cen in the past one year. 

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