Dividend News: Tiger glucose biscuit maker Britannia announces BUMPER dividend of 7200% payout — Check out record date
Britannia dividend 2023, Britannia dividend 2023 record date: FMCG major Britannia's board has declared an Interim Dividend of 7200%, that is — Rs 72 per Equity Share of face value of Re 1 each for the Financial Year 2022‐23.
Britannia dividend 2023, Britannia dividend 2023 record date: FMCG major Britannia's board has declared an Interim Dividend of 7200%, that is — Rs 72 per Equity Share of face value of Re 1 each for the Financial Year 2022‐23.
Britannia dividend record date 2023
The Tiger glucose biscuit maker has fixed April 13 as the record date for any such dividend. In other words, the payout will have April 13 as the record date.
What is a record date?
A record date is a date that determines the shareholders eligible to benefit from corporate action such as a dividend payout.
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Britannia dividend history
This is the first dividend declared since June 2022, when the company announced a dividend of Rs 56 per share.
Here's a look at some of the recent corporate action undertaken by the company:
Source: NSE
Britannia dividend payment date
The company in its filing said,"The Interim Dividend is subject to deduction/withholding of applicable taxes and will be paid within the stipulated timelines as prescribed under law."
Britannia stock price: Historical performance
Britannia shares have grown 13 per cent in six months, a period in which the Nifty50 headline index has risen by a per cent.
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10:41 AM IST