Dividend News: Tiger glucose biscuit maker Britannia to consider dividend today; check out the record date
Britannia share price NSE, Britannia dividend 2023 record date: FMCG major Britannia's board is scheduled to meet today, April 4 to consider a dividend payout.
Britannia share price NSE, Britannia dividend 2023 record date: FMCG major Britannia's board is scheduled to meet today, April 4 to consider a dividend payout.
Britannia dividend record date 2023: Has the Tiger biscuit maker zeroed down on a record date?
Yes. the Tiger glucose biscuit maker has already fixed April 13 as the record date for any such dividend. In other words, if the board approves a dividend on Tuesday, 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.
Also read- Stock market holiday: NSE, BSE will be shut for five additional days in next five weeks
Britannia dividend history
Any dividend declared on April 4 will be the first 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 stock price: Historical performance
Britannia shares have grown 14 per cent in six months, a period in which the Nifty50 headline index has risen three per cent.
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