Cipla dividend: Board announces Rs 8.5 dividend

Cipla dividend 2023: Cipla's board on Friday announced a final dividend of Rs 8.50 per equity share of face value of Rs 2 each i.e., a 425 per cent payout for the financial year 2022-23.

"The Board of Directors also recommended the payment of a final dividend of Rs. 8.50/- per equity share (face value of Rs. 2/- per equity share) for the financial year ended 31st March 2023," the company's filing said. 

Cipla dividend 2023 payment date 

"The dividend, upon approval by the shareholders, will be paid to shareholders within 30 days from the date of the Annual General Meeting," the company's filing said. 

Cipla Q4 results 2023 

Cipla on May 12, 2023, reported a 45 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 525.65 crore for the quarter ended March 31, 2023. Click here to read more

Cipla dividend history 

Source: NSE 

Cipla share price NSE, Cipla share price history 

Cipla shares on Friday ended at Rs 931.5, down by Rs 12.1 or 1.28 per cent. At the bourses, ​Cipla's stock has given a negative return of nearly 0.33 per cent in the last year (May 12, 2022). In comparison, the headline index Nifty 50 has rallied 16 per cent.

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