Mold-Tek Packaging on Wednesday declared a dividend of Rs 4 per equity share of face value of Rs 5 each — an 80 per cent payout.

Mold-Tek Packaging dividend: When is the record date?

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The board of Mold-Tek Packaging — a Hyderabad-based maker of plastic packaging containers — has set April 21 as the record date for the dividend. 

Mold-Tek Packaging dividend: When will the dividend be paid to eligible shareholders?

The dividend will be paid to such shareholders on or before May 11, according to a regulatory filing.

What is a record date and what does it signify?

A record date is a date that determines the shareholders eligible to benefit from corporate action such as a dividend payout. Simply put, those holding the stock at the end of the trading hours on the record date will receive the dividend. 

(This story will be updated shortly)

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com