Dividend News 2023: Mold-Tek Packaging declares 80% dividend; check out record date, payment date
Dividend News 2023: Mold-Tek Packaging has declared a dividend of Rs 4 per equity share - an 80 per cent payout. Read on to know the record date of the Hyderabad-based plastic packaging container makers latest dividend.
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?
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)
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