IGL declares 500% dividend - check out record date
IGL Dividend 2023 Record Date: Indraprastha Gas Ltd (IGL) Board announced its second interim dividend of a whopping 500 per cent for its shareholders in the current financial year.
IGL Dividend 2023: Indraprastha Gas Ltd (IGL) Board announced its second interim dividend of a whopping 500 per cent for its shareholders in the current financial year. The company declared a dividend of Rs 10 apiece for a face value of Rs 2 apiece.
"Board of Directors of the Company in its meeting held today has declared 2nd interim dividend @ 500% i.e, Rs.10/- per share (Face value of Rs. 2/- each) on the equity shares of the Company for the Financial year 2022-23," the filing said.
IGL dividend 2023: Record date
Earlier, the company's board has fixed March 31 as the record date for the second interim dividend.
What is a record date?
A record date determines the shareholders eligible to benefit from corporate action such as a dividend payout.
IGL dividend history
IGL has announced five dividends over the last few years.
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