JB Chemicals Rs 9.25/share dividend: When will pharma stock trade ex-dividend? Here's all you need to know

JB Chemicals & Pharmaceuticals (JBCHEPHARM) shares will trade ex-dividend on August 17. Last month, the Mumbai-based pharma company's board announced a final dividend of Rs 9.25 per share for the year ended March 2023. 

JB Chemicals shares — traded on the bourses with the symbol JBCHEPHARM — have rewarded investors with a return of 42 per cent in the past one year. 

Here's all you need to know about the latest JB Chemicals dividend:   

JB Chemicals dividend amount

The drug maker's latest final dividend is to the tune of 462.5 per cent given the face value of Rs 2 per share.  

JB Chemicals dividend record date

The company has announced August 17 as the record date for the payout.

What is a record date and what does it signify?

A record date is the date that determines the shareholders eligible to receive the benefit of corporate action such as a dividend. 

JB Chemicals dividend history

JB Chemicals and Pharmaceuticals has consistently rewarded its investors with dividends in the past. Here's a list of payouts by the drug maker in the recent years:

JB Chemicals shares: Past performance

As of June 12, JB Chemicals shares have grown 42 per cent in value over the past one year, a period in which the Nifty headline index has risen 17.9 per cent. 

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