Kajaria Ceramics dividend: Tile maker announces 600% payout; check out record date, payment date

Kajaria Ceramics dividend: Kajaria Ceramics on Friday, October 20, announced a dividend of Rs 6 per share. That meant a 600 per cent dividend given the face value of Re 1 per share.  The interim dividend was for the financial year 2023-24, Kajaria Ceramics said in a regulatory filing. Kajaria Ceramics shares ended 1.89 per cent lower at Rs 1,236 on NSE. 

Kajaria Ceramics dividend record date 2023 

Kajaria Ceramics, a manufacturer of ceramic and vitrified tiles, set November 2 as the record date for its latest dividend.

Kajaria Ceramics dividend payout date 2023

The dividend will be paid on or before November 18, the company added. 

What is a record date?

A record date is a date that determines the shareholders eligible to benefit from corporate action such as a dividend. In other words, investors owning at least one share of the company on that day qualify to receive such a dividend.     

Kajaria Ceramics dividend history 

Prior to the latest dividend, Kajaria Ceramics had declared 26 dividends since August 31, 2000, according to stock research portal Trendlyne.

Here's a summary of the dividend announcements by the tiles maker in the recent years: 

What does Kajaria Ceramics do?

Kajaria Ceramics is a manufacturer of ceramic/vitrified tiles in the country. The company has an annual aggregate capacity of 86.07 million square meters, distributed across seven plants: Sikandrabad in Uttar Pradesh, Gailpur and Malootana in Rajasthan, Srikalahasti in Andhra Pradesh, Balanagar in Telangana, and two plants in Gujarat, according to its website. 

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