Ramco Cements dividend: Cement manufacturer announces 200% dividend

Ramco Cements dividend 2023: Ramco Cements— Cement manufacturer —on Thursday announced a dividend of Rs 2 per share of Re 1 each for the year ended 31st March 2023.

"The Board of Directors have recommended a dividend of Rs.2/- per share of Rs.1/- each for the year ended 31st March 2023. The dividend on declaration at the ensuing Annual General Meeting, will be paid within 30 days thereof," the company's filing said. 

Ramco Cements dividend history

Source: NSE

Ramco Cements share price NSE, Ramco Cements share price history

Shares of Ramco Cements on Thursday ended at Rs 797, up 1.01 per cent or Rs 8 on NSE. Ramco Cements's stock has given a positive return of nearly 16 per cent in the last year (May 18, 2022). In comparison, the headline index Nifty 50 has rallied nearly 15 per cent.

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