Ranbaxy Laboratories Board declares second interim dividend

Ranbaxy Laboratories Ltd has announced that the Board of Directors of the Company at its meeting held on March 29, 2007, has approved payment of the 2nd Interim Dividend of 120% i.e. Rs 6 per share of par value of Rs 5 each for the year ended December 31, 2006. Earlier in November 2006 an interim dividend of 50% i.e. Rs 2.50 per share was paid. This takes the total dividend for the year to 170% or Rs 8.50 per share. In view of this, no final dividend has been recommended by the Board.

Source : Equity Bulls

Keywords