Premier Board recommends 20% dividend

Premier Ltd has announced that the Board of Directors of the Company at its meeting held on April 24, 2007, inter alia, has recommended an equity dividend of 20% i.e. Rs 2/- per share (on face value of Rs 10/- each) for the year ended March 31, 2007 as against equity dividend of 15% i.e. Rs l.50 per share paid for the previous year.

The stock closed the day at Rs.47, down by Rs.1.05 or 2.19%. The stock hit an intraday high of Rs.48.40 and low of Rs.46.45. The total traded quantity was 10624 compared to 2 week average of 13284.

Source : Equity Bulls

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