Godrej Consumer Board declares fourth interim dividend of 125%

Godrej Consumer Products Ltd has announced that the Board of Directors of the Company at its meeting held on April 25, 2007, inter alia, has:

1. Declared a fourth interim dividend @ Rs 1.25 per shares (125% on the shares of the face value of Re 1/- each) for the financial year 2006-07.

2. Recommended that the four interim dividends pertaining to the financial year 2006-07 declared by the Board of Directors in their meeting held on July 20, 2006, October 30, 2006, January 20, 2007 and April 25, 2007 and aggregating to Rs 3.75 per shares (375% on the shares of the face value of Re 1/- each) be declared as final dividend for the year ended March 31, 2007.

The stock was trading at Rs.169.05, up by Rs.3.45 or 2.08%. The stock hit an intraday high of Rs.169.90 and low of Rs.163. The total traded quantity was 21290 compared to 2 week average of 11694.

Source : Equity Bulls

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