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Stock Report
Satyam to pay 250% dividend, announces 1:1 bonus
Posted On : 2006-04-21 06:04:03( TIMEZONE : IST )
Satyam Computer Services Ltd has informed that a final dividend of 250% (Rs.5 per share on par value of Rs.2 per share) has been recommended at the Board meeting held on April 21, 2006, subject to the approval of the shareholders. The total dividend recommended for the year is 350% (Rs.7 per shares on par value of Rs.2 per share), including interim dividend of 100% (Rs.2 per share on par value of Rs.2 per share).
Satyam Computer Services Ltd has informed that the Board of Directors of the Company at their meeting held on April 21, 2006 has recommended issue of bonus shares in the proportion of 1:1 (one equity shares for every one equity share held) for all existing shares including American Depository Shares.
