UFO Moviez India Ltd stock falls on becoming ex-dividend

The shares of UFO Moviez India Ltd fell in today's trading after the stock became ex-dividend. The shares were trading at Rs. 249.25 in BSE, down by Rs. 14.90 or 5.64%. The stock hit an intraday high of Rs. 255.60 and low of Rs. 242.85.

The Board of Directors at its meeting on May 21, 2019 had declared an interim dividend of 275% (Rs.27 .50 per equity share on the face value of Rs.10 each) which includes a one-time special dividend of 150% (Rs.15.00 per equity share on the face value of Rs. 10 each).

The record date for payment of the said interim dividend which includes said one-time special dividend was fixed as 7th June, 2019 and the same will be paid to the registered shareholders before 19th June, 2019.

Source : Equity Bulls

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