Asian Paints Ltd Board approves interim dividend of Rs. 3.35 for FY20-21

The Board of Directors of Asian Paints Ltd at their meeting held today have, approved the payment of interim dividend of Rs. 3.35 (Rupees three and paise thirty five only) per equity share of the face value of Re. 1 (Rupee One) each for the financial year ending 31st March, 2021.

The interim dividend will be paid to the members whose names appear in the Register of Members as on the 'Record date' i.e. Friday, 30th October, 2020 on or after Thursday, 12th November, 2020.

The Company distributed first interim dividend of ₹ 3.35 per share (335%) in October 2019 for FY 2019-20. Total dividend of ₹ 12.00 per share (1200%) was distributed for FY 2019-20. The dividend payout ratio was 51.1% for FY 2019-20.

Shares of ASIAN PAINTS LTD. was last trading in BSE at Rs.2114.35 as compared to the previous close of Rs. 2119.3. The total number of shares traded during the day was 76913 in over 6463 trades.

The stock hit an intraday high of Rs. 2142.65 and intraday low of 2081.1. The net turnover during the day was Rs. 162869269.

Source : Equity Bulls

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