Marico Ltd board declares 2nd interim dividend of Rs. 4.50

The Board of Directors of Marico Ltd at its meeting held today i.e. on March 3, 2021, has approved the declaration of Second Interim Equity Dividend for the Financial Year 2020-21 ('Second Interim Dividend') of Rs. 4.50 per equity share of Re. 1 each, being 450% on the paid-up equity share capital of Rs. 129.13 Crores.

The record date for reckoning the shareholders who shall be entitled to receive the said dividend shall be Friday, March 12, 2021 and dividend will be paid to such shareholders on or after Tuesday, March 30, 2021.

Shares of MARICO LTD. was last trading in BSE at Rs.408.6 as compared to the previous close of Rs. 406.5. The total number of shares traded during the day was 115888 in over 2315 trades.

The stock hit an intraday high of Rs. 410.2 and intraday low of 405.45. The net turnover during the day was Rs. 47312657.

Source : Equity Bulls

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