POWERGRID Infrastructure Investment Trust declares distribution of Rs. 3

The Board of Directors of POWERGRID Unchahar Transmission Limited - the Investment Manager to POWERGRID Infrastructure Investment Trust ('PGInvIT'), in its meeting held on Friday, January 28, 2022 has, considered and approved Declaration of distribution of Rs. 3.00 per unit for the quarter ended December 31, 2021, comprising Rs. 1.99 per unit as interest, Rs 0.72 per unit as taxable dividend, Rs. 0.28 per unit as exempt dividend and Rs. 0.01 per unit as treasury income.

The Record date for the distribution to the unitholders will be Thursday, February 3, 2022 and the payment of distribution will be made on or before Saturday, February 12, 2022.

Shares of POWERGRID Infrastructure Investment Trust was last trading in BSE at Rs. 129.97 as compared to the previous close of Rs. 130.04. The total number of shares traded during the day was 28456 in over 217 trades.

The stock hit an intraday high of Rs. 131.00 and intraday low of 129.80. The net turnover during the day was Rs. 3700289.00.

Source : Equity Bulls

Keywords

PGInvIT PowergridInfrastructureInvestmentTrust Distribution