Orient Cement Ltd Board recommends Final Dividend of Rs. 1.75

The Board of Directors of Orient Cement Ltd at its meeting held on May 11, 2022, has recommended a final dividend of Rs. 1.75 (175%) per equity share of Rs. 1/- each for the year ended March 31, 2022, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM} of the Company which shall be paid/dispatched to the shareholders within 30 days of declaration. Further, the Company had declared an interim dividend of Rs. 0.75 (75%) per equity share during the previous quarter of the financial year 2021-22, totaling the dividend amount to Rs. 2.50 (250%) per equity share of Rs. 1/- each for the financial year 2021-22.

Shares of Orient Cement Limited was last trading in BSE at Rs. 114.50 as compared to the previous close of Rs. 122.15. The total number of shares traded during the day was 118458 in over 3826 trades.

The stock hit an intraday high of Rs. 122.25 and intraday low of 113.00. The net turnover during the day was Rs. 13754406.00.

Source : Equity Bulls

Keywords

OrientCement INE876N01018 FinalDividend FY2022