Asian Paints Ltd recommends final dividend of Rs. 28.15

The board of directors of Asian Paints Ltd has recommended payment of final dividend of Rs. 28.15 (Rupees twenty-eight and paise fifteen only) per equity share of the face value of Re. 1 (Rupee one) each for the financial year ended 31st March 2024, subject to the approval of the shareholders at the ensuing 78th Annual General Meeting of the Company.

The total dividend for the financial year ended 31 st March 2024, aggregates to Rs. 33.30 (Rupees thirty-three and paise thirty only) per equity share of the face value of Re. 1 (Rupee one) each (dividend payout ratio of 60%), including the interim dividend of Rs. 5.15 (Rupees five and paise fifteen only) per equity share as approved by the Board of Directors at their meeting held on 26th October 2023, which was paid thereafter.

The Company has fixed Tuesday, 11 th June 2024 as the Record Date for determining the entitlement of members to the final dividend for the financial year ended 31 st March 2024. The dividend, if approved by the shareholders will be paid on or after Thursday, 27th June 2024.

Shares of Asian Paints Limited was last trading in BSE at Rs. 2844.25 as compared to the previous close of Rs. 2911.55. The total number of shares traded during the day was 98816 in over 26029 trades.

The stock hit an intraday high of Rs. 2906.40 and intraday low of 2821.30. The net turnover during the day was Rs. 280953341.00.

Source : Equity Bulls

Keywords

AsianPaints INE021A01026 FinalDividend FY2024