Britannia Industries shares jump 3.5% to Rs 3,051 after company declares interim dividend

The board of Britannia in a meeting declared 'interim dividend at 3,500 percent - Rs 35 per equity share of face value of Re 1 each - for the financial year 2019-20.

Press Trust of India April 24, 2020 17:43:52 IST
Britannia Industries shares jump 3.5% to Rs 3,051 after company declares interim dividend

New Delhi: Stocks of Britannia Industries on Friday jumped 3.5 percent after the company declared an interim dividend of Rs 35 per equity share of face value of Re 1 each.

Britannia Industries shares jump 35 to Rs 3051 after company declares interim dividend

Representational image. Reuters.

The scrip rose 3.40 percent to close at Rs 3,048.50 on the BSE. During the day, it jumped 5.91 percent to Rs 3,122.80.

The stock climbed 3.51 percent to close at Rs 3,051 on the NSE.

The board of the company in a meeting declared "interim dividend at 3,500 percent - Rs 35 per equity share of face value of Re 1 each - for the financial year 2019-20," Britannia Industries said in a regulatory filing on Thursday.

The maker of Good Day and Tiger biscuits said that the record date for the purpose of determining the entitlement of the shareholders for the interim dividend is 2 May 2020.

The interim dividend will be paid to the shareholders before 23 May 2020.

Updated Date:

also read

Share market bounces back after 3 days of fall; Sensex ends up 274 points, Nifty closes at 18,244
Business

Share market bounces back after 3 days of fall; Sensex ends up 274 points, Nifty closes at 18,244

Equity benchmarks ended with gains on Tuesday after falling for the past three days amid buying in index majors Infosys and Reliance Industries

Tiger Woods aims to play majors in 2023 despite ailing leg
Sports

Tiger Woods aims to play majors in 2023 despite ailing leg

Woods appeared in just three professional tournaments in 2022 — making his return elite competition with a 47th-place finish at the Masters in April.

Tigress by the Tale: Close encounters in safaris are common, so why the uproar over Raveena Tandon's Satpura moment?
Explainers

Tigress by the Tale: Close encounters in safaris are common, so why the uproar over Raveena Tandon's Satpura moment?

A probe has been ordered in Madhya Pradesh’s Satpura Tiger Reserve after a video showed a tigress coming close to a vehicle with Bollywood actor Raveena Tandon in it. What really happened?