Dividend Paying Stocks: Baba Ramdev backed Patanjali Foods Limited is going to do ex-dividend business today. The Board of Directors of the company has declared the final dividend of 5 per equity share for the financial year 2021-22. The company board has also fixed 26 September 2022 as the recorded date for payment of dividend. 24th and 25th September will be a stock market holiday due to the weekend, this FMCG stock will trade ex-dividend on 23rd September 2022. Hence, this FMCG stock would be one. Of the stocks paying dividends next week.
While informing the Indian stock exchange exchanges about the approval Dividend PayoutPatanjali Foods Limited said, “In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held today i.e. 27th May, 2022, has The dividend is recommended inter alia 5.00 per equity share on 36,19,94,853 equity shares of Rs. 2.00 each for the financial year ended 31st March, 2022.”
Informing the Indian stock exchanges about the book closure of dividend payment, Patanjali Foods Limited said, “As per Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the Company shall be effective from Tuesday. 27th September, 2022 to Thursday, 29th September, 2022 (both days inclusive) for the purpose of payment of dividend for the financial year (FY) 2021-22, if declared at the AGM. Accordingly, to determine eligibility The date for the purpose of receiving dividend to the members of the Company is Monday, 26th September, 2022.”
Recently, the stock of Patanjali Foods came into limelight after the breakdown. 50,000 crore market cap as on 9 September 2022. in violation 50,000 cr market cap, this FMCG stock climbs to its 52-week high 1,415 level on BSE. However, the stock has retreated from its 52-week high after profit-booking started in the stock. Baba Ramdev backed this stock closed on Friday in the last week 1,338.45 each on BSE.
Patanjali Foods Annual Dividend
Patanjali Foods share price ended at Rs. 1,338.45 per share in the weekend session and the final dividend declared is 5 per equity share for FY22. Its current annual dividend yield for FY22 is 0.37 per cent.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.