Britannia share price NSE, Britannia dividend 2023 record date: FMCG major Britannia’s shares traded flat on D Street on April 3 ahead of the Tiger glucose biscuit maker’s scheduled board meeting on Tuesday, April 4 to consider a dividend payout.
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At 1:22 pm, Britannia shares were down by Rs 22.1 or 0.5 per cent at Rs 4,300 on NSE.
Britannia dividend: Has the Tiger biscuit maker zeroed down on a record date?
Yes. Britannia has already fixed April 13 as the record date for any such dividend. In other words, if the board approves a dividend on Tuesday, the payout will have April 13 as the record date.
What is a record date?
A record date is a date that determines the shareholders eligible to benefit from corporate action such as a dividend payout.
Britannia dividend history
Any dividend declared on April 4 will be the first since June 2022, when the company announced a dividend of Rs 56 per share.
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Here’s a look at some of the recent corporate action undertaken by the company:
Britannia stock price: Historical performance
Britannia shares have grown 14 per cent in six months, a period in which the Nifty50 headline index has risen three per cent.
