Patanjali Foods, a leading FMCG company, is set to announce dividends for its shareholders, as revealed in an official exchange filing. The company has already scheduled the ex-date and record date for the upcoming dividend distribution.
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Patanjali Foods Dividend Record Date
In compliance with regulatory disclosures, Patanjali Foods disclosed that its board is set to convene on March 13, later this month. The primary agenda of the meeting is to deliberate, consider, and approve a proposal for dividend payment to the company’s shareholders.
As per the company’s filing on NSE, “We may inform that the Board of Directors of the Company will inter alia, consider declaration of Interim Dividend to the shareholders of the Company for the Financial Year 2023-24 at the above meeting scheduled to be held on Wednesday, 13th March, 2024. Further, in accordance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Record date for determining the entitlement of the shareholders for the payment of aforesaid Interim Dividend shall be Thursday, 21 st March, 2024, subject to the approval of Interim Dividend by the Board of Directors.”
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Patanjali Foods Dividend History
In the fiscal year 2023, Patanjali Foods gave a dividend of Rs 6 per share to its investors. In the preceding year, 2022, the company rewarded shareholder with a dividend of Rs 5 per share.
Patanjali Foods Share PriceOn Thursday, the shares of Patanjali Foods closed at Rs 1,526.95. The 52 week high and low of the share is Rs 1,713.80 and Rs 853.50 respectively.
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Patanjali Foods Share Past Returns
According to the BSE analytics, the shares have given returns of 51.37 per cent in the last 1 year and 90.98 per cent in the last 2 years.
In February 2024, the company has also approved the grant of 37,53,039 Stock Options (ESOP) under the PFL Employee Stock Option Plan 2023 (“ESOP 2023”) to eligible employees of the Company.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. TN NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
