Muthoot Finance to pay interim dividend of Rs20 per share for FY22; stock slips ~1%

18 Apr 2022 , 03:16 PM

The Board of Directors of Muthoot Finance Limited at their meeting held today has considered and approved the payment of an interim dividend of Rs20 per equity share of Rs10 each (200%).

The company further stated that the shareholders whose names appear as beneficial owners as per the list to be furnished by the Depositories in respect of the shares held in electronic form, and as Members in the Register of Members of the Company in respect of shares held in physical form as of April 26, 2022, would be entitled to receive the interim dividend.

The company will pay the said interim dividend to the shareholders within 30 days from the date of declaration.

Muthoot Finance is currently trading at Rs1,322.40 down by Rs13.65 or 1.02% from its previous closing of Rs1,336.05 on the BSE. Its scrip has touched today’s high and low of Rs1,334.80 and Rs1,296 respectively.