Shriram City Union Finance's stock marginally up on declaring interim dividend of Rs27 per share

8 Mar 2022 , 02:14 PM

Shriram City Union Finance Limited, in its filing with the exchanges, informed the investors that the Board of Directors at their meeting held today among other items have inter alia declared 2nd interim dividend of Rs27 (i.e. 270%) per equity share of Rs10 each for the financial year 2021-2022 to those members whose name appears in the Register of Members of the Company as on March 17, 2022.

The company fixed March 17, 2022, as the record date for this purpose, and stated that the 2nd interim dividend shall be paid/dispatched on or before March 25, 2022.

Earlier, the company also announced an interim dividend of Rs10 (100%) per equity share of Rs10 each for the current financial year.

Following this development, Shriram City Union was trading at Rs1447.20, up by Rs5.65 or 0.40% against its previous closing price of Rs1,441.55.