Stock Report

JK Cement Board recommends 35% dividend



Posted On : 2007-05-15 00:27:30( TIMEZONE : IST )

JK Cement Board recommends 35% dividend

JK Cement Ltd has announced that the Board of Directors of the Company at its meeting held on May 12, 2007, inter alia, has recommended a dividend of Rs 3.50 per equity share for the financial year ended on March 31, 2007 subject to approval of shareholders in Annual General Meeting.

The Register of Members & Share Transfer Books of the Company will remain closed from August 17, 2007 to August 25, 2007 (both days inclusive) for the purpose of payment of dividend and Annual General Meeting of the Company to be held on August 25, 2007.

The stock was trading at Rs.163.50, up by Rs.1.20 or 0.74%. The stock hit an intraday high of Rs.166 and low of Rs.162.55. The total traded quantity was 9571 compared to 2 week average of 10723.

Source : Equity Bulls

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