Hindustan Sanitaryware Board recommends 50% final dividend

Hindustan Sanitaryware & Industries Ltd has announced that the Board of Directors of the Company at its meeting held on May 19, 2007, inter alia, has recommended payment of final Dividend @ 50% i.e. Rs 1.00 per Equity share of Rs 2/- each, for the year ended March 31, 2007, subject to approval of the Shareholders' at the ensuing Annual General Meeting. The final dividend is, in addition, to the interim dividend of 25% i.e. Rs 0.50 per equity share of Rs 2 each, already declared and paid pursuant to the Board resolution dated July 24, 2006.

Source : Equity Bulls

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