Clariant Chemicals India Board recommends Final Dividend of Rs.20

Clariant Chemicals (India) Ltd has announced that the Board of Directors of the Company at its meeting held on February 24, 2011, inter alia, has recommended the payment of final dividend of Rs. 20/- per share. The final dividend together with interim dividend of Rs. 10/- per share paid in August 2010 makes a total dividend of Rs. 30/- per share for the year (Previous year Interim dividend Rs. 10/- per share, final dividend Rs. 15/- per share).

The Register of Members & Share Transfer Books of the Company will remain closed from April 15, 2011 to April 26, 2011 (both days inclusive) for the purpose of Payment of Final Dividend & 54th Annual General Meeting (AGM) of the Company to be held on April 26, 2011.

The stock closed the day at Rs.627.60, down by Rs.77.40 or 10.98%. The stock hit an intraday high of Rs.708.50 and low of Rs.622.85.

The total traded quantity was 20746 compared to 2 week average of 5094.

Source : Equity Bulls

Keywords