The share price of Britannia Industries was up over 3 percent intraday on April 24 after it announced an interim dividend of Rs 35 per share for the financial year 2019-20.
The board at a meeting on April 23 declared an interim dividend at 3500 percent or Rs 35 per equity share of face value of Re 1 each, the company told exchanges.
The record date for determining the entitlement of the shareholders for the dividend has been fixed as May 2. The interim dividend will be paid or dispatched to the shareholders before May 23, 2020, it added.
Shares of Britannia Industries are trading at Rs 3,048.50, up Rs 100.2, or 3.40% at the Bombay Stock Exchange (BSE) on Friday at 4:01 p.m.
The scrip has touched an intra-day high of Rs 3,122.80 and low of Rs 2,957.35. The total volume of shares traded at the BSE is 85,951.
Currently, the stock is trading down 11.48% from its 52-week high of Rs 3,443.90 and above 45.13% over the 52-week low of Rs 2,100.55.
