The board of directors of Muthoot Finance on Thursday approved payment of an interim dividend of ₹22 a share. Shareholders whose names appear as on close of business hours of April 18 would be entitled to receive the interim dividend, the company said. The payment will be made within 30 days from the date of declaration, it said.
Shares of Muthoot Finance jumped 3.1 per cent at ₹1,020.20 on the BSE.
During the last couple of financial years, the company had paid ₹20 a share as dividend.
This is a Premium article available exclusively to our subscribers.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...
You have reached your free article limit. Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...
You have reached your free article limit. Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...
TheHindu Businessline operates by its editorial values to provide you quality journalism.