Britannia Industries Gains Over 2% On Dividend Announcement

Britannia Industries declared an interim dividend of 6,200 per cent i.e. Rs 62 per equity share and the record date has been fixed as April 10

Britannia Industries shares gained more than 2 per cent in a weak market after the company declared an interim dividend for the financial year 2020-21. At 12:50 pm, the shares of the biscuit company were trading at Rs 3,699.20, higher by 2.23 per cent, on the BSE. Britannia Industries declared an interim dividend of 6,200 per cent i.e. Rs 62 per equity share The record date for determining the eligibility of shareholders for receiving the interim dividend has been fixed as April 10. The interim dividend is subject to deduction/withholding of applicable taxes and will be paid on or before April 30, 2021.