Chembond Chemicals Ltd
๐ Dividend Announcement for FY 2025
โก๏ธ Quick Scoop
โข Board recommends final dividend of โน1.25 per share for FY 2025.
โข Dividend includes special โน0.50 per share to mark 50th anniversary.
โข Dividend payout is 25% of face value (โน5/share).
โข Approval needed at AGM on August 14, 2025.
๐ง ๐กDeepDive
๐ Dividend Details
- The companyโs Board of Directors intends to pay a final dividend of โน1.25 on each equity share having a face value of โน5 for the financial year ended March 31, 2025.
- This dividend rate translates to 25% of the face value per share.
๐ Special Dividend
- Out of the โน1.25, โน0.50 per share is a special dividend celebrating the 50th anniversary of the Chembond Group.
- Special dividends are one-time payments to commemorate special occasions.
๐
Next Steps
- The dividend proposal will be put for approval at the Annual General Meeting (AGM) scheduled for August 14, 2025.
- If shareholders approve, the dividend will be paid/distributed within 30 days from the AGM to those recorded as shareholders on the record date (August 7, 2025).
๐งโ๐ผ What This Means for Investors
- Investors holding shares as of August 7, 2025, may receive this dividend if the AGM approves the payout.
- Dividends provide a return on investment through cash payments, giving investors direct monetary benefit apart from potential price appreciation.
๐ Summary
- This announcement provides important information on expected returns from the company for FY 2025 and marks a celebratory milestone.
- Such dividend announcements can shape investor perception of company profitability and shareholder-friendliness, though actual impact depends on AGM approval and future company performance.