Dividend stock: 225-year-old company to consider second interim dividend today

Notifying the Indian markets about the interim dividend, EID Parry said, “Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is given that the meeting of the Board of Directors of the Company (the “Board”) will be held on Monday, the 10th day of April, 2023 to consider and approve the Second Interim Dividend, if any, on Equity Shares for the financial year 2022-23.”

EID Parry Dividend History

As per the information available on the official website of BSE – bseindia.com, the Murugappa group company declared interim dividend 5.50 per share in the third quarter of the recently ended financial year. Shares of EID Parry traded ex-dividend on November 22, 2022 for payment of first interim dividend in the financial year 2021-23. Before November 2022, EID Parry traded ex-dividend on March 10, 2022 and March 17, 2021, for which interim dividends were paid. 5.50 per share to its shareholders. The dividend-paying stock didn’t declare any dividends in 2020, apparently because of the hit to business following the 2019 outbreak. covid-19 pandemic After this nationwide lockdown.

EID Parry Q3FY23 Results

In Q3FY23 results, the leading sugar producer registered 22 per cent consolidated PAT (Profit after Tax) against 482 crores 395 crores a year ago. However, the standalone PAT of the dividend-paying stock fell by 13.70 per cent. 15.70 crore in the quarter ending December 2022. Murugappa group company reported revenue from operations during Q3FY23 727 crore, grew by about 6 percent YoY 686 crore in operating revenue in the same period a year ago.