Dividend Stock: The board of directors of SBI Cards is going to consider the proposal of interim dividend in its meeting today. SBI Cards board is expected to announce the record date for interim dividend payment in its meeting to be held today. SBI Cards had informed Indian exchanges about the interim dividend proposal in one of its first exchange communications.
Intimating the Indian Exchanges about the meeting of the Board of Directors, State Bank Of India Cards said, “We hereby inform that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, March 21, 2023 to consider, inter alia, the declaration and payment of interim dividend, if any, on Equity To consider. Shares of the Company for the financial year 2022-23. The interim dividend, if declared, shall be paid to the equity shareholders of the Company whose names appear in the register of members of the company or as beneficiaries in the records of the depositories. appear as. On Wednesday, March 29, 2023 the owner of the shares which are “enter date“As prescribed by the company for this purpose in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.”
Further, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 read with the Company’s code of conduct for regulating, monitoring and reporting trading by designated persons, the trading window of the Company is extended from March 16, 2023 to 16 Will remain closed till March, 2023. March 23, 2023 (both days inclusive).
SBI Card is going to trade ex-dividend on March 29, 2023 for payment of interim dividend for the financial year 2022-23 which will be announced by the board today. This means that SBI Cards has declared the record date for the first interim dividend and today the board will declare how much interim dividend will be given to its eligible shareholders.
The last time SBI Cards traded ex-dividend was on March 30, 2022. SBI Cards traded Ex-Dividend on March 30, 2022 2.50 per share interim dividend for the financial year 2021-22. Earlier, SBI Cards traded ex-dividend for payment 1 per share to the eligible shareholders of the Company as on 15th May 2020.
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