CARE hits record high on special dividend of Rs 65 per share

The aforesaid special dividend will be paid to the shareholders on or before October 14, 2014

<a href="http://www.shutterstock.com/pic-155693969/stock-photo-dividends-concept.html" target="_blank">Image</a> via Shutterstock
SI Reporter Mumbai
Last Updated : Sep 16 2014 | 10:53 AM IST
Shares of Credit Analysis and Research (CARE) is trading higher by 3.5% at Rs 1,360 on the BSE after the company said its board has declared a special dividend of Rs 65 per equity share of Rs 10 each for the financial year 2014-15.

The company has fixed a book closure from September 26, 2014 to September 29, 2014 (both days inclusive) has fixed for the purpose of payment of special dividend, CARE, a credit rating agency said in a statement.

The aforesaid special dividend will be paid to the shareholders on or before October 14, 2014, it added.

The stock opened at Rs 1,353 and touched a record high of Rs 1,377 on the BSE. A combined 39,421 shares changed hands on the counter so far on NSE and BSE.
 

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First Published: Sep 16 2014 | 10:49 AM IST

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