 "Clariant Chemicals hits record high on interim dividend of Rs 140 per share")
Clariant Chemicals (India) has surged 6% to Rs 1,149, also its record high on the BSE, after the company announced an interim dividend of Rs 140 per share.
“The board of directors of the company at its meeting held on January 12, 2015, considered and declared interim dividend of Rs 140 per share of face value of Rs 10 each to the shareholders of the company for financial year 2015, out of the profits and surplus carried forward from the financial year 2014,” Clariant Chemicals said in a statement.
The board has approved January 20, 2015 as Record Date for the purpose of payment of interim dividend and such dividend will be paid on or after January 21, 2015, it added.
The stock opened at Rs 1,075 and hit a low of Rs 1,030 on BSE in early morning trade. The trading volumes on the counter more than doubled with a combined 278,622 shares changed hands on BSE and NSE.
Meanwhile, in past one week, the stock has rallied 21.5% from Rs 946 on January 6, as compared to 2.1% rise in the benchmark S&P BSE Sensex.
“The board of directors of the company at its meeting held on January 12, 2015, considered and declared interim dividend of Rs 140 per share of face value of Rs 10 each to the shareholders of the company for financial year 2015, out of the profits and surplus carried forward from the financial year 2014,” Clariant Chemicals said in a statement.
The board has approved January 20, 2015 as Record Date for the purpose of payment of interim dividend and such dividend will be paid on or after January 21, 2015, it added.
The stock opened at Rs 1,075 and hit a low of Rs 1,030 on BSE in early morning trade. The trading volumes on the counter more than doubled with a combined 278,622 shares changed hands on BSE and NSE.
Meanwhile, in past one week, the stock has rallied 21.5% from Rs 946 on January 6, as compared to 2.1% rise in the benchmark S&P BSE Sensex.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%