Clariant Chemicals up 18%, hits 52-wk high on special dividend of Rs 140/sh

Shares of Clariant Chemicals (India) zoomed 18 per cent to Rs 575 on the BSE on Monday after the company announced a special interim dividend on equity shares of Rs 140 per share (1400 per cent) for the current financial year 2020-21 (FY21).

The company has fixed July 18, 2020 as the record date for the purpose of payment of special interim dividend. The dividend shall be paid on or after July 19, 2020, it said.

The stock of the specialty chemical was trading at its fresh 52-week high level. In the past three months, it has rallied 106 per cent as