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For the year ending March 2012, Sterling Tools has declared an equity dividend of 50.00% amounting to Rs 5 per share. At the current share price of Rs 90.20 this results in a dividend yield of 5.54%.
The company has a good dividend track report and has consistently declared dividends for the last 5 years.
* As per the Profit & Loss account
|Announcement Date||Effective Date||Dividend Type||Dividend (%)||Remarks|
|04-02-13||21-02-13||Interim||50.00||Rs.5.0000 per share(50%)Interim Dividend|
|07-01-11||24-01-11||Interim||0.00||The BoD's has not declared any interim dividend for the financial year 2010-2011. Accounting, the Record Date on January 25, 2011 is now withdrawn and will now no longer be treated as a record date for the purpose of payment of Interim Dividend.|