Gillanders Arbuthnot declares dividend at Rs 4.50 per share

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Gillanders Arbuthnot declares dividend at Rs 4.50 per share

Gillanders Arbuthnot at its meeting held on May 30, 2011 has declared dividend at Rs 4.50 per share of Rs 10 each.

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Gillanders Arbuthnot & Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2011 has recommend payment of dividend as follows: (a) Dividend of Rs.8/- per share on 2,00,000, 8% Redeemable Cumulative Preference shares of Rs.100/- each. (b) Dividend of Rs.4.50 per share i.e.45% as dividend on 2,13,42,346 fully paid up ordinary shares of Rs.10/- each.Source : BSE

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