This move will be in addition to the company’s regular annual dividend of approximately Rs 6,000 crore.
Hospital chain operator Aster DM Healthcare on April 12 announced that its board approved a special dividend of Rs 118 per equity share
The company also said if granted, August 2 will serve as the record date to determine the entitlement of the equity shareholders for the said dividend.
"Media reports indicate that the government might look at the option of a share buyback or special dividend to raise cash from Coal India. We believe risk-reward is compelling at the current stock price," Goldman Sachs report said.
Jammu and Kashmir Bank declared a special dividend of 500 percent and is eyeing 20 percent growth going ahead.
Infosys, country's second largest software services exporter has come out with its fourth quarter FY12 numbers today. It has disappointed the street by its revenues and EBIT, though profits came in slightly higher than expectations.