Majesco approved an interim dividend of ₹ 974 per equity share of face value of ₹ 5 each for the financial year 2020-21. The interim dividend approved by Majesco board is at the rate of 19,480 per cent of the face value of the company, Majesco said in a stock exchange filing. Majesco's dividend payment translates to an amount of ₹ 2,788.4 crore on a shareholder base of 28.57 million shares.
Majesco will go ex-dividend on December 23 and record date for dividend has been fixed at December 25. Earliest Dividend Payout will be done on December 30
Majesco Dividend Percentage & Record Date
| Majesco Dividend Type | INTERIM |
| Majesco Dividend Price | Rs.974 /- |
| Majesco Dividend Announcement Date | 15.12.2020 |
| Majesco Dividend Ex-Dividend Date | 23.12.2020 |
| Majesco Dividend Record Date | 25.12.2020 |
| Majesco Dividend (%) | 19480% |
| Majesco Dividend Payment Date | 14.01.2021 |
| Majesco Quarterly Result | Sep Q2 |
| Face Value (FV): | Rs.5 |
| Financial year | 2020-21 |
| Board Meeting held on | 15.12.2020 |
Majesco Dividend Important Dates
| Majesco Dividend Price | Rs. 974/- per equity share |
| Majesco Dividend Record Date | 25th December 2020 |
| Majesco Dividend Payment Date | 30th December 2020 |
Majesco Dividend History
You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for Majesco.
Interim Dividend:
• Declared interim dividend of Rs. 974/- per equity share of face value of Rs. 5/- each for the financial year 2020-21.
• The Company has fixed 25th December 2020 as the “Record Date” for the purpose of payment of Interim Dividend on Equity Shares for the Financial Year 2020-21, if declared by the Board’. The Interim Dividend shall be paid to the Members on 30th December, 2021.
| Announcement | Record Date | Dividend Type | Dividend % | Dividend Price |
|---|---|---|---|---|
| 15/12/2020 | 25/12/2020 | Interim | 19480% | Rs.974/share |
| 09/03/2020 | 23/03/2020 | Final | 40% | Rs.2/share |
| 15/05/2019 | 30/07/2019 | Final | 30% | Rs.1.50/share |
| 03/08/2017 | 16/08/2017 | Special | 20% | Rs.1/share |
About Majesco Corporation Of India
Majesco Ltd. was incorporated in the year 2013. Its today's share price is 973.6. Its current market capitalisation stands at Rs 2965.88 Cr. In the latest quarter, company has reported Gross Sales of Rs. 10404.8 Cr and Total Income of Rs.10622 Cr. The company's management includes Vasant Gujarathi, Radhakrishnan Sundar, Madhu Dubhashi, Ketan Mehta, Farid Kazani, Ashank Desai, Venkatesh N Chakravarty.
It is listed on the BSE with a BSE Code of 539289 , NSE with an NSE Symbol of MAJESCO and ISIN of INE898S01029. It's Registered office is at M N D C, M B P - P -136,Mahape,Navi Mumbai-400710, Maharashtra. Their Registrars are ACC Ltd. It's auditors are MSKA & Associates, Varma & Varma
How To Check Eligibility for Majesco Dividend?
To determine whether you should get a dividend, you need to look at two important dates. They are the “record date” or “date of record” and the “ex-dividend date” or “ex-date.”
When a company declares a dividend, it sets a record date when you must be on the company’s books as a shareholder to receive the dividend.
Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date.
If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Majesco Dividend FAQs
What is Majesco dividend price?
Company declared interim dividend of Rs.974/- per equity share of face value of Rs.5/- each (@19480% of the paid up equity share capital) for the financial year 2020-21.
What is Record date for Majesco dividend?
The Majesco dividend record date is Friday, 25th December 2020.
What is Majesco dividend payment Date?
The Majesco Interim Dividend shall be paid to the Members on 30th December, 2020.
