CESC (Calcutta Electric Supply Corporation) has declared an equity dividend of 450% amounting to Rs 45/- per share. At the current share price of Rs 699 this results in a dividend yield of. 2.85%. CESC (Calcutta Electric Supply Corporation) informed the exchanges on 13 January 2021 that the company’s Board of Directors has declared the dividend for FY 2021.
This is the interim dividend declaration for the financial year ended 20-21.
The board has approved payment of interim dividend of Rs 45/- per equity share of Rs 10/- each fully paid up.
The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, has being fixed as Thursday, 25th January, 2021.
CESC (Calcutta Electric Supply Corporation) Dividend Percentage & Record Date
| CESC Dividend Type | Interim |
| CESC Dividend Price | Rs. 45/- |
| CESC Dividend Announcement Date | 13-01-2021 |
| CESC Dividend Ex-Dividend Date | 22-01-2021 |
| CESC Dividend Record Date | 25-01-2021 |
| CESC Dividend (%) | 450% |
| CESC Dividend Payment Date | 05-02-2021 |
| CESC Quarterly Result | Q2 |
| Face Value (FV): | Rs. 10 |
| Financial year | 2020-21 |
| Board Meeting held on | 13-01-2021 |
CESC (Calcutta Electric Supply Corporation) Dividend Important Dates
| CESC Dividend Price | Rs. 45/- |
| CESC Dividend Record Date | 25 Jan 2021 |
| CESC Dividend Payment Date | 05 Feb 2021 |
CESC (Calcutta Electric Supply Corporation) Dividend History
You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for CESC (Calcutta Electric Supply Corporation) Interim Dividend:
• Declared interim dividend of Rs. 45/- per equity share of face value of Rs. 10/- each for the financial year 2020-21.
• The Company has fixed 25th January 2021 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 05 Feb 2021.
| Announcement Date | Effective Date | Dividend Type | Dividend (%) | Remarks |
|---|---|---|---|---|
| 13-01-2021 | 22-01-2021 | Interim | 450.00 | Rs.45.0000 per share(450%)Interim Dividend |
| 06-02-2020 | 18-02-2020 | Interim | 200.00 | Rs.20.0000 per share(200%)Interim Dividend |
| 29-01-2019 | 14-02-2019 | Interim | 175.00 | Rs.17.5000 per share(175%)Interim Dividend |
| 23-02-2018 | 08-03-2018 | Interim | 120.00 | Rs.12.0000 per share(120%)Interim Dividend |
| 10-02-2017 | 23-02-2017 | Interim | 100.00 | Rs.10.0000 per share(100%)Interim Interim Dividend. |
| 08-03-2016 | 17-03-2016 | Interim | 100.00 | Rs.10.0000 per share(100%)Interim Dividend |
| 21-05-2015 | 22-07-2015 | Final | 90.00 | Rs.9.0000 per share(90%)Dividend |
| 30-05-2014 | 18-06-2014 | Final | 80.00 | Rs.8.0000 per share(80%)Dividend |
| 28-05-2013 | 10-07-2013 | Final | 70.00 | Rs.7.0000 per share(70%)Dividend |
| 13-06-2012 | 11-07-2012 | Final | 50.00 | - |
| 24-06-2011 | 14-07-2011 | Final | 40.00 | - |
| 21-06-2010 | 08-07-2010 | Final | 40.00 | - |
| 22-05-2009 | 09-07-2009 | Final | 40.00 | - |
| 01-07-2008 | 17-07-2008 | Final | 40.00 | AGM |
| 25-06-2007 | 12-07-2007 | Final | 35.00 | AGM |
| 21-06-2006 | 06-07-2006 | Final | 25.00 | AGM |
| 24-06-2005 | 14-07-2005 | Final | 25.00 | AGM |
| 26-11-2001 | 07-12-2001 | Final | 0.00 | AGM & Nil Dividend |
About CESC (Calcutta Electric Supply Corporation)
CESC is India’s first fully integrated electrical utility company and we’ve been on an epic ride ever since 1899 in generating and distributing power in Kolkata and Howrah.
CESC have private participation in generation, transmission and distribution of electrical power. We are the sole distributor of electricity within an area of 567sq km of Kolkata & Howrah and serve 2.9 million consumers which include domestic, industrial and commercial users. We own & operate three thermal power plants generating 1125 MW of power. These are Budge Budge Generating Station (750 MW), Southern Generating Station (135 MW), & Titagarh Generating Station (240 MW) . From our three generating stations, we accomplish 88% of our customer’s electricity requirement and remaining 12% is achieved by purchase of electricity from third parties. More than 50% of coal is sourced from captive mines for generation of electricity in our generating stations.
CESC own & operate the Transmission & Distribution System through which we supply electricity to consumers. This system comprises of 474 km circuit of transmission lines linking the company’s generating & receiving stations with 105 distribution stations, 8,211 circuit km of HT lines further linking distribution stations with LT substations, large industrial consumers and 12,269 circuit km of LT lines connecting the LT substations to LT consumers.
In diurnal course, CESC have verged upon renewable sources. CESC have brought forth three projects in three different areas of renewable sources. These are Gujarat Solar, which is a solar plant in Gujarat’s Kutch generating 9MW solar energy, Hydro Power Venture (Papu Hydropower Projects Limited & Pachi Hydropower Projects) in Arunachal Pradesh, generating 146 MW energy and Wind Power Operation, a 24 MW project at Dangi in Rajasthan.
CESCC also installed two thermal power plants to meet the requirement of our electricity. These are Chandrapur Thermal Plant which is 600 MW project at Chandrapur, Maharastra and Haldia Thermal Plant which is 600 MW project at Haldia, West Bengal.
How To Check Eligibility for CESC (Calcutta Electric Supply Corporation) 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.
CESC (Calcutta Electric Supply Corporation) Dividend FAQs
What is CESC (Calcutta Electric Supply Corporation) dividend price?
Company declared Final dividend of Rs.45/- per equity share of face value of Rs.10/- each for the financial year 2020-21.
What is Record date for CESC (Calcutta Electric Supply Corporation) dividend?
The CESC (Calcutta Electric Supply Corporation) dividend record date is Monday, 25th Jan 2021.
What is CESC (Calcutta Electric Supply Corporation) dividend payment Date?
CESC (Calcutta Electric Supply Corporation) dividend payout date will be 05th Feb 2021.
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