Sundaram Finance LTD has declared an equity dividend of 120% amounting to Rs 12/- per share. At the current share price of Rs.1700 this results in a dividend yield of 0.76%. Sundaram Finance LTD informed the exchanges on 20 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 final dividend of Rs 12/- per equity share of Rs 10/- each fully paid up.
The record date for the Sundaram Finance LTD is February 03, 2021 and the ex-dividend date is February 02. The earliest dividend payout, as per the company, will be on February 17, 2021.
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Sundaram Finance LTD Dividend Percentage & Record Date
| Sundaram Finance Dividend Type | Interim |
| Sundaram Finance Dividend Price | Rs. 12/- |
| Sundaram Finance Dividend Announcement Date | 20-01-2021 |
| Sundaram Finance Dividend Ex-Dividend Date | 02-02-2021 |
| Sundaram Finance Dividend Record Date | 03-02-2021 |
| Sundaram Finance Dividend (%) | 120% |
| Sundaram Finance Dividend Payment Date | 17-02-2021 |
| Sundaram Finance Quarterly Result | Interim |
| Face Value (FV): | Rs. 10 |
| Financial year | 2020-21 |
| Board Meeting held on | 20-01-2021 |
Sundaram Finance LTD Dividend Important Dates
| Sundaram Finance Dividend Price | Rs. 12/- |
| Sundaram Finance Dividend Record Date | 03 Feb 2021 |
| Sundaram Finance Dividend Payment Date | 17 Feb 2021 |
Sundaram Finance LTD Dividend History
You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for Sundaram Finance LTD Interim Dividend:
• Declared Interim dividend of Rs. 12/- per equity share of face value of Rs. 10/- each for the financial year 2020-21.
• The Company has fixed 03th Feb 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 17 Feb 2021.
| Announcement Date | Effective Date | Dividend Type | Dividend (%) | Remarks |
|---|---|---|---|---|
| 20-01-2021 | 02-02-2021 | Interim | 120.00 | Rs.12.0000 per share(120%)Interim Dividend |
| 29-05-2020 | 02-07-2020 | Final | 30.00 | Rs.3.0000 per share(30%)Final Dividend |
| 10-02-2020 | 18-02-2020 | Interim | 100.00 | Rs.10.0000 per share(100%)Interim Dividend |
| 20-05-2019 | 03-07-2019 | Final | 75.00 | Rs.7.5000 per share(75%)Final Dividend |
| 21-05-2019 | 03-07-2019 | Special | 50.00 | Rs.5.0000 per share(50%)Special Dividend |
| 01-02-2019 | 11-02-2019 | Interim | 50.00 | Rs.5.0000 per share(50%)Interim Dividend |
| 25-05-2018 | 04-07-2018 | Final | 70.00 | Rs.7.0000 per share(70%)Final Dividend |
| 27-04-2018 | 10-05-2018 | Interim | 50.00 | Rs.5.0000 per share(50%)Interim Dividend |
| 29-05-2017 | 04-07-2017 | Final | 65.00 | Rs.6.5000 per share(65%)Final Dividend. |
| 17-02-2017 | 01-03-2017 | Interim | 50.00 | Rs.5.0000 per share(50%)Interim Dividend. |
| 31-05-2016 | 05-07-2016 | Final | 10.00 | Rs.1.0000 per share(10%)Final Dividend |
| 08-03-2016 | 17-03-2016 | Interim | 55.00 | Rs.5.5000 per share(55%)Second Interim Dividend |
| 29-01-2016 | 09-02-2016 | Interim | 45.00 | Rs.4.5000 per share(45%)Interim Dividend |
| 29-05-2015 | 07-07-2015 | Final | 60.00 | Rs.6.0000 per share(60%)Final Dividend |
| 30-01-2015 | 10-02-2015 | Interim | 45.00 | Rs.4.5000 per share(45%)Interim Dividend |
| 26-05-2014 | 07-07-2014 | Final | 100.00 | Rs.10.0000 per share(100%)Dividend |
| 29-05-2013 | 02-07-2013 | Final | 45.00 | Rs.4.5000 per share(45%)Final Dividend |
| 04-02-2013 | 14-02-2013 | Interim | 45.00 | Rs.4.5000 per share(45%)Interim Dividend |
| 28-05-2012 | 28-06-2012 | Final | 80.00 | - |
| 17-01-2012 | 01-02-2012 | Interim | 75.00 | - |
| 31-05-2011 | 29-06-2011 | Final | 70.00 | Rs.7.00 per share(70%)Final Dividend |
| 19-01-2011 | 02-02-2011 | Interim | 70.00 | - |
| 28-05-2010 | 30-06-2010 | Final | 40.00 | - |
| 28-01-2010 | 09-02-2010 | Interim | 60.00 | - |
| 29-05-2009 | 10-07-2009 | Final | 25.00 | - |
| 16-02-2009 | 04-03-2009 | Interim | 40.00 | - |
| 28-05-2008 | 08-07-2008 | Final | 50.00 | AGM |
| 17-04-2008 | 02-05-2008 | Interim | 100.00 | - |
| 30-05-2007 | 09-07-2007 | Final | 20.00 | AGM |
| 02-03-2007 | 20-03-2007 | Interim | 85.00 | - |
| 31-05-2006 | 18-07-2006 | Final | 135.00 | Dividend of 85% (Eight Five Percent) for the financial year 2005-06 and an additional special dividend of 50% (Fifty Percent) making a total of 135% |
| 06-06-2005 | 13-07-2005 | Final | 15.00 | AGM |
| 28-01-2005 | 02-02-2005 | Interim | 60.00 | - |
| 20-04-2004 | 06-05-2004 | Interim | 70.00 | - |
| 12-06-2003 | 31-07-2003 | Final | 75.00 | The BOD have recommended a tax free dividend of 60% for the year 2002-03 and an additional and special Golden Jubilee Dividend of 15% making a total of 75% for the year ended March 31, 2003. |
About Sundaram Finance LTD
Sundaram Finance was established in 1954 when Sri T. S. Santhanam, the Founder, envisioned the future of hire-purchase finance in India. The company was started with a paid-up capital of Rs. 2 Lakhs and promoted by Madras Motor & General Insurance Company which was then one of the leading insurance companies in India prior to nationalization in 1971.
Started with the primary objective of financing the purchase of commercial vehicles, the company, has today grown into one of the most trusted financial services groups in India. It has a nation-wide presence of nearly 640 branches, over two lakh depositors and three lakh commercial vehicle and car finance customers.
Today, Sundaram Finance Limited has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.
The company's Diamond Jubilee in August 2014 was preceded by the birth centenary of its Founder in November 2012.
How To Check Eligibility for Sundaram Finance LTD 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.
Sundaram Finance LTD Dividend FAQs
What is Sundaram Finance LTD dividend price?
Company declared Final dividend of Rs.12/- per equity share of face value of Rs.10/- each for the financial year 2020-21.
What is Record date for Sundaram Finance LTD dividend?
The Sundaram Finance LTD dividend record date is Wednesday, 03th Feb 2021.
What is Sundaram Finance LTD dividend payment Date?
Sundaram Finance LTD dividend payout date will be 17th Feb 2021.
