Recommendation of Dividend at the rate of Rs.15 per equity share (150%)of Rs.10 each
JKCEMENT · price
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JK Cement Limited's board has recommended a dividend of Rs.15 per equity share on shares having a face value of Rs.10 each, which works out to 150% of the face value. This is a recommendation that typically needs shareholder approval at the upcoming annual general meeting. The record date and payment timeline will be communicated separately. The dividend represents a steady payout consistent with the company's history of rewarding shareholders.
Shareholders will receive Rs.15 for every share they hold, subject to approval at the AGM. This may provide modest support to the stock price near the ex-dividend date, though the announcement itself is largely procedural at this stage.