ICICI Bank and Reliance Industries Ltd (RIL) slipped over 3% each after these stocks turned ex-dividend today.
The board of directors of India’s largest private sector bank ICICI Bank has recommended a dividend of Rs16.50 per equity share of face value of Rs10 each.
“The Register of Members & Share Transfer Books of the bank will remain closed from June 02, 2012 to June 25, 2012 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the company to be held on June 25, 2012,” ICICI Bank said in a filing.
The payment date for the dividend, subject to approval of the same by the shareholders at the AGM, will be June 26, 2012, it added.
RIL’s board at its meeting held on Ap ril 20, 2012, has recommended a dividend of Rs8.50 per fully paid-up equity share of Rs10/- each.
“The Register of Members & Share Transfer Books of the company will remain closed from June 02, 2012 to June 07, 2012 (both days inclusive) for determining shareholders’ entitlement for dividend, recommended by the board, on equity shares, for the financial year ended March 31, 2012,” RIL said in a filing.
The dividend will be credited / dispatched to the members between June 08, 2012 and June 14, 2012, it added.
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The board of directors of India’s largest private sector bank ICICI Bank has recommended a dividend of Rs16.50 per equity share of face value of Rs10 each.
“The Register of Members & Share Transfer Books of the bank will remain closed from June 02, 2012 to June 25, 2012 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the company to be held on June 25, 2012,” ICICI Bank said in a filing.
The payment date for the dividend, subject to approval of the same by the shareholders at the AGM, will be June 26, 2012, it added.
RIL’s board at its meeting held on Ap ril 20, 2012, has recommended a dividend of Rs8.50 per fully paid-up equity share of Rs10/- each.
“The Register of Members & Share Transfer Books of the company will remain closed from June 02, 2012 to June 07, 2012 (both days inclusive) for determining shareholders’ entitlement for dividend, recommended by the board, on equity shares, for the financial year ended March 31, 2012,” RIL said in a filing.
The dividend will be credited / dispatched to the members between June 08, 2012 and June 14, 2012, it added.
....more info