Bombay Burmah Trading Corporation declares 200% interim dividend. Check details

Bombay Burmah Trading Corporation's Board of Directors approved an interim dividend of 4 per share during their meeting on March 21.

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Updated21 Mar 2025, 03:58 PM IST
Bombay Burmah Trading Corporation declares 200% interim dividend. Check details
Bombay Burmah Trading Corporation declares 200% interim dividend. Check details

The Board of Directors of Bombay Burmah Trading Corporation at their meeting held today, March 21, approved a second interim dividend of 4 per equity share of face value of 2 each for the financial year 2024-25 (FY25).

“This is to inform you that the Board of Directors of The Bombay Burmah Trading Corporation Limited (“Corporation”) at its meeting held today, i.e. 21st March 2025, declared 2nd Interim Dividend @ 200% i.e., Rs. 4/- per Equity Share of the face value of Re. 2/- each for the Financial Year 2024-25,” the company said in an exchange filing on Friday.

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Furthermore, the company fixed March 27 as the record date for determining the shareholders eligible to receive the said interim dividend.

The company did not disclose the date by which the dividend will be paid out. “The 2nd Interim Dividend is subject to deduction/withholding of applicable taxes and will be paid within the stipulated timelines as prescribed under law,” it said.

Bombay Burmah Trading Corporation Dividend History

The last dividend announced by the company amounted to 13 apiece with the dividend record date falling on February 21. It was the first interim dividend by the packaged foods company for FY25.

In the past 12 months, Bombay Burmah Trading Corporation has declared an equity dividend amounting to 14.20 per share, resulting in a dividend yield of 0.80%, according to Trendlyne data.

Bombay Burmah Trading Corporation Share Price Trend

Bombay Burmah Trading Corporation shares edged higher in intra-day deals on Friday, with the stock rising as much as 3.6%.

The stock opened at 1,688.55, down 2.5% from Thursday's closing price of 1,732.35. The stock hit an intra-day peak of 1,794.40. It finally settled the session at 1,780, up 2.75%.

In the last one week, the stock has gained 8.15% while in the past one year, it is up 13%.

Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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First Published:21 Mar 2025, 03:34 PM IST
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