Sundaram Finance Recommends Dividend Of Rs 6.50 Per Share

Sundaram Finance has recommended a final dividend of Rs 6.50 per share (65%) for the financial year ended 31st March 2017, on the paid-up capital of Rs.111.10 cr.

The board of directors of the company decided on the dividend at the  at meeting held on May 29, 2017. Sundaram Finance already informed the exchanges about this crucial decision. 

This, together with the interim dividend of Rs 5 per share (50%) paid on 10th March 2017 will make a total dividend of Rs. 11.50/- per share (115%) for the financial year ended 31st March 2017.

The stock of the company on the BSE is trading on a flat note at Rs 1479 per share down by Rs 3 per share or 0.2% in opening hours of trade.

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