250% dividend alert: Pharma company to pay Rs 2,500 for 1,000 shares; Record date soon
250% divided stock: Investors eyeing dividend benefits from this company involved in the pharmaceuticals business should note that September 15 is the record date for the upcoming dividend. This company is a key constituent of the BSE 500 and has a market capitalisation of Rs 60,128.53 crores.
The company under discussion is GLENMARK Pharmaceuticals Ltd .
Glenmark Pharmaceuticals Ltd final dividend
Glenmark Pharmaceuticals Ltd has declared a final dividend of Rs 2.50 per share for the financial year, representing a 250 per cent payout on the face value of Rs 1 per share.
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