Marico declares interim dividend of Rs 4.50 per share

NEW DELHI: FMCG major Marico on Wednesday said its board has declared a second interim dividend of Rs 4.50 per equity share for FY2020-21.

"The board of directors of the company at its meeting... approved the declaration of second interim equity dividend for the financial year 2020-21 of Rs 4.50 per equity share of Rs 1 each, being 450 per cent on the paid-up equity share capital of Rs 129.13 crore," Marico said in a regulatory filing.

Shares of Marico closed 0.52 per cent higher at Rs 408.60 apiece on the Bombay Stock Exchange (BSE) on Wednesday.