{"id":55603,"date":"2022-07-27T19:35:00","date_gmt":"2022-07-27T14:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=55603"},"modified":"2022-07-27T19:28:39","modified_gmt":"2022-07-27T13:58:39","slug":"pharma-stock-announces-a-dividend-of-1930-or-193-per-share-do-you-own-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/pharma-stock-announces-a-dividend-of-1930-or-193-per-share-do-you-own-it\/","title":{"rendered":"Pharma stock announces a dividend of 1930% or \u20b9 193 per share; Do you own it?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-779830116\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Pharma Company, Sanofi India\u2019s board of directors have recommended a special dividend of \u20b9 193 against a face value of \u20b9 10 per equity share (1930% of its face value), for the financial year ending December 2022. The company\u2019s board announced this decision after its scheduled board meeting held on July 26, 2022.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-748620709\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>&#8220;The Board of Directors of the Company at its Meeting held today has declared One-Time Special Interim Dividend of Rs. 193 per equity share of Rs. 10 each for the financial year ending 31st December 2022. The Meeting of the Board of Directors commenced at 2.00 p.m. and concluded at 5.10 p.m. As informed earlier the Company has fixed 8th August 2022 as the record date for the purpose of payment of the One-Time Special Interim Dividend. The said dividend will be paid on or after 22nd August 2022, &#8221; the company informed the stock exchanges.<\/p><p>The record date for the payment of the special dividend is August 8, 2022. The shares of the company will start trading ex-dividend on August 05, 2022, since the markets will remain closed on August 06 and August 07 due to the weekend. The dividend will be paid on or after August 22, 2022.<\/p><p>Earlier on April 12, Sanofi India\u2019s shares had started trading ex-dividend as the company had declared a final dividend of \u20b9 181 and a special dividend of \u20b9 309 per equity share. There are a few months for the calendar year to come to an end, but the company has already announced \u20b9 683 in dividends per equity share (\u20b9 193+ \u20b9 309+ \u20b9 109). The shares of the company closed at \u20b9 6369.75 on Wednesday. At that price, the dividend yield of the company is 10.72%.<\/p><div class=\"trade-content_5\" id=\"trade-2646468084\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company posted a net profit of \u20b9120.4 crores in the April to June quarter, down 32.47% as compared to \u20b9 178.3 crores reported in the corresponding quarter last year. The company had reported a profit of \u20b9 238.4 crores in the preceding quarter.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Simran Bafna<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-889544243\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Pharma Company, Sanofi India\u2019s board of directors have recommended a special dividend of \u20b9 193 against a face value of \u20b9 10 per equity share (1930% of its face value), for the financial year ending December 2022. The company\u2019s board announced this decision after its scheduled board meeting held on July 26, 2022.&nbsp; &#8220;The Board [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":49884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[57,3443,3402,58,62,3025,4022,4486,4487,4488,3153,4178,4183,3157,3158],"class_list":["post-55603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dividend","tag-dividend-declared","tag-dividend-payout","tag-dividend-stocks","tag-dividend-stocks-yield","tag-dividends","tag-sanofi-india","tag-sanofi-india-dividend","tag-sanofi-india-dividend-yield","tag-sanofi-india-special-dividend","tag-stock-to-buy","tag-stock-to-buy-in-2022","tag-stock-to-trade","tag-stock-to-watch","tag-stock-to-watch-in-2022"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pharma stock announces a dividend of 1930% or \u20b9 193 per share; Do you own it? - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/pharma-stock-announces-a-dividend-of-1930-or-193-per-share-do-you-own-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharma stock announces a dividend of 1930% or \u20b9 193 per share; Do you own it?\" \/>\n<meta property=\"og:description\" content=\"Pharma Company, Sanofi India\u2019s board of directors have recommended a special dividend of \u20b9 193 against a face value of \u20b9 10 per equity share (1930% of its face value), for the financial year ending December 2022. 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