REC Dividend 2020 Latest News: REC LTD Dividend Price, Record Date & Payment Date

REC Dividend 2020: REC Ltd Dividend Record Date, History, Payment Date, Payment Date, Payout Date, dividend history, Interim & Final Dividend per share

REC (Rural Electrification Corporation ltd) posts 66% jump in net profit at Rs 2,197 cr in September quarter.

Its consolidated net profit had stood at Rs 1,322.47 crore in the corresponding quarter of the previous financial year, according to a BSE filing.

The company’s total income during July-September 2020 rose to Rs 8,822.10 crore, from Rs 7,659.30 crore in the year-ago period.

The board has approved payment of interim dividend of Rs 6/- per equity share.

The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, has being fixed as Tuesday, November 17, 2020.

Also Check:- Latest Dividend Paying Stocks

REC Dividend Details

REC Dividend Type INTERIM
REC Dividend Price Rs. 6/-
REC Dividend Announcement Date 06.11.2020
REC Dividend Ex-Dividend Date 16.11.2020
REC Dividend Record Date 17.11.2020
REC Dividend (%) 60%
REC Dividend Payment Date 03.12.2020
REC Quarterly Result September Q2
Face Value (FV): 10
Financial year 2020-21
Board Meeting held on 06.11.2020

REC Dividend Important Dates

REC Dividend Price

Rs. 6/- per equity share

REC Dividend Record Date

17th November 2020

REC Dividend Payment Date

December 3, 2020

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REC Dividend History

You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for REC Limited.

Interim Dividend:
• Declared interim dividend of Rs. 6/- per equity share of face value of Rs. 10/-
each for the financial year 2020-21.
• The Company has fixed 20th Nov’ 2d as the “Record Date” for the purpose of payment of Interim Dividend on Equity Shares for the Financial Y ear 2020-21, if declared by the Board’. The Date of payment of interim dividend is on and from December 3, 2020.

Dividend History for REC (Rural Electrification Corporation Limited)

Announcement Record Date Dividend Type Dividend % Dividend Price
03/11/2020 17/11/2020 Interim 60% Rs.6/share
28/01/2020 11/02/2020 Interim 110% Rs.11/share
28/02/2019 11/03/2019 Interim 110% Rs.11/share
28/05/2018 17/09/2018 Final 18% Rs.1.75/share
06/02/2018 15/02/2018 Interim 74% Rs.7.40/share
31/05/2017 14/09/2017 Final 26% Rs.2.65/share

Latest Dividends 2020

***Related Queries***

REC Limited, REC Q2 Revenue, REC Q2 Earnings, REC Q2 Profit, REC Ltd., REC Q2 Results,

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Are you Eligible for Dividend?

To determine whether you should get a dividend, you need to look at two important dates. They are the “record date” or “date of record” and the “ex-dividend date” or “ex-date.”

When a company declares a dividend, it sets a record date when you must be on the company’s books as a shareholder to receive the dividend.

Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

What’s the Difference Between the Record Date and Ex-Dividend Date?

What Is Record Date?

The record date, or date of record, is the cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend.

The determination of a record date is required to ascertain who exactly a company’s shareholders are as of that date, since shareholders of an actively traded stock are continually changing. The shareholders of record as of the record date will be entitled to receive the dividend or distribution, declared by the company.

What is Ex-Dividend Date?

The ex-dividend date (or ex-date) of a stock is dictated by stock exchange rules and is usually set to be one business day before the record date.

In order for an investor to receive a dividend payment on the listed payment date, they would need to have their stock purchase completed by the ex-dividend date. If the stock sale has not been completed by the ex-dividend date, then the seller on record is the one who receives the dividend for that stock.

REC Ltd. Dividend FAQs

What is REC ltd dividend price?

Company declared interim dividend of Rs.6/- per equity share of face value of Rs.10/- each for the financial year 2020-21.

What is Record date for REC ltd dividend?

The REC ltd dividend record date is Tuesday, November 17, 2020.

What is REC ltd dividend payment Date?

REC ltd dividend payout date is on and from December 3, 2020.

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