Uttam Sugar Mills LimitedUTTAMSUGARNSE
Board of Directors has recommended a dividend of 6.50 % on ``Series - I Non
As filed · Outcome of Board Meeting
CapitalImprovingMinormateriality 46 out of 100
What happened
FactThe Board of Directors has recommended a dividend of 6.50 % on ``Series - I Non. The Board of Directors has also recommended a dividend of Rs. 2.50 per equity share of face.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
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Fact- Record date
- Payout as a share of profit
Evidence
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%