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Sanofi India hits record high, surges 9% on dividend of Rs 349 per share

The total dividend of Rs 343 per share includes a one-time special dividend of Rs 243 per equity share for the year ended December 31, 2019.

The Sanofi logo is seen at the company's headquarters in Lyon, France. Photo: Reuters
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The Sanofi logo is seen at the company's headquarters in Lyon, France. Photo: Reuters

SI Reporter Mumbai
Shares of Sanofi India hit a record high of Rs 7,638, surging 9 per cent, on the BSE on Wednesday after the pharmaceutical company announced a total dividend of Rs 349 per share.

“The Board has recommended a dividend of Rs 106 per equity share of Rs 10 for the year ended December 31, 2019. In addition, after reviewing the cash requirements for the Company's operations, a one-time special dividend of Rs 243 per equity share is being recommended,” Sanofi India said in exchange filing. READ HERE

The total dividend of Rs 349 per equity share will

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