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Board of Siemens recommends final dividend

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Capital Market

At meeting held on 23 November 2016 d

Siemens announced that the Board of Directors of the Company at its meeting held on 23 November 2016, inter alia, has taken the following decisions:

- Recommended a final dividend of Rs. 6 /- per Equity Share of Rs. 2 each (300%) for the Financial Year ended September 30, 2016, which together with the Special Dividend (Interim Dividend) of Rs. 27.50 per Equity Share paid in August 2016, aggregates to a dividend of Rs. 33.50/- per Equity Share for FY 2015-16. [Previous Year: Rs. 10/- per Equity Share (including a special dividend of Rs. 4/- per share)].

 

The final dividend, as recommended by the BoD, if declared at the ensuing Annual General Meeting (AGM) of the Company, would commence from 13 February 2017.

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First Published: Nov 23 2016 | 3:14 PM IST

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