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The Board of Oriental InfraTrust recommends the Final Dividend

May 8, 2024

By: BlinkX Research Team

The Board of Directors of Oriental Infra Trust has announced a final dividend of 3.79 rupees per equity i.e. 3.79%, subject to the approval of shareholders of the company. The company announced its annual general meeting held on May 7. 

Key Takeaways of Oriental Infra Trust Final Dividend:

• On holding one share, an equity holder will be given a final dividend of 3.79 rupees which is 3.79%. 
• Oriental InfraTrust is sponsored by Oriental Structural Engineers Private Limited (OSE) and its subsidiary Oriental Tollways Private Limited (OTPL).
• It is a 50-year-old construction company having worldwide expertise in the construction of rigid and flexible pavements for roads, highways, and airfields.

Check Oriental Infra Trust Share Price Here!!

Companies usually declare their final dividend at their annual general meeting (AGM) for the given fiscal year. The amount is decided after all year-end financial results are recorded and the directors are made aware of the company’s profitability and financial health. Following this, the company chooses to retain some portion for business needs. At the same time, the remaining amount is distributed amongst shareholders as the final dividend.