Page Industries Adjusts Dividend Record Date: What Investors Need to Know
In a recent announcement, Page Industries has revised the record date for its upcoming dividend payment, shifting it from May 23, 2025, to May 21, 2025. This change comes as the company gears up for its board meeting set for May 15, 2025, where key financial results and a fourth interim dividend for the fiscal year 2024-25 will be discussed.
Page Industries’ Board Meeting Details
On May 15, 2025, the board of directors at Page Industries will convene to:
- Approve the Q4 financial results for the year ending March 31, 2025
- Consider the declaration of the fourth interim dividend for shareholders
In a regulatory filing, the company stated, “We hereby inform you that the meeting of the Board of Directors of the Company is scheduled to be held on May 15, 2025, to consider and take on record the Audited Financial Results of the Company for the Quarter and Year ending March 31, 2025, and to deliberate on the declaration of the 4th Interim Dividend for the fiscal year 2024-25.”
Understanding the Dividend Record Date
The dividend record date is crucial for investors. It determines which shareholders are eligible to receive the upcoming dividend payment. Only those whose names appear on the company’s register by this date will benefit from the distribution.
- If investors wish to qualify for the dividend, they must purchase shares one day before the record date, in accordance with the T+1 settlement process.
Revised Record Date Announcement
On April 25, 2025, Page Industries confirmed the alteration of the record date. The updated announcement noted, “With reference to our letter dated April 18, 2025, regarding the board meeting to consider the declaration of an interim dividend, we hereby inform you that the record date set for the 4th Interim Dividend for 2024-25 has been revised to May 21, 2025.”
Key Takeaways for Investors
- New Record Date: May 21, 2025
- Board Meeting: May 15, 2025
- Eligibility: Purchase shares by May 20, 2025, to be eligible for the dividend
This adjustment is essential for shareholders to note, ensuring that they are positioned to benefit from Page Industries’ forthcoming dividend payouts. For more updates on financial changes, consider following relevant financial news platforms.
