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Published: May 06, 2024
Updated: May 06, 2024

John Cockerill India issues dividend at Rs.7 per share Dividend : Stock to turn ex-dividend today

The Board of Directors of John Cockerill India has announced a final dividend of ₹7 per equity share, presenting a promising opportunity for eligible shareholders. This dividend, subject to member approval at the upcoming Annual General Meeting, reflects the company's commitment to rewarding its investors.

Mark Your Calendar:

Record Date Approaching

With the record date set for May 6, shareholders have a limited window to capitalize on this dividend offering. The eligibility criteria ensure that investors who seize this opportunity can maximize their returns.

Strategic Expansion on the Horizon:

John Cockerill India, a subsidiary of the Belgium-based John Cockerill Group, continues to expand its presence in the Indian market. The company's plans to establish an electrolyzer plant signify a strategic move towards green hydrogen production and export, positioning itself as a key player in India's renewable energy landscape.

A Vision for Growth:

The Belgium group's ambitious investment plans underscore its commitment to the Indian market. With a focus on green hydrogen technology and defense manufacturing, John Cockerill aims to solidify its position as a leader in sustainable solutions.

Collaborative Ventures for a Sustainable Future:

Partnerships with industry leaders like Greenko Group exemplify John Cockerill's collaborative approach to innovation. The exclusive agreement for green hydrogen electrolyzers underscores the company's dedication to driving sustainable growth in the Indian subcontinent.

Seize the Opportunity ; the stock to turn ex-dividend today

As John Cockerill India gears up for its 38th Annual General Meeting, shareholders have much to anticipate. The company's dividend announcement and strategic initiatives signal an exciting period of growth and value creation. With a focus on innovation and sustainability, John Cockerill India remains poised to unlock significant value for its stakeholders.