Lifetime Dividend History of Britannia Industries Ltd share /stock

Britannia Industries Ltd.: Full Dividend History details - Lifetime Dividend Rs.602.50

as on 31-March-2023

Lifetime Dividend History of Britannia Industries Ltd share /stock

Britannia Industries Ltd. (BRIT) is a leading food company in India. The company was founded in 1892 and is headquartered in Mumbai. BRIT's products include biscuits, cakes, bread, and dairy products. BRIT is a dividend aristocrat. This means that the company has consistently paid dividends for at least 25 consecutive years. In fact, BRIT has increased its dividend every year for the past 27 years.

BRIT's dividend yield is currently about 1.4%. This is not the highest dividend yield in the market, but it is a safe and reliable dividend. BRIT's shares have performed well over the past few years. The stock has increased by about 50% in the past five years.

There are a few reasons for BRIT's strong performance. First, the company has a strong brand name. BRIT is one of the most trusted food brands in India.

Second, BRIT has a growing product portfolio. The company has been expanding its product range in recent years. This has helped to drive growth.

Third, BRIT has a strong financial position. The company has a healthy balance sheet and generates a lot of cash flow. This gives BRIT the financial strength to continue paying dividends and investing in its business.

Dividend History of Britannia Industries Ltd

BRIT has a long history of paying dividends. The company's first dividend was paid in 1938. Since then, BRIT has paid dividends every year.

BRIT's dividend has increased steadily over the years. The company's dividend has increased by an average of 10% per year over the past 20 years.

In 2023, BRIT's dividend was Rs. 72 per share. This represents a dividend yield of about 1.4%.

Announcement DateEx-DateDividend TypeDividend (%)Dividend (Rs)Remarks
28-03-202313-04-2023Interim7200₹72.00Rs.72.0000 per share(7200%)Interim Dividend
02-05-202220-06-2022Final5650₹56.50Rs.56.5000 per share(5650%)Final Dividend
05-10-202025-05-2021Special1250₹12.50Rs.12.5000 per share(1250%)Dividend (Payment of dividend of Rs. 12.50 (Rupees Twelve and Fifty Paise) per every 1 (one) fully paid-up equity share of face value of Re. 1 (Rupee One) each by utilizing its accumulated profits)
30-03-202108-04-2021Interim6200₹62.00Rs.62.0000 per share(6200%)Interim Dividend
17-08-202026-08-2020Interim8300₹83.00Rs.83.0000 per share(8300%)Interim Dividend
20-04-202029-04-2020Interim3500₹35.00Rs.35.0000 per share(3500%)Interim Dividend
02-05-201901-08-2019Final1500₹15.00Rs.15.0000 per share(1500%)Dividend
15-05-201827-07-2018Final1250₹25.00Rs.25.0000 per share(1250%) Dividend.
25-05-201728-07-2017Final1100₹22.00Rs.22.0000 per share(1100%)Dividend
20-05-201629-07-2016Final1000₹20.00Rs.20.0000 per share(1000%)Dividend
21-05-201527-07-2015Final800₹16.00Rs.16.0000 per share(800%)Dividend
27-05-201423-07-2014Final600₹12.00Rs.12.0000 per share(600%)Dividend
24-05-201323-07-2013Final425₹8.50Rs.8.5000 per share(425%)Dividend
27-05-201119-07-2011Final325₹6.50Rs.6.50 per share(325%)Dividend
31-05-200618-07-2006Final150₹15.00AGM (Revised)
29-06-200405-08-2004Final110₹11.00AGM (Revised)
13-06-200323-07-2003Final100₹10.00Voluntary Delisting of Shares
Total Dividend₹602.50

Dividend Policy of Britannia Industries Ltd

BRIT's dividend policy is to pay out a minimum of 50% of its profits in dividends. The company has a track record of exceeding this target. In 2023, BRIT paid out 60% of its profits in dividends.

BRIT's dividend policy is based on the following principles:

  • To provide a stable and growing dividend to shareholders.
  • To maintain a strong financial position.
  • To invest in the business for future growth.

Outlook of Britannia Industries Ltd

BRIT's outlook is positive. The company is well-positioned to continue growing in the future. BRIT has a strong brand name, a growing product portfolio, and a strong financial position.

BRIT's dividend is also likely to continue growing in the future. The company has a track record of increasing its dividend every year.

If you are looking for a safe and reliable dividend, BRIT is a good option. The company has a long history of paying dividends and its dividend is likely to continue growing in the future.


This article is for informational purposes only and should not be construed as investment advice. The author is not a financial advisor and does not have any formal training in finance. The reader should consult with a qualified financial advisor before making any investment decisions.