JB Chemicals Rs 9.25/share dividend: When will pharma stock trade ex-dividend? Here's all you need to know

JB Chemicals & Pharmaceuticals shares will trade ex-dividend on Rs 9.25 per share on August 17. The JB Chemicals stock, traded on the bourses with the symbol JBCHEPHARM, has risen 8.6 per cent so far in 2023.

JB Chemicals shares will trade ex-dividend on August 17. | Image: Pixabay

JB Chemicals & Pharmaceuticals (JBCHEPHARM) shares will trade ex-dividend on August 17. Last month, the Mumbai-based pharma company's board announced a final dividend of Rs 9.25 per share for the year ended March 2023.

JB Chemicals shares — traded on the bourses with the symbol JBCHEPHARM — have rewarded investors with a return of 42 per cent in the past one year.

Here's all you need to know about the latest JB Chemicals dividend:

JB Chemicals dividend amount

The drug maker's latest final dividend is to the tune of 462.5 per cent given the face value of Rs 2 per share.

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JB Chemicals dividend record date

The company has announced August 17 as the record date for the payout.

What is a record date and what does it signify?

A record date is the date that determines the shareholders eligible to receive the benefit of corporate action such as a dividend.

JB Chemicals dividend history

JB Chemicals and Pharmaceuticals has consistently rewarded its investors with dividends in the past. Here's a list of payouts by the drug maker in the recent years:

Dividend announcement date	Dividend amount (in rupees)	Dividend percentage	Dividend type	Ex-date
May 29, 2023	9.25	462.5	Final	August 17, 2023
February 8, 2023	8.5	425	Interim	February 17, 2023
May 26, 2022	8	400	Final	August 12, 2022
February 14, 2022	8.5	425	Interim	February 23, 2022
June 16, 2021	8	400	Final	September 1, 2021
February 10, 2021	8.5	425	Interim	February 18, 2021
June 25, 2020	1	50	Final	September 22, 2020
February 20, 2020	10	500	Interim	March 3, 2020
May 21, 2019	5	250	Final	August 14, 2019
May 25, 2018	2	100	Final	August 27, 2018

JB Chemicals shares: Past performance

As of June 12, JB Chemicals shares have grown 42 per cent in value over the past one year, a period in which the Nifty headline index has risen 17.9 per cent.

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