Dividend Stocks: The country's leading cement company Shri Cement Limited announced its quarterly results. The company said in an exchange filing that on Thursday, January 30, investors will be given Rs 50 per share as interim dividend. Earlier, the company had given a final dividend of Rs 55 per share in July 2024.

The record date for this interim dividend has been fixed as 5 February 2025. Those investors who hold Shri Cement shares till the market closes on 4 February will receive this dividend.
 

Shri Cement has given a dividend of more than Rs 300 per share to its investors in the last three years. This has made it one of the strong dividend-providing companies. Shri Cement's December quarter results were weak with a 69% decline in profit . The company's revenue fell 13% to Rs 4,235 crore, while EBITDA fell 23% to Rs 947 crore. EBITDA margin fell from 25.3% to 22.4%. The biggest decline came in the company's net profit, which fell 69% to Rs 229 crore. The main reason for this was low sales and high depreciation, which has affected the company's profitability. However, despite these results, Shri Cement shares closed 1% higher at ₹ 26,918 on Thursday.