STC intends to give a 25 percent dividend to its stockholders this year.

7

It has been announced that the Salt Trading Corporation (STC) will hold its 54th general meeting (AGM) on November 2. The planned resolution to pay a 25 percent dividend to shareholders is expected to be approved at the company’s annual general meeting.

The state-owned firm has a 20 percent bonus share and a five percent cash dividend from its revenues the 2019/20, of which would be tax-deductible. Attempts have been made to get the proposal passed at the upcoming AGM.

ALSO READ  Blank Emails from Meroshare CDSC while Resetting the Password
Leave A Reply

Your email address will not be published.