US conglomerate General Electric (GE) has said it is raising its quarterly dividend by 20% because of its improving financial performance. The payout will rise by 2 cents to $0.12 (£0.08) per share. GE slashed its dividend by 68% from $0.31 to $0.10 in February 2009 to conserve cash during the downturn.

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Tata Sponge Iron Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from July 18, 2009 to July 22, 2009 (both days inclusive) for the purpose of payment

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IFCI Ltd has announced that the Board of Directors of the Company at its meeting held on June 27, 2009 has recommended, a dividend @ Re 0.80 per share i.e. 8% for the year ended March 31, 2009, subject to the approval of shareholders at the ensuing Annual General Meeting.

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Torrent Pharmaceuticals Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from June 10, 2009 to June 12, 2009 (both days inclusive) for the purpose of payment

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Blue Star Infotech Board recommends Dividend of Rs5 Blue Star Infotech Ltd has on May 12, 2009 announced Dividend of Rs 5 per share. (50% dividend on face value of Rs10)

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Raymond Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from May 27, 2009 to June 10, 2009 (both days inclusive) for the purpose of 84th Annual

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Allcargo Global Logistics Ltd has announced dividend @ 25% (Rs 2.50 per equity share of Rs 10/- each), subject to approval of the members at the l6th Annual General Meeting to be held on June 12, 2009.

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Bharti Airtel dividend Bharti Airtel Ltd has announced final dividend of Rs 2 per equity share of Rs 10 each i.e. 20% for financial year 08-09. This is the first time Bharti Airtel has announced any dividend. Also it’s share will be split into two shares of Rs5 paid up on future book closure date.

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Eveready Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 27, 2009, inter alia, to consider the Audited Financial Results and the recommendation of a Dividend, if any, for the year ended March 31, 2009.

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Solvay Pharma – Final Dividend Solvay Pharma India Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from April 20, 2009 to April 29, 2009 (both days inclusive) for the purpose of payment of final dividend.

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