9th February 2011, the Diesel & Motor Engineering PLC [DIMO] announced their second interim dividend to Colombo Stock Exchange.
The interim dividend of Rs.5 per share; the dividend is for the financial year of 2010/2011. This dividend announcement not required for shareholder approvals. The dividend payment will be 03rd March, 2011.
The first interim dividend of Rs.5.00 per share; announcement made in 12th November 2010, for the year ended of 2010/2011.
Dimo is a well-established automotive listed company in Srilanka and Dimo is an importer of most of the diversified vehicles such as TATA, Mercedes Bens and so on…
Dimo established in 1945 and quoted in Colombo Stock exchange in 1964.Dimo is in the business of automotive engineers, General Merchants, Importers & Manufacturers.
Share Price and Dividend
The dimo announced altogether an Rs.10 as an interim dividend for the current year 2010/2011. It’s really a good share for investors to invest and enjoy the capital gains.
The share is traded in cse at Rs.1650.00 to Rs.1750.00 range today 10th march, 2011.