CIAL declares 17% dividend

Kochi: The Cochin International Airport Ltd (CIAL) has declared 17 per cent dividend for the financial year 2012-13.
Managing Director V.J. Kurian said the entire dividend warrants have been dispatched to all the shareholders. CIAL now has 17,844 shareholders and the paid up equity capital as on date is Rs 306.06 crore.
With the payout of the dividend, the company has repaid to shareholders more than the paid-up capital. The company, which declared dividend from 2003-04, has cumulatively paid out 114 per cent as dividend, Kurian said.
Read News In full 21/10/13 Business Line