Date: 2013-08-01

FAG Bearings' Board Recommends 40% Dividend

FAG Bearings' Board Recommends 40% Dividend

FAG Bearings India announced that the board of directors of the company at its meeting held on Feb. 14, 2008 recommended dividend at Rs 4 a share (i.e. 40%).

The company`s earnings jumped 52.06% for the quarter ended December 2007. During the quarter, the company`s earnings increased to Rs 214.10 million, or Rs 12.89 a share, compared with Rs 140.80 million, or Rs 8.48 a share, a year ago.

The net sales for the quarter increased 29.02% to Rs 1,475.30 million compared with Rs 1,143.50 million, a year ago.

Shares of the company declined Rs 5, or 0.9%, to settle at Rs 550. The total volume of shares traded was 281 at the BSE.

Previous: Timken to Add Manganese to Generic Alloy Surcharge
Next: Timken to Webcast Investor Conference

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
BR78 bearing
BR76 bearing	76	78.6	2

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.