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Birla MIP pays Fifth Consecutive Dividend

Birla Monthly Income Plan has declared a monthly dividend of 0.82 percent (Rs 0.082 per unit). The payout for the Plan B (monthly payment plan) stands at 0.90 percent (Rs 0.090 per unit). The record date for the same was July 25, 2001.

Birla MIP launched in November 2000 has doled out an aggregate dividend of 4.78 percent in the monthly dividend option.