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Birla MIP Announces Dividend


Birla MIP has announced a monthly dividend of 0.91 per cent (Rs 0.091 per unit) under the monthly dividend plan and 1 per cent (Rs 0.1 per unit) in its monthly payment plan. The record date for both the plans has been set as January 25, 2002. For both the plans, the book closure period will be from January 26 to January 31, 2002. In the current financial year, the fund has paid an aggregate dividend of 6.97 per cent in ten consecutive monthly payments under the monthly dividend plan (excluding the current declaration).