Dividend Stocks: Two companies including government company announced dividend, know record date – Dividend Stocks: Two companies including government company announced dividend, know record date

by Ana Lopez

Dividend stocks: The company said in the information provided to the stock exchange, “The 274th meeting of the Board of Directors held on February 7, 2023 has approved the payment of interim dividend for this financial year. The company will offer its eligible investors Rs. Decided to pay a dividend of 8.15. The record date for this dividend is fixed on February 20, 2023.

Dividend Stocks: Stock marketPositional investors also benefit from dividends, bonuses, stock splits etc. Small Cap Company There is good news for the shareholders of KCD Industries India Limited and Bharat Dynamic Limited. The board of the company has approved the stock split. After which now the shares of the company will be divided. Let us tell you that KCD Industries India Limited has seen a huge surge in shares during the last 6 months. On the other hand, the investors of Bharat Dynamic Limited have seen a jump of 89 percent in that year. The stock has doubled the investors’ money in 5 years.

What is the record date of KCD Industries?

KCD Industries India Limited informed the board that “Board of Directors meeting of the company has approved to split 1 share into 5 parts. After which the face value of one share of the company will decrease from 5 rupees to 1 rupee. The company has set a record date of February 17, 2023 for the stock split.

The company has given tremendous returns in the stock market

The company’s shares have seen a decline of 10.21 percent so far this year. However, six months ago, an investor who had bet on the company would have seen a return of 81.65 percent. The company’s stock has seen an increase of up to 105 percent in the last one year. In BSE, the company has a 52-week high of Rs 110.75 and a 52-week low of Rs 36.90. At the same time the market cap of the company is Rs 17.42 crore.

Record date of Bharat Dynamic Limited

“The 274th meeting of the Board of Directors held on February 7, 2023 has approved the payment of interim dividend for this financial year,” the company said in a filing to the stock exchange. The company will offer its eligible investors Rs. Decided to pay a dividend of 8.15. The record date for this dividend is fixed on February 20, 2023.

The net profit of the company in the third quarter has been Rs 83.74 crore. Which has decreased by 60.73 percent annually. The net profit of the company in this quarter of last financial year is Rs 213.26 crore. The income of the company has also decreased. In the December quarter, Bharat Dynamics’ revenue stood at Rs. 461.55 crores. At the same time, the company’s expenses rose to Rs 392.09 crore during the period.

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