Dividend stock: Shares of a small cap company will be trading ex-date soon for a 200 per cent dividend payment for its shareholders. With the current face value of Rs 10, this translates to a dividend of Rs 20 equity per share. Moreover, in the last six months, this small cap stock has demonstrated a healthy performance, gaining 40.46 per cent as per BSE analytics as of September 6.
So, the stock under discussion is V.S.T Tillers Tractors Ltd., which is engaged in manufacturing and trading of trading of tractors, power reapers, and more.
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“... The Dividend, if declared shall be payable to all those Members whose names appear in the Register of Members or the beneficial owners as per the records of depositories, as at the closing of business hours on September 12, 2024,” the company said in a regulatory filing.
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
2024-09-07T09:31:49Z dg43tfdfdgfd