100% Dividend: Small Cap Healthcare Stock Fixes Record Date For 100% Payout, Stock Jumps 1.05%

Small-cap Healthcare company Vijaya Diagnostic Centre Ltd. on Monday in an exchange filing announced the record date for the dividend for the financial year 2022-23.

The Board has fixed Wednesday, Sept 13, 2023, as the record date for Re 1 per equity share (@100%) of the face value of Re 1 each for the financial year ended March 31, 2023.

" the company has fixed Wednesday, 13th September 2023, as the record date for the purpose of determining entitlement of members to dividend for the financial year ended 31st March 2023 and also for the purposes of the AGM," the company's Board said in a exchange filing.

It added, "Dividend (if declared at the ensuing 21st AGM), will be paid to the Shareholders within the prescribed timelines as per the Act and whose names appear in the Register of Members of the Company as on Wednesday, 13th September 2023 and in respect of shares held in dematerialized form, it will be paid to Shareholders whose names are furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), as the beneficial owners as on that date."

According to an exchange filing on May 29, 2023, by the company, "Recommendation of dividend of Re. 1/- per equity share (@100% on a face value of Re. 1/- per share) for the year ended March 31, 2023, subject to approval of the Shareholders at the forthcoming Annual General Meeting ("AGM") of the Company. The dividend shall be credited / warrants thereof dispatched within specified timelines from the conclusion of the AGM. The AGM date and record date for the purpose of the payment of dividend will be announced in due course."

Meanwhile, the shares of Vijaya Diagnostic Centre on Monday closed 1.05% higher at Rs 495.75 per share on BSE. Stock surged 4.37% in 1 week, and 31.78% in 3 months, respectively. In 1 year, it gave 39.24% positive return.

The stock hit 52-week high on Dec 22, 2022, at Rs 527.45 per share and 52-week low on Aug 29, 2022, at Rs 330 per share on BSE.

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