30% Dividend: Textile Stock Declared 1st Interim Dividend, Turning Ex-Dividend Next Week

The Board of Premco Global Ltd. has approved 1st Interim Dividend of Rs 3/share of Rs 10 each i.e. 30% for the financial year 2023-24. the company's Board in the same meeting fixed the record date for the said dividend as on Monday, Aug 07, 2023.

Premco Global Ltd. is a textile sector small-cap company. The market cap of the company is Rs 120.63 Crore.

30% Dividend

According to the Board of Directors of Premco Global Ltd., "Payment of 1st Interim Dividend of Rs.3/-per share of Rs.10 each (30%) for the financial year 2023-2024. The 1st Interim Dividend, shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on Monday, 07th August, 2023 which is the Record date fixed for the purpose. The Interim Dividend shall be paid to shareholders on or before 01st September 2023."

Stock Movement - Current Market Price, Performance, & 52-Week High/Low

On Thursday, shares closed 0.39% higher at Rs 365 per share with intraday high and low of Rs 373.05 and Rs 365 on BSE, respectively.

The stock has fallen 3.66% in the last 1 week. It has given 8.07% in the last 3 months and 14.78% in the last 6 months, respectively. It has fallen 16.35% in the last 1 year, and 23.17% in the last 2 years, respectively. It has given the highest 461.54% multibagger return in the last 3 years. In the last 5 years, it has given 46.91% positive return.

The stock touched 52-week high on Aug 03, 2022, at Rs 492.95 per share and 52-week low on Jan 17, 2023, at Rs 300.20 per share.

Disclaimer- The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.