After 1:10 Bonus Issue, Small Cap Chemical Stock Sets Record Date For Dividend

Small cap stock operating in chemicals sector, Ddev Plastiks on August 24 fixed September 18, 2023 as the record date for dividend. Earlier, Ddev Plastiks recommended 1:10 bonus issue and fixed June 30, 2023 as the record date. Ddev Plastiks shares rallied 415% in last 1-year. Check details below:

Ddev Plastiks Sets Record Date For Dividend: According to the BSE filing of Ddev Plastiks dated August 24, 2023, "The Register of members and share transfer books will be closed from 19.09.2023 till 25.09.2023 (both days inclusive) for AGM to be held on 25.09.2023. The record date/cut-off date for determining the entitlement for Voting and dividend is 18.09.2023."

Ddev Plastiks Dividend History: Ddev Plastiks Industries declared 1 dividend since September 21, 2022. In the past 12 months, the company announced an equity dividend amounting to Rs 0.24 per share. If the current share price of the stock is taken into consideration, it offers a dividend yield of 0.11%, according to Trendlyne date.

Ddev Plastiks Stock Performance & Return: Current market price of Ddev Plastiks share is Rs 219.10 apiece with intraday gain of 0.78%. Its 52-week high price is Rs 244.00 apiece and 52-week low price is Rs 41.13 apiece, respectively. It has a market capitalisation of Rs 2267.17 crore. In last 3-months, Ddev Plastiks shares soared 75%, gained 166% in last 6-months, soared 192% YTD, and offered a return of 415% in last 1-year.

Ddev Plastiks Bonus Issue: The company on June 19, 2023 approved allotment of bonus issue in the ratio of 1:10, implying that shareholders will get 1 bonus share for every 10 shares held as on the record date. The company fixed June 30, 2023 as the record date for bonus share.

About: Ddev Plastiks Industries Limited is engaged in the business of manufacturing polymer compounds in India. It manufactures plastic compounds for industrial use. The company's product portfolio includes PVC compounds, PE compounds, filler compounds, masterbatches, footwear compounds, peroxide compounds, pipe compounds, and engineering compounds for white goods, automobiles, and electronic appliances, among others. It came into existence in 2020 and headquartered in Kolkata.

Disclaimer: The stock just highlights the dividend, bonus issue 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 ay losses. Please consult a professional advisor.