Dividend: Mid Cap Real Estate Stock Sets Record Date, Stock Jumps 28% In 3-Months

Mid cap real estate stock Sunteck Realty Ltd on Saturday declared September 20 as the record date for dividend, if approved at its 40th AGM. The company will hold its 40th AGM on September 27. Sunteck Realty shares witnessed a rally of 28% and gained 19% in last 6-months. Check details below:

Sunteck Realty Sets Record Date For Dividend: According to the BSE filing of Sunteck Realty, "The Company has fixed Wednesday, 20th September, 2023 as Record date for determining the entitlement of members to receive the dividend for the financial year ended March 31, 2023, if approved by the Members at the 40th AGM. The payment of dividend will be subject to deduction of tax at source."

Sunteck Realty Stock Performance & Return: Last trading price of Sunteck Realty share is Rs 363.30 apiece with intraday gain of 0.82%. Its 52-week high price is Rs 483.00 apiece and 52-week low price is Rs 271.25 apiece, respectively. Its market capitalisation is Rs 5,321.57 crore. Sunteck Realty stock gained 7% in last 6-months, fell 22% in last 1-year, again declined 4% in last 2-years, and gained 34% in last 3-years.

Sunteck Realty Dividend History: The company has declared 15 dividends since 2010. In last 12 months, it announced an equity dividend of Rs 1.50 per share. It offers a dividend yield of 0.41%.

Sunteck Realty Financials: The company for the quarter ended June 30, 2023 announced its consolidated total income at Rs 88.42 crore, up 55.39% as against its last quarter total income of Rs 56.90 crore. It declared its recent quarter net profit after tax at Rs -6.01 crore.

Sunteck Realty About: Sunteck Realty Limited (SRL) is one of the leading Luxury real-estate developers. It was founded in the year 2000 and currently has a portfolio of about 52.5 million square feet spread across 32 projects. Sunteck Realty has differentiated its projects under six brand portfolios - Uber luxury residences, Ultra luxury residences, Premium luxury residences, Marquee Luxury Destination, Aspirational luxury residences, and Commercial & Retail development, according to its official website.

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