Mid Cap Chemicals Stock To Trade Ex-Dividend Tomorrow For 350% Dividend

Mid cap stock operating in chemicals sector, Navin Fluorine International will trade ex-dividend on July 7, 2023 for final dividend of Rs 7/- per equity share of face value of Rs 2/- each for financial year 2022-23. Navin Fluorine International shares gained 19% in last 6-months and delivered 22% return in last 1-year. Check details below:

Navin Fluorine International To Go Ex-Dividend Tomorrow: As per the BSE filing of Navin Fluorine International dated May 13, 2023, "The Board of Directors, at its Meeting held today, has recommended a final dividend of Rs 7/- (INR Seven only) per equity share for FY 2022-2023 and has fixed Friday, July 07, 2023 as Record Date pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for ascertaining eligibility of Members for the payment of aforesaid final dividend, if declared at the forthcoming 25th Annual General Meeting by the Members of the Company."

Navin Fluorine International Stock Performance & Return: Current market price of Navin Fluorine International share is Rs 4607.90 per share with intraday fall of 0.17%. Its 52-week high price is Rs 4922.00 per share and 52-week low price is Rs 3670.00 per share, respectively. The company's market capitalisation is Rs 22,844.29 crore. Navin Fluorine International shares offered 8% return in last 3-months, 12% return YTD, 22% return in last 2-years, and 168% return in last 3-years. The stock offered maximum 620% return in last 5-years.

Navin Fluorine International Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 701.10 crore, up 22.25% from preceding quarter total income of Rs 573.50 crore. The company declared its latest quarterly net profit after tax at Rs 136.37 crore.

Navin Fluorine International About: Navin Fluorine International Ltd (NFIL) has four main strategic business units namely, Refrigeration Gases, Inorganic Fluorides, Speciality Fluorides, And Contract Research And Manufacturing Services (CRAMS). Navin Flourine International manufactures and sells fluorochemicals. It is engaged in the production of hydrofluoric acid and other fluorine chemicals; and synthetic cryolite and fluorocarbon gases.

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