Rs 3/Share Dividend: Midcap Lubricant Stock Declares Interim Dividend, Trading Near 52-Week High

Castrol India Ltd. has declared an Interim Dividend of Rs 3/- per equity share of Rs 5/- each for the financial year ending Dec 31, 2023. The record date for the declared interim dividend is Tuesday, Aug 08, 2023. The dividend will be paid to shareholders on or before Wednesday, Aug 30, 2023.

Interim Dividend

According to a regulatory filing by the Board of Directors of Castrol India Ltd., "declared an Interim Dividend of INR 3/- per equity share of INR 5/- each for the financial year ending 31 December 2023. As intimated vide our letter dated 3 July 2023, the record date for reckoning the list of shareholders who shall be entitled to receive the said interim dividend shall be Tuesday, 8 August 2023. The Interim Dividend will be paid to such shareholders on or before Wednesday, 30 August 2023."

Stock Movement

The stock today opened at Rs 147.50 apiece, currently trading at Rs 144.75 apiece with an intraday high of Rs 152.15 and intraday low of Rs 143.80. It hits 52-week-high at Rs 152.15 apiece and 52-week-low at Rs 107.70 apiece, respectively.

The stock gained 7.12% in 1 week, while in 1 month, it gained 19.62%. In 3 and 6 months, it gained 20.57% and 22.61%, respectively. In 1 year, it gained 27.20% and in 3 years, it gained 27.26%. In 5 years, it has fallen 16.76%.

About - Castrol India Ltd.

Castrol India is an automotive and industrial lubricant manufacturing company. It is India's 2nd largest manufacturer of lubricants. It is a part of Castrol Limited UK. Castrol India is a midcap company with a market cap of Rs 14,312.60 Crore.

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.