Rs 5/Share Dividend: Small Cap Multibagger Paper Stock To Pay Dividend Next Month

Small cap stock operating in paper sector, Linc Ltd on July 28 fixed record date for dividend of Rs 5.00 per share for the financial year 2022-23. The record date for dividend payment is August 21, 2023. Linc Ltd shares delivered shareholders return of 168% return in last 1-year. Check details below:

Linc Ltd Sets Record Date For Dividend: As per the BSE filing of Linc Ltd share, "Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we would like to inform you that the Share Transfer Books and Register of Members of the Company will remain closed from 22nd August to 28th August, 2023 (both days inclusive) in connection with the holding of the 29th Annual General Meeting of the Company to be held on 28th August, 2023 and payment of dividend, which is recommended @ Rs. 5.00 per share for the year 2022-23."

Further, please note that the said dividend, if declared, will be paid to those members whose names are in Company's Register of Members, and to those beneficial owners as provided by the Depositories, as at the close of business on Monday, 21st August, 2023, added the regulatory filing.

Linc Dividend History: The company announced 21 dividends since August 1, 2001. It offers a dividend yield of 0.26% if current share price of Rs 682.00 is taken into perspective, according to Trendlyne.

Linc Stock Performance & Return: Current market price of Linc share is Rs 682.00 per share. Its 52-week high price is quoted at Rs 810.00 per share and 52-week low price is Rs 245.00 per share, respectively. It has a market capitalisation of Rs 1014.29 crore. Linc shares offered its shareholders return of 64% YTD, surged 168% in last 1-year, soared 243% in last 2-years, and gave return of 320% in last 2-year.

Linc Financial Outlook: The company for the quarter ended March 31, 2023 declared its standalone total income at Rs 138.20 crore, up 10.61% as against its last quarter total income of Rs 124.95 crore. It announced its recent quarter net profit after tax at Rs 12.33 crore.

Linc About: Linc Limited (Formally known as Linc Pen & Plastics Limited) is one of India's most trusted writing instrument manufacturers with a national and international presence in over 50 countries. It has an extensive network in South East Asia, Middle East, USA, UK, Europe, South America, Africa, Russia and CIS countries. The organisation constantly endeavours to bring out new and innovative products and packaging and has an extensive and diverse range of products catering an assortment of ball pens in India, gel pens,roller pens ,retractable ball pens,dark pencils and other stationery, according to its official website.

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