2 Small Cap Metal Stocks Declare Dividend, Stocks Gave Returns Up To 4600% In 3 Years

Board of directors of two small cap stocks operating in Metals & Ferrous sector declared dividends on Thursday. These two stocks are Lloyds Steels Industries and Vardhman Special Steels Ltd. These two stocks gave robust returns of over 4900% in last 3 years. Check details below:

Lloyds Steels Industries Declares Dividend: As per the BSE filing of the company, "Recommended dividend of Rs.0.10 paise (i.e.,10%) per equity share of face value of Re. 1 each for the financial year ended March 31, 2023, Subject to the approval of the shareholders at the ensuing 29th Annual General Meeting, The Dividend shall be paid/ dispatched within 30 days from the date of shareholders' approval in ensuing AGM."

Lloyds Steels Industries Stock Performance & Return: Last trading price of Lloyds Steels is Rs 20.30 per share with intraday fall of 5.97% on BSE. The company has a market capitalisation of Rs 2,007.06 crore. Lloyds Steels gave return of 4620% in last 3-years, 1461% return in last 2-years, and 33% return in last 1-year.

Vardhman Special Steels Announces Dividend: According to the regulatory filing of the company, "The Board of Directors has recommended a dividend of Rs. 2/- per share on fully paid up equity shares of the Company. The payment of dividend is subject to approval by the Members of the Company and shall be paid/ dispatched tentatively within five days of the conclusion of the Annual General Meeting."

Vardhman Special Steels Stock Performance & Return: Last trading price of Vardhman Special Steels is Rs 367.25 per share with intraday fall of 3.96% on BSE. The company has a market capitalisation of Rs 1492.04 crore. The stock gave 40% return in last 6-months, 42% return in last 1-year, 102% return in last 2-years, and 757% return in last 3-years.

Disclaimer: The stocks declared dividend on April 27, 2023. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.