1000% Dividend: Small Cap Company To Pay Rs 20/- Per Ordinary Share Dividend In Dec

Small cap company operating in petrochemical sector Tide Water Oil (India) Ltd on Saturday (November 11, 2023) declared first interim dividend of 1000% (Rs 20/- per ordinary share of face value of Rs 2/- each for the FY 2023-24.

Last trading price of Tide Water Oil share on BSE is Rs 1183.75 per share with intraday gain of 1.55%. Tide Water Oil shares offered return of 37% in last 1-year and the company has a market capitalisation of Rs 2062.57 crore. Check details below:

Tide Water Oil Declares 1st Interim Dividend: According to the BSE filing of the company issued today, "declared First Interim Dividend of 1000% (Rs. 20/- per ordinary share of face value of Rs. 2/- each) for the financial year 2023-24."
Tide Water Oil Sets Record Date For Interim Dividend: The company determined Tuesday, 21st November, 2023, as the record date for the purpose of the aforesaid First Interim Dividend distribution. Dividend shall be paid within 30 days from the date of declaration (i.e. within Tuesday, 10'® December, 2023).
Tide Water Stock Performance & Return: Last trading price of Tide Water Oil share on November 10, 2023 is Rs 1183.75 per share. Its 52-week high price is Rs 1320.00 per share and 52-week low price is Rs 809.75 per share, respectively. Tide Water Oil shares surged 15.31% in last 1-year, fell 32% in last 2-years, soared 4% in last 5-years, and jumped 239% in last 10-years.
About: Tide Water Oil Co. (India) Ltd., owner of brand Veedol, is a leading manufacturer and marketer of quality lubricants. It has been catering to both the automotive and industrial segments since 1928.
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