PDS Limited Approves Rs 2.50 Interim Dividend For FY 2022-23, Details Inside

PDS Ltd is engaged in the trading of garments, investment holding, design, development, marketing, sourcing and distribution of readymade garments of all kinds and other consumer products worldwide.

Monday, November 07, 2022, the board of directors of PDS Limited has approved an interim dividend of 2.50 per share for the Financial Year 2022-23. The 18th of November 2022 has been fixed as the record date for determining shareholders' eligibility for the interim dividend.

According to the regulatory filing by the Board of Directors of the company, "Payment of Interim Dividend of Rs.2.50/- (Rupees Two and Fifty Paise only) per Equity Share of the face value of Rs.2 (Rupee Two) each for the Financial Year 2022-23. The Record date for the purpose of determining the entitlement of the shareholders for Interim Dividend has been fixed as Friday, November 18, 2022 and the same will be paid to the shareholders within 30 days from date of declaration of Interim Dividend."

The stock today declined 3.76% from its previous close, ending at the current market price of Rs 352.20 per share. The stock has given positive returns of 17.26% in a week, and 20.18% in a month, respectively. In a year, the stock gave 23.61% positive returns. In 3 and 5 years, the stock has given multibagger returns of 448.6% and 545.41%, respectively.