Rs 17.5/Share Dividend Recommended Post Mkt Hours: Small Cap Stock Gains 105% In 1-Yr

Small cap company operating in Irrigation & Allied Services sector, KSB Ltd shares today declined 1.50% on BSE to settle at Rs 3927.60 apiece. The Board of Directors of KSB today recommended final dividend of Rs 17.5 per equity shares (of the face value of Rs 10 each) for the financial year ended December 31, 2023. KSB Ltd shares offered return of 45% in last 6-months and 105% in last 1-year. Check details below:

KSB Ltd Recommends Final Dividend: As per the regulatory filing of the company dated Feb 28, 2024, "The recommendation of payment of Final Dividend of INR 17.5 (175%) per equity share on 3,48,07,844 equity shares (Face Value INR 10 each fully paid up) for the financial year ended on 31st December, 2023 and the same shall be payable subject to approval of the shareholders at the ensuing Annual General Meeting of the Company."

KSB Ltd Dividend History: KSB announced 37 dividends since December 12, 2000. In the last 12 months, KSB announced an equity dividend amounting to Rs 15.00 per share. At the current share price of ₹3927.60, KSB's dividend yield is 0.38%, according to Trendlyne.

KSB Shares Performance & Return: The 52-week high price of KSB Ltd shares on BSE 4211.20 apiece and 52-week low price is Rs 1856.05 apiece, respectively. KSB has a market capitalisation of Rs 13,671.13 crore. KSB shares offered return of 14% in last 1-month, zoomed 259% in last 2-years, and offered return of 441% in last 3-years. In last 5-years, the scrip gained 502% and surged 1456% in last 10-years.

KSB About: KSB Limited founded in the year 1960, is headquartered in Pune in the state of Maharashtra. To cater to the needs of the new and emerging India, KSB India has invested in world class facilities and technologies where we produce centrifugal pumps and industrial valves and distribute across the Indian sub-continent. KSB in India has a very strong Marketing, Sales and Service setup to offer solutions to our customers effectively, according to its official website.

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