Rs 22/Share Dividend: Small Cap Stock Trades Ex-Dividend, Dividend Yield 7.41%

Small cap stock operating in Petrochemicals sector, Styrenix Performance Materials Ltd will trade ex-dividend today for Rs 22/share dividend today. Last trading price of Styrenix Performance share on BSE is Rs 1404.75 per share with intraday fall of 0.95 as on October 30, 2023. Styrenix Performance shares gained 77% in last 6-months and soared 166% in last 3-years. Check details below:

Styrenix Performance To Go Ex-Dividend Today: The board of directors of Styrenix in its BSE filing dated October 20 informed declaration of an Interim dividend of Rs. 22 (i.e. 220 %) per equity share of Rs. 10 each. The company fixed October 31, 2023 as the record date earlier this month on October 13, 2023.

Styrenix Performance Dividend History: Styrenix Performance Materials Ltd. has declared 26 dividends since May 10, 2001. In the past 12 months, Styrenix Performance Materials Ltd. has declared an equity dividend amounting to Rs 104.00 per share. At the current share price of Rs 1404.75, it offers a dividend yield of 7.41%, according to Trendlyne.

Styrenix Performance traded ex-dividend for Rs 80/share dividend on March 24, 2023 and again traded ex-dividend for Rs 24/share dividend on August 2, 2023.

Styrenix Performance Q2 Results: The company informed its net sales at Rs 595.00 crore for the quarter ended September 30, 2023, up 8.19% as against Rs 549.98 crore in the corresponding quarter an year ago. It declared its quarterly net profit at Rs 56.42 crore in September 2023, up 139.02% as against Rs 23.60 crore declared in September 2022. Its EBITDA stood at Rs 32.08 crore for quarter under consideration from Rs 13.42 crore declared in September 2022.

Styrenix Performance Stock Outlook & Return: Last trading price of Styrenix Performance share on BSE was Rs 1404.75 apiece. The stock's 52-week high price is Rs 1466.25 apiece and 52-week low price is Rs 692.10 apiece, respectively. Its market capitalisation is Rs 2470.34 crore. Styrenix Performance shares soared 77% in last 6-months, offered a rally of of 66% in last 1-year, declined 6.58%% in last 2-years, and gave return of 166.56% in last 3-years.

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