Rs 26/Share Dividend In Last 1-Yr: Plastic Sector Co To Consider Dividend On Oct 30

Mid cap company operating in plastics sector Supreme Industries Ltd informed in its regulatory filing today that its board of directors will hold a meeting on October 30, 2023 to consider financial results and interim dividend. Supreme Industries shares jumped 3.16% to 4475.65 per share at 1:47 pm today. Supreme Industries shares offered multibagger returns to investors in last couple of years. Supreme Industries shares gained 86% YTD and soared 125% in last 1-year. Check details below:

Supreme Industries To Declare Financial Results, Interim Dividend On Oct 30: According to the BSE filing of the company dated October 17, "This is to inform you that a meeting of the Board of Directors of the Company shall be held on Monday, the 30th October, 2023 at 11.00 a.m. to transact the business as per Agenda thereof, which includes the following:

1) Consideration of the Unaudited Financial Results (Provisional) of the Company for the Second Quarter/ Half Year ended 30th September, 2023.

2) Declaration of Interim Dividend on Equity Shares, if any."

Supreme Industries Dividend History: Supreme Industries Ltd announced 41 dividends since Sept. 20, 2000. In the last 12 months, Supreme Industries declared an equity dividend amounting to Rs 26.00 per share. At the current share price of Rs 4475.65, it offers a dividend yield of 0.58%, according to Trendlyne.

Supreme Industries Stock Outlook & Return: Current market price of Supreme Industries share on BSE is Rs 4475.65 per share. Its 52-week high price is Rs 4705.25 per share and 52-week low price is Rs 1905.75 per share, respectively. The company's market capitalisation is Rs 56,852.78 crore. Supreme Industries shares gained 33% in last 3-months, jumped 68% in last 6-months, soared 73% in last 2-years, and offered return of 353% in last 5-years. In last 3-years, Supreme Industries stock soared 216%. Supreme Industries shares offered a rally of 1062% in last 10-years.

Supreme Industries Financials: The company for the quarter ended June 2023 announced its net sales at Rs 2,368.54 crore, up 7.37% as against Rs 2205.98 crore in June 2022. The company's quarterly net profit announced at Rs 194.36 crore in June 2023, up 24.8% as compared to Rs 155.74 crore in June 2022. Its EBITDA stood at Rs 335.93 crore in June 2023, up 22.89% as against Rs 273.35 crore in June 2022.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.