10% Dividend: Small Cap Stock Under Rs 50 Declares 1st Interim Dividend, To Go Ex-Dividend Next Week

Small-cap Logistics company, Snowman Logistics Ltd. today declared its first Interim Dividend of Rs 1 per share of face value of Rs 10 each i.e. 10% for the financial year 2023-24. Earlier, on July 21, the company's Board fixed the record date for the said dividend as Friday, August 11, 2023. The market cap of the company is Rs 834.94 Crore.

1st Interim Dividend & Record Date

According to the regulatory filing by the Board of Directors of Snowman Logistics Ltd., "Payment of first Interim Dividend of Rs 1:00/- per equity share of the face value of Rs 10 each (10%) for the Financial Year 2023-24 to the shareholders. The said Interim Dividend will be paid to the shareholders within 30 days from the date of declaration.

"The record date for the purpose of determining the entitlement of the members for the interim dividend, if declared, will be Friday, August 11, 2023," the Board said in an exchange filing on July 21, 2023.

Stock's last traded share price, 52-week high/low, performance

The last traded share price of Snowman Logistics on BSE is Rs 49.97 with intraday high and low of Rs 51.20 and 49.50, respectively. Its 52-week-high is Rs 52.44 and its 52-week-low is Rs 30.25.

The stock jumped 1.13% in 1 week, while in 1 month, it gained 8.99%. It gained 38.81% in 3 months and 42.57% in 6 months, respectively. It has delivered 50.29% positive return in 1 year, while in 2 years, it declined 1.05%. It delivered 69.68% positive return in 3 years and 7.69% in 5 years, respectively.

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