12.50% Dividend: Small Cap Stock Under Rs 100 Declares 1st Interim Dividend, Sets Record Date

Small Cap Logistic company, Gateway Distriparks Ltd. today, Aug 02, informed the exchange that the Board of Directors of the company declared its 1st interim dividend of Rs 1.25/share of face value Rs 10 each i.e. 12.50% for the financial year 2023-24. The Board also fixed the record date for the said dividend on Monday, Aug 14, 2023. The dividend shall be paid to the shareholders within 30 days from the date of declaration.

12.50% Interim Dividend

"The Board of Directors has declared First Interim Dividend of Rs.1.25 (@12.50%) per equity share of face value Rs.10/- each for the Financial Year 2023-24. Further, the Board of Directors has fixed Monday, 14th August, 2023 as the "Record Date" to determine the eligibility of the shareholders to receive the aforesaid first Interim Dividend. The First Interim Dividend for the Financial Year 2023-24 shall be paid to the shareholders within 30 days from the date of declaration," the Board of Directors of the company has said.

Stock Movement

The stock today falls 2.69%, ended at Rs 75.90 per share on NSE. The stock hits its 52-week high on July 31, 2023, at Rs 80.40 per share and its 52-week low on Feb 27, 2023, at Rs 58.55 per share. It has fallen 3.07% in the last 1 week. It gained 5.12% in 1 month and 20% in 3 months, respectively. It gained 5.49% in the last 1 year. The market cap of the stock is Rs 3,792.30 Crore.

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