4 Midcap Stocks That Recommended, Declared Rs 10-25/Share Dividend, Gave Robust Returns In Past 5 Yrs

Here we have listed 4 midcap stocks that have declared, recommended Dividends of between Rs 10-25/share for the Financial Year 2022-23. These stocks are Schaeffler India, CRISIL, Galaxy Surfactants, and Cummins India. Check below to know more:

Schaeffler India - Interim Dividend of Rs 24/share

Schaeffler India Ltd recommended an Interim Dividend of Rs 24/share. According to the regulatory filing to BSE on 16th February 2023, "Recommended a Dividend of Rs. 24/- per Equity Share of face value of Rs.2/- each. The Dividend for the year ended December 31, 2022 if declared by the Shareholders at the ensuing Annual General Meeting (AGM) shall be paid within 30 days from the date of AGM."

 

Schaeffler India - Stock Performance & Returns

The stock last traded at Rs 2,943/share, up 3.99% from the previous close. Its 52 week low is Rs 1,598/share and its 52-week high is Rs 3,969.85/share, respectively. Schaeffler India is a midcap Industrial Consumables sector stock having a market capitalisation of Rs 46,000.17 crore.

The stock gained 7.43% in 1 week, and 8.98% in 1 month, respectively. In 1 year, it gave 64.76% positive return. In the past 3 and 5 years, it gave 230.07% and 172.85% positive returns.

 

CRISIL - Recommended Final Dividend of Rs 23/share

In its exchange filing to BSE by the CRISIL, "The Board of Directors has also recommended final dividend of Rs. 23, per equity share of face value of Re 1 each, for the financial year ended December 31, 2022, subject to the approval of the shareholders at the ensuing Annual General Meeting."

 

CRISIL - Stock Outlook & Returns

The stock last traded at Rs 3,140.90 apiece. Its 52 week high is Rs 3,863.55/share apiece and 52-week low is Rs 2,540/share, respectively. CRISIL is a financial services sector midcap stock having a market capitalisation of Rs 22,948.69 crore.

The stock gained 4.42% in 1 month, and 6.39% in 3 months, respectively. It gained 10.43% in 1 year, and 98.51% in 3 years, respectively. It has given 56.92% in 5 years.

Galaxy Surfactants - Declared Interim Dividend of Rs 18/share

According to a regulatory filing by the company on February 11, 2023, "Declared an interim dividend of Rs.18 /- per equity share of face value of Rs. 10/- each. As informed earlier the record date for the payment of interim dividend will be Monday, February 20, 2023."

 

Galaxy Surfactants - Stock Outlook & Returns

The stock last traded at Rs 2,403.05/share. Its 52 week low is Rs 2,302/share and 52 week high is Rs 3,445/share, respectively. Galaxy Surfactants Ltd is a Chemicals sector midcap stock having a market capitalisation of Rs 8.519.95 crore.

The stock gained 3.76% in 1 week, however, it declined 16.92% in 3 months. In 1 year it declined 17.94%. In 3 and 5 years it gained 50.82% and 48.02%, respectively.

 

Declared Interim Dividend of Rs 12/share

The Board of Directors of Cummins In its regulatory filing on February 8, 2023, said, "In terms of Regulation 30 read with Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform the exchange that the Board of Directors at their meeting held on February 08, 2023 have declared an Interim Dividend of Rs. 12/- per equity shares on 277,200,000 equity shares (Face Value Rs. 2/- each) for the Financial Year 2022-23. The Dividend warrants for the said interim dividend will be dispatched by March 06, 2023 and the dividend will be paid on March 08, 2023."

Further, the company fixed February 21, 2023, as the "Record Date" for the above-mentioned interim dividend for the FY 2022-23.

 

Cummins India - Stock Outlook & Returns

The stock last traded at Rs 1,618.70/share. Its 52 week high is Rs 1,664.90/share and 52 week low is Rs 910/share, respectively. Cummins India Ltd is an engineering sector midcap stock having a market capitalisation of Rs 44,870.36 crore.

The stock gave 9.14% positive return in 1 month, and 17.23% in 3 months, respectively. In 1 year it gave 64.3%. In 3 years it gave the highest 201.57% and in 5 years it gave 90.46%.

 

Disclaimer

The above-mentioned information is purely informational. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.