427% Return In 3-Yrs: Kirloskar Group Stock Decides Record Date For Dividend

Small cap company operating in Irrigation & Allied Services sector, Kirloskar Brothers set July 25, 2023 as the record date for dividend of Rs 4.50 per share for the financial year 2022-23. Kirloskar Brothers shares have been offering attractive returns to investors over the years. In last 3-years, Kirloskar Brothers shares delivered 427% return when Sensex gave 85% return. Check details below:

Kirloskar Brothers Chooses Record Date For Dividend: As per the BSE filing of the company, "The record date for determining the entitlement for receiving Dividend of Rs. 4.50/- (@ 225%) per equity share having face value of Rs. 2/- each as recommended by the Board for the Financial Year 2022-23, is Tuesday, July 25, 2023."
The said Dividend, if declared by the shareholders at the 103rd AGM, shall be paid on or before August 30, 2023, subject to deduction of tax at source as applicable.

Kirloskar Brothers Stock Outlook & Return In last Few Years: Last trading price of Kirloskar Brothers on BSE is quoted at Rs 610.30 per share with intraday gain of 2.38%. Its 52-week high price is Rs 617.35 per share and 52-week low price is Rs 286.85 per share, respectively. It has a market capitalisation of Rs 4,846.33 crore. Kirloskar Brothers offered an attractive return of 93% YTD (year-to-date), 87% return in last 6-months, 98% return in last 1-year, 46% upside in last 2-years, and 427% return in last 3-year.

Kirloskar Brothers About: Established in 1888 and incorporated in 1920, Kirloskar Brothers Limited (KBL) is the flagship company of the $ 2.1 billion Kirloskar group. The core businesses of KBL are large infrastructure projects (Water Supply, Power Plants, and Irrigation), Project and Engineered Pumps, Industrial Pumps, Agriculture and Domestic Pumps, Valves, Motors and Hydro turbines, according to its official website.

Disclaimer: The Kirloskar Group Stock has fixed record date for dividend. 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.