Dividend Stock To Buy: Small Cap Packaging Stock To Pay Rs 55 Per Share Dividend, Check Record Date

Polyplex Corporation Ltd is a small cap company. It operates in Packaging sector and has a market capitalisation of Rs 5,521 crore. The board of directors of the company declared interim/special dividend for the financial year 2022-23 and fixed November 25, 2022 as the record date. The stock has a dividend yield of 5.92%. Check key takeaways below:

Polyplex Corporation Ltd To Pay Interim/Special Dividend Soon

The board of directors of the company stated in the BSE filing, "Declaration and payment of Interim/Special Dividend for the Financial Year 2022-23 @ Rs. 55/- per share (including special dividend @ Rs. 35/- per share) of the face value of Rs. 10/- each, subject to TDS/Withholding Tax. 'Record date' for the purpose of payment of aforesaid Dividend has been fixed as November 25, 2022 and is proposed to be paid within the time prescribed under law."

The record date for Rs 55 per share dividend is November 25. If you want to become eligible to receive interim dividend, you need to buy Polyplex Corporation Ltd before the record date.

2. Polyplex Corporation Ltd Stock Outlook

The current market price of the stock is Rs 1758 apiece with 52-week high at Rs 2870 apiece and 52-week low at Rs 1651 apiece, respectively.

3. Polyplex Corporation Ltd Return

The stock has given a return of 224% in the last 5-years, 253% in last 3-years, and 3% in last 1-year.

4. Polyplex Corporation Ltd About

The company came into existence in 1984. The key product line of Polyplex continues to be its Sarafil range of BOPET, BOPP, Blown and CPP films which is the mainstream business of Polyplex. With manufacturing plants across six different locations; Polyplex is among the top five global producers and plastic film manufacturers of thin PET films.

Disclaimer

The stock provides details related to interim/special dividend and record date. 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.