IT-Hardware Stock Recommends 50% Final Dividend, Hits 52 Week High, In 3 Yrs Jumps 197.21%

Control Print Ltd. in their Board meeting held on Tuesday, May 02, 2023, recommended a final dividend of Rs 5 per equity share i.e. 50% for the financial year ended March 31st 2023.

The recommended final dividend is subject to the approval of shareholders of the company at the Annual General Meeting (AGM).

The company in the filing also declared and paid an interim dividend of Rs 4/share for the financial year 2022-23.

Recommends Final Dividend Of Rs 5/Share

The company in an exchange has said, "Recommended a final dividend of Rs. 5.00/- per equity shares (50% of face value of Rs. 10.00 each) for the financial year ended March 31, 2023, subject to approval of Members at the ensuing Annual General Meeting of the Company (AGM). In addition to the final dividend, the Company had declared and paid interim dividend of Rs. 4.00/- per share, i.e total dividend would be Rs. 9.00/- per share for the financial year 2022-23. The dividend, if approved by the Members will be paid after July 31, 2023."

Current Market Price, 52 Week High/Low, & Returns

On Tuesday, the shares of Control Print closed 0.58% high at Rs. 580.60 apiece on NSE. The stock hit the new 52 week high at Rs. 589 apiece, while its 52 week low hit on 22 December 2022 at Rs. 375 apiece.

The stock surged 1.6% in the past 1 week, and 11.46% in the past 1 month, respectively. It gained 30.41% in 3 months and 33.38% in 6 months, respectively. It has given a strong positive return of 97.21% in 3 years. In 5 years it has given 29.02% positive return.

About - Control Print Ltd.

Control Print is an IT-Hardware sector company involved in the development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. The company's manufacturing facility for printers and consumables are located at Nalagarh (Himachal Pradesh) and Guwahati (Assam) respectively. It is a small-cap company with a market capitalisation of Rs. 941.77 crore.

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