IT Stock Dividend: Small Cap Multibagger IT Stock Sets Record Date For Dividend

Small cap IT Software sector stock, Zen Technologies Ltd rallied 0.54% on BSE today. Board of directors of Zen Technologies fixed September 8, 2023 as the record date for dividend. Current market price of Zen Technologies share is Rs 814.00 apiece on BSE. Check details below:

Zen Technologies Sets Record Date For Dividend: According to the exchange filing of Zen Technologies dated August 24, 2023, "In this connection, it is hereby informed that, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, September 08, 2023, as the Record Date for the purpose of determining the entitlement of the shareholders for the final dividend. The dividend, if approved by the shareholders at the ensuing AGM (to be held on September 16, 2023), will be paid/ dispatched within 30 days from the date of approval by the shareholders."

Zen Technologies Dividend History: Zen Technologies announced 17 dividends since Sept. 26, 2006. For the year ending March 2023, the company announced an equity dividend of 20.00% amounting to Rs 0.2 per share. If the current share price of Rs 814.00, it offers a dividend yield of 0.02%.

Zen Technologies Stock Performance & Return Over Years: Current market price of Zen Technologies stock is Rs 814.00 apiece. Its 52-week high price is Rs 912.55 apiece and 52-week low price is Rs 175.50 apiece, respectively. It has a market capitalisation of Rs 6866.42 crore. Zen Technologies shares delivered nearly 133% return in last 3-months, offered 206% return in last 6-months, 335% return YTD, 309% return in last 1-year, and 859% return in last 2-years. In last 10-years, Zen Technologies stock recorded an impressive rally of 12868.25.

Zen Technologies Financial Outlook: The small cap company for the quarter ended June 30, 2023 witnessed a jump of 40% in its consolidated total income to Rs 135.13 crore as compared to its last quarter total income of Rs 95.86 crore. The company announced its net profit after tax in the recent quarter at Rs 48.44 crore.

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