Mid Cap IT Stock Declares Rs 16/Share Dividend, Shares Hit New 52-Week High

Board of Directors of mid cap stock, Cyient Limited on Thursday declared Rs 16 per share final dividend for the financial year 2022-23. The stock traded its new 52-week high on BSE today. It gave return of 43% in last 6-months and 364% return in last 3-years. Check details below:

Cyient Limited Declares Final Dividend: According to the regulatory filing of the company, "This is to inform that the Board of Directors of the Company have recommended Final Dividend of INR 16/- per equity share (i.e 320 %) on par value of Rs. 5 per share, for the finanacial year 2022-23." The company is yet to intimate the record date for the aforementioned dividend.

Cyient Limited Stock Performance & Return: Last trading price of Cyient Limited is Rs 1091.45 apiece with intraday jump of 2.02%. The stock's 52-week high price is Rs 1119.20 per share and 52-week low price is Rs 724.00 per share, respectively. The stock rallied 24% in last 3-months, gave return of 35% in last 1-year, 59% return in last 2-years, and 364% return in last 3-years.

Cyient Limited About: Cyient is a consulting-led, industry-centric, global Technology Solutions company. It delivers its services and solutions to a diversified base of over 300 customers, including 29 Fortune 500 companies, across multiple industries. It leverages the experience of 15,000+ associates in 19 countries, combines global delivery with local relationships, invests in the power of ideas, and exploits digital innovation, according to its official website.

Disclaimer: The mid cap company declared final dividend today. 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.