Rs 14/Share Dividend: Small Cap Stock Fixes For Record Date Final Dividend, Stock Jumps Over 4%

Engineering sector company Mazda Ltd. has fixed Sept 07, 2023, as record date for the final dividend of Rs 14/share for Financial Year 2022-23. The dividend, if approved, will be paid on or after Oct 06, 2023. The Board also stated that the AGM of the company will be held on Friday, Sept 22, 2023.

Dividend & Record Date

According to the regulatory filing by the Board of Directors Mazda Ltd., "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the company shall remain closed from Friday, 8th September, 2023 to Friday, 15th September, 2023 (both days inclusive) and it is hereby informed that the company has fixed Thursday, 7th September, 2023 as 'Record Date' for the purpose of determining entitlement of the shareholders of the Company to receive final dividend of Rs. 14.00 per equity share of the face value of Rs 10/- each fully paidup for the financial year 2022-23."

It added, "The said Dividend, if declared by the shareholders at the ensuing Annual General Meeting to be held on Friday, 22nd September, 2023, shall be paid on or after 6th October, 2023, subject to deduction of tax at source as applicable."

Stock Outlook

Shares of Mazda last traded at Rs 944.50 per share on the BSE, up 4.36% from its previous close of Rs 905 apiece. The stock hit an intraday high of Rs 944.80 and an intraday low of Rs 889.50 on BSE.

The stock fell 0.05% in 1 week. It gained 3.39% in 1 month. In 3 months, it gained 27.23%. It has given 60.37% in 1 year, and 74.02% in 2 years, respectively. It has given 117.03% in 3 years, and 173.77% in 5 years, respectively.

Its 52-week high is Rs 1038.60 per share and its 52-week low is Rs 577 per share.

About - Mazda Ltd.

Mazda Limited is a small cap company engaged in the business of manufacturing Engineering goods like Vacuum Products, Evaporators, Pollution Control Equipment and Manufacturing of Food Products like Food colour, Various Fruit Jams & Fruit mix Powders etc. The company has a market cap of Rs 378.27 Crore.