Rs 3/Share Dividend: Engineering Sector Company Fixes Record Date For Dividend

Mid cap engineering sector company, ISGEC Heavy Engineering Ltd on July 28 fixed August 16, 2023 as the record date for dividend of Rs 3/- per equity share of Re 1/- each. ISGEC Heavy Engineering shares delivered 63% return in last 6-months and 191% return in last 3-years. Check details below:

ISGEC Heavy Engineering Declares Record Date For Dividend: According to the BSE filing of ISGEC Heavy Engineering dated July 28, 2023, "Pursuant to Regulation 42 and any other regulation( s ), if applicable, of the Listing Regulations, the Company has fixed Wednesday, August 16, 2023 as the 'Record Date' for determining entitlement of members to dividend @ Rs. 3/- per equity share of Re.1/- each, as recommended by the Board of Directors, for the financial year ended March, 31, 2023, if approved at the AGM."

ISGEC Heavy Engineering Stock Performance & Return: Last trading price of ISGEC Heavy Engineering share is Rs 726.75 per share on BSE. Its market capitalisation is Rs 5343.76 crore. The stock's 52-week high price is Rs 738.00 per share and 52-week low price is Rs 418.25 per share, respectively. ISGEC Heavy Engineering stock offered return of 58% in last 1-year, declined 8% in last 2-years, and gave return of 192% in last 3-years.

ISGEC Heavy Engineering Dividend History: The company announced 21 dividends since March 18, 2009. It offers a dividend yield of 0.27% if ISGEC Heavy Engineering current share price of Rs 726.75 apiece is taken into consideration.
ISGEC Heavy Engineering Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 2048.39 crore, up 28% as against its last quarter total income of Rs 1597.97 crore. It announced its latest quarter net profit after tax at Rs 93.14 crore.

ISGEC Heavy Engineering: ISGEC Heavy Engineering Ltd. is a multi-product, multi-location public company that has been providing engineering solutions to customers across 91 countries for the past 90 years, according to its official website.

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