Rs 5/Share Dividend: Small Cap Packaging Company Picks July 28 as Record Date

Small cap company operating in packaging sector, Cosmo First Ltd today picked July 28, 2023 as the record date for payment of dividend. Current market price of Cosmo First share is Rs 652.65 per share with intraday fall of 1.30%. Cosmo First stock declined 5% in last 1-week and 7% in last 2-weeks. The company on May 29 recommended final dividend of Rs 5/- per equity share for the FY 2022-23. Check details below:

Cosmo First Sets Record Date For Dividend: According to the BSE filing of the company dated July 12, 2023, "Further, the Register of Members and Share Transfer Books will remain closed from Saturday, July 29, 2023 to Friday, August 04, 2023 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend. The Record date shall be Friday, July 28, 2023."

The dividend if approved by the shareholders in ensuing Annual General Meeting shall be paid on or before September 03, 2023 to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e., Friday, July 28, 2023, added the regulatory filing.

Cosmo First Stock Performance & Return: Current market price of Cosmo First share is Rs 652.65 per share with intraday dip of 1.30%. Its 52-week high price is Rs 1037.30 per share and 52-week low price is Rs 549.95 per share, respectively. The company has a market capitalisation of Rs 1,713.19 crore.

In last 1-year, Cosmo First shares witnessed a decline of 34%, gave return of 192% in last 3-years, and offered return of 315% in last 5-years.

Cosmo First Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 727.84 crore, down 3.02% from preceding quarter total income of Rs 750.49 crore. It announced its net profit after tax at Rs 31.82 crore in the latest quarter.

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