Rs 82/Share Dividend: Mid Cap Holding Co Sets Record Date For Dividend Payment

Mid cap company operating in Holding Company sector, Kama Holdings Ltd on Wednesday fixed August 31, 2023 as the record date for interim dividend of 820% i.e. Rs. 82 per share on the paid-up equity share capital of the Company. The payment date of the interim equity dividend will be Thursday, the 21st September, 2023. Kama Holdings shares soared 1.59% intraday on BSE. Check details below:

Kama Holdings Sets Record Date For Dividend: According to the BSE filing of Kama Holdings dated August 23, 2023, "We wish to inform you that the Board of Directors at its meeting held today has declared interim dividend @ 820% i.e. Rs. 82 per share on the paid-up equity share capital of the Company. Dividend would be paid 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. Thursday, the 31st August 2023 which has already been communicated to Exchanges by letter dated 16th August, 2023."

Kama Holdings Stock Performance & Return: Current market price of Kama Holdings stock is Rs 12310.05 apiece. Its 52-week high price is quoted at Rs 14,600.00 apiece and 52-week low price is quoted at Rs 11,750.10 apiece, respectively. It has a market capitalisation of Rs 7,900.73 crore.

Kama Holdings shares gained 2% in last 2-weeks, declined a little over 1%, gained 36% in last 2-years, and witnessed a rally of 131% in last 3-years. Kama Holdings stock surged 171% in last 5-years.

Kama Holdings Financial Outlook: The company for the quarter ended June 30, 2023 declared its consolidated total income at Rs 3,363.96 crore, down 10.73% as compared to the last quarter total income of Rs 3,768.35 crore. It announced its recent quarter net profit after tax at Rs 361.68 crore.

Kama Holdings About: It is engaged in the business of holding long-term investments in its subsidiaries. Its key segments are technical textiles business, chemicals business, and packaging film business, among others. Its Technical Textiles business segment includes nylon tire cord fabric, belting fabric, polyester tire cord fabric, and industrial yarns and its research and development. Its Chemicals business segment includes refrigerant gases, chloromethane, pharmaceuticals, fluorochemicals, and allied products and its research and development.

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