Small Cap Logistics Stock Sets Record Date For Dividend, Shares Rally

Small cap stock operating in Logistics Sector, Allcargo Logistics Ltd fixed March 15, 2023 as the record date for interim dividend. The stock delivered 19% return in last 1-year and 249% return in last 3-years. Check details below:

Allcargo Logistics Sets Record Date For Dividend: According to the BSE filing of the company, "Board of Directors of the Company at its Meeting held today i.e., Monday, March 6, 2023, inter alia, approved declaration of an Interim Dividend of Rs 3.25/- (Rupees Three and Twenty Five Paisa Only) i.e. (162.5%) per equity share of Rs 2/- each (Rupees Two Only). The Interim Dividend will be paid/dispatched to all the shareholders of the Company on or after Thursday, March 16, 2023 whose name are registered as shareholders of the Company as on the record date i.e. Wednesday, March 15, 2023."

Allcargo Logistics Stock Performance & Return: The last trading price of Allcargo Logistics is Rs 374.45 apiece with intraday gain of 1.15%. The stock's 52-week high is Rs 494.85 apiece and 52-week low is Rs 249.50 apiece, respectively. The company has a market capitalisation of Rs 9,200.07 crore. It gave return of 2% in last 1-week, fell 10% in last 3-months, rallied 12% in last 6-months, and gave a return of 18% in last 1-year. In last 3-years, it soared 249% and 119% in last 5-years.

Allcargo Logistics About: Allcargo Logistics Ltd is a leading company operating in the Logistics Sector. It transports cargo across the globe with international supply chain solutions. It provides world-class Container Freight Station and Inland Container Depot facilities, optimising supply chains with flexible and scalable contract logistics. It is also offering built-to-suit Grade-A warehouses, crane rentals, etc, according to its official website.