Small Cap Stock Declared 150% Dividend, Hits 52 week Low, Gained 471.96% In 3 Yrs, Check Record Date

Greenpanel Industries Ltd, a leading stock that operates in the Building Material Sector on January 30, 2023, declared an Interim Dividend of Rs 1.50 per equity share i.e. 150%. Greenpanel Industries is India's largest manufacturer of wood panels. The company's manufacturing plants in Andhra Pradesh & Uttarakhand make top-quality Medium Density Fibreboard (MDF), Decorative Veneers, Plywood, Flooring and Doors. Greenpanel is a small-cap stock with a market valuation of Rs 3,9756.81 crore. Check details below:

Greenpanel Industries Ltd's Stock performance

The stock of Greenpanel Industries last traded on NSE at Rs 324.30 apiece, up 6.71% from its previous close of Rs 303.90 apiece. The stock hits 52-week low at Rs 280 apiece today i.e. 31st January 2023. It hit the 52 week high on 29 April 2022 at Rs 625.70 apiece. The stock was listed on the stock exchange on 23 October 2019.
Since its listing, its share price gained 701.73%. However, in the past 1 month, it fell 3.87% and in the past 3 months, it fell 12.85%, respectively. In the past 1 year, it has fallen 37.79%. In the past 3 years, it gained 471.96% positive return.

Greenpanel Industries Ltd. Declared Interim Dividend

According to the regulatory filing to BSE by Greenpanel Industries Ltd., "Pursuant to Regulations 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform you that the board of directors in their meeting held today, January 30, 2023, has declared an interim dividend of Rs. 1.50 per equity shares i.e. 150% on face value of Rs. 1/- per shares for the financial year 2022-23. The company shall arrange to pay the above interim dividend on or before March 1, 2023, to the equity shareholders of the company, whose name appear on the register of member of the company or in the records of the depository as beneficial owners of shares as on February 9, 2023, which is record date fixed for the said purpose." 

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