Tata Group's Small Cap Stock Declares Dividend, Offers 191% Return In Last 3-Years

Board of Tata Group stock, Tata Coffee Ltd recommended a dividend of Rs 3.00 per share for the year ended March 31, 2023 on Tuesday. The stock witnessed a jump of 0.48% in trade today with last trading price quoted at Rs 207.90 apiece on BSE. The stock rallied 74% in last 2-years. Check details below:

Tata Coffee Ltd Recommends Dividend: According to the BSE filing of the company, "We would like to inform you that the Board of Directors have recommended a Dividend of Rs.3/¬ per Equity Share [Face Value of Re. 1/- each] for the year ended March 31, 2023. This Dividend upon approval by the shareholders at the ensuing Annual General Meeting [AGM], will be paid within 30 days from the date of the AGM."

Tata Coffee Ltd Stock Performance & Return: The stock's last trading price on BSE is Rs 207.90 per share. Its 52-week high price is Rs 251.50 apiece and 52-week low price is Rs 188.60 apiece, respectively. It has a market capitalisation of Rs 3,882.96 crore. The small cap stock gave a return of 74% in last 2-years, 191% in last 3-years, and witnessed a dip of 6% in last 1-year.

Tata Coffee About: Tracing our roots to 1922, Tata Coffee is one of the largest integrated coffee cultivation and processing companies in the world and the largest corporate producer of Indian Origin Pepper. Tata Coffee is a part of the Tata Group. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising over 100 independent operating companies, according to its official website.

Disclaimer: The company recommended dividend today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.