This Indian Chemical MNC Declares Dividend of 180%. Check details

Galaxy Surfactants Ltd, one of the leading players in the world of surfactants and specialty care ingredients, has declared an interim dividend of 180%. This multinational mid cap company has fixed Monday, February 20, 2023 as the record date for the distribution of the dividend declared.

Dividend details of Galaxy Surfactants Ltd

According to an exchange filing of Galaxy Surfactants Ltd, the board of directors approved the dividend details in the meeting held on 11th February, 2023 "Declared an interim dividend of Rs.18 /- per equity share of face value of Rs. 10/- each. As informed earlier the record date for the payment of interim dividend will be Monday, February 20, 2023."

Galaxy Surfactants stock price performance

The stock price of Galaxy Surfactants ended at Rs 2322.15 per share, it was up by 8 points over previous day. Its 52-week high is at Rs 3,445 per share and 52-week low Rs 2,302 per share. In last one year the stock price moved down by 19.9%, but over 3 and 5 year term it has gone up by 39.88% and 40.56% respectively.

About Galaxy Surfactants Ltd

Galaxy Surfactants Ltd is one of the leading players in the world of surfactants and specialty care ingredients, with a exclusive focus on catering to the Home and Personal Care Industry. The firms was established in 1980, by five men, who desired to excel at all points.

This mid cap company manufactures 200+ products, caters to 1750+ customers in 80+ countries, has 7 state of the art plants with 5 manufacturing facilities in India, 1 in Egypt and 1 in USA.Since 2000, it has been granted 79 patents, and since 2010 Galaxy has grown 3x in Volumes, 4x in EBITDA, 5x in Profits over the last decade maintaining ROCE >22%. The free float market capitalisation of the company is Rs 2,387.61 crore