This Small Cap Media Stock Recommends Rs 4 Dividend, Gave 118% Return In 3 Yrs; Details Inside

GTPL Hathway Ltd in its Board meeting held on 15 April 2023 recommended a Rs 4 per equity share dividend for the financial year 2022-23. However, the record date for the recommended dividend is yet to fix by the Board of Directors. GTPL Hathway is a Media & Entertainment sector company. It is a small-cap company with a market capitalisation of Rs 1,266.33 crore.

GTPL Hathway recommended a dividend of Rs 4 per equity share

According to an exchange filing by the Board of Directors of GTPL Hathway Ltd., "In continuation of our letter dated April 8, 2023, we wish to inform you that the Board of Directors of the Company, at its meeting held today, has inter-alia: (i) approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2023, as recommended by the Audit Committee; and (ii) recommended a Dividend of Rs. 4.00/- per equity share of Rs. 10/- each for the financial year ended March 31, 2023."

GTPL Hathway's Stock Performance & Current Share Price

The stock of GTPL Hathway on NSE last traded at Rs 112.60/share, up 2.18% from the previous close of Rs 110.20/share. The shares traded 52 week low on 28 March 2023 at Rs 93.75/share and 52 week high on 12 April 2022 at Rs 215.70/share, respectively.

The stock has given 4.31% positive return in the past 1 week, and 3.45% in the past 1 month, respectively. However, it has fallen 44.4% negative return in the past 1 year. It has given 118.01% positive return in the past 3 years. In the past years it has given 30.56% negative return.

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