Rs 300/Sh Dividend Recommended: Apparel Stock Set To Go Ex-Dividend On Aug 17

Large cap stock operating in garments & apparels sector Page Industries shares slipped over 6% in last one-week. Current market price of Page Industries Ltd shares on BSE is Rs 40,155.30 per share. The Board of Directors of Page Industries on August 8, 2024 recommended 1st interim dividend of Rs 300/- per equity share and fixed August 17, 2024 as the record date. Page Industries shares zoomed 17% in last 3-months. The company's market capitalisation stood at Rs 44,788.72 crore. Check details below:

Page Industries Dividend: According to the BSE filing of Page Industries as on August 8, 2024, "We further inform you that the Board of Directors of the Company at their meeting held today (i.e., 8 August 2024) has declared 1st Interim Dividend 2024-25 of Rs.300/- per equity share."

Page Industries Sets Record Date For Dividend: The exchange filing added, "As informed earlier, the record date fixed for the payment of interim dividend is 17 August 2024. The date fixed for payment of dividend is on or before 6 September 2024."

Page Industries: Financials: The company on August 8, 2024 announced a surge of 4.3% in its net profit to Rs 165.22 crore for the quarter ended June 2024 as against Rs 158.36 crore declared in the corresponding quarter of last year. Its revenue zoomed by 3.9% to Rs 1277.52 crore for June 2024 quarter as against Rs 1229.07 crore announced in the corresponding quarter of last year. The company's sales volume surged by nearly 2.6% YoY to 5.74 crore pieces.

Page Industries Shares Performance: The 52-week high price of Page Industries shares on BSE is Rs 42,902.10 per share (as on 02/08/2024) and 52-week low price is Rs 33,100.00 per share (as on 20/03/2024), respectively. Page Industries shares gained over 10% in last 6-months, soared 3% in last 1-year, slipped more than 17% in last 2-years, offered return of over 23% in last 3-years, and rallied 127% in last 5-years.

About: Page Industries is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan and UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India.

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