Smallcap Multibagger Stock: 100% Returns, 7.5% Dividend - Ex-Date and Record Date Reminder?

SH Kelkar and Company Limited gears up for its next corporate action, investors are eagerly anticipating the generous dividend payout announced by the company. With a whopping 7.5% dividend on each stock for the ongoing fiscal year, shareholders stand to reap significant rewards for their investment in the business.

Dividend Details

The Board's approval of an interim dividend of Rs. 0.75 per equity share with a face value of Rs. 10 underscores the company's commitment to shareholder value. With 13,82,40,801 fully paid-up equity shares in circulation, this dividend announcement translates into substantial returns for investors.

Ex-Date and Record Date

Mark your calendars for April 12, 2024, as SH Kelkar and Company sets this date as the ex-date for the interim dividend. Additionally, April 12, 2024, has been designated as the record date, determining shareholders' eligibility for participation in the dividend or other corporate actions.

Payment Date

Shareholders can expect the interim dividend to be paid no later than April 28, 2024. This timely disbursement reflects the company's commitment to honoring its financial commitments and providing value to investors.

Share Price Performance

Despite a minor setback of 2.05% in the last week, SH Kelkar and Company's share price has displayed resilience and growth in recent months. With gains of 1.43% and 22.45% in the last one month and three months, respectively, the company's shares have remained attractive to investors.

Long-term Growth

On a year-to-date basis, SH Kelkar and Company's shares have surged by an impressive 47.53%, showcasing the company's strong performance amid market volatility. Moreover, over the past one year, three years, and five years, the company has delivered remarkable returns of 101.62%, 64.31%, and 35.84%, respectively, solidifying its position as a multibagger small-cap stock.

SH Kelkar

SH Kelkar and Company's dividend declaration reaffirms its status as an attractive investment opportunity in the small-cap segment. By prioritizing shareholder value and maintaining transparent communication, the company continues to foster investor confidence and loyalty. As investors eagerly await the upcoming dividend payout, SH Kelkar and Company remains poised for continued success in the dynamic market landscape.