Dividend Stock: A good news has come from the stock market for investors. Visaka Industries has decided to pay dividend to the investors. The company has also announced the record date for dividend for the financial year 2022-23. Let us tell you that in the last 3 years, Visaka Industries has given more than double returns to the investors. Let us know the details of this dividend stock –
These 2 companies will distribute dividend, record date this week
Visaka Industries Dividend Record Date
In the information given to the stock market, the company has told that it has decided to give a dividend of Rs 7 on 1 share. Will pay a dividend of 70 percent with a face value of Rs 10. For this dividend, the company has fixed the record date as April 12, 2023. That is, any investor whose name will remain in the record book of the company on April 12, 2023, only he will get the benefit of dividend.
Mahila Samman Saving Certificate, how much interest will be received, know the answers to important questions
Visaka Industries share performance?
On Friday, the share price of the company closed at Rs 342 on the NSE with a gain of 1.35 per cent. The company has given more than 160 percent return to the investors in the stock market during the last three years. However, this year has not been great for Visaka Industries investors. During this period, the stock prices have seen a decline of 23.08 percent.
How has been the performance during the third quarter?
The company’s net profit fell 86 percent in the December quarter. During the third quarter of the last financial year, the total net profit of the company was Rs 3 crore. The good thing for Visaka Industries investors is that sales have increased during this period. The company’s sales stood at Rs 356 crore in the third quarter.
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