Dividend paying stock: LKP Finance board to declare interim dividend after 55% rally in six months

LKP Finance Dividend 2024

Informing Indian banal market exchanges astir the committee gathering day and agenda, LKP Finance Ltd said, “We hereby pass that a gathering of the Board of Directors of the Company is scheduled to beryllium held connected Friday, April 26, 2024 inter-alia, to see and o.k. the following: 1] Audited Financial Results (Standalone and Consolidated) for the Fourth Quarter and the Financial Year ended March 31, 2024; 2] Recommend the Dividend, if any, for Financial Year ended March 31, 2024."

"Further, successful presumption of the Company's Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Designated Persons, arsenic framed nether the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, arsenic amended, the Trading Window for dealing successful the securities of the Company shall stay closed till April 29, 2024, successful transportation with the declaration of the supra fiscal results of the Company," the fiscal institution added.

LKP Finance dividend dividend history

The dividend-paying banal has a past of giving dividends to its shareholders. If the institution committee declares a dividend successful its upcoming committee meeting, this would beryllium the 2nd interim dividend announced by the institution successful FYY24. As per the accusation disposable connected the BSE website, LKP Finance stock traded ex-dividend connected 10th November 2023 to ascertain the eligible shareholders for the outgo of ₹3 per stock interim dividend. In 2023, LKP Finance shares traded ex-dividend connected 2 occasions. It archetypal traded ex-dividend connected 13th June 2023 to finalize the database of eligible shareholders for the outgo of Re 1 per stock last dividend for FY23.

LKP Finance stock terms history

The dividend-paying banal has delivered returns to its positional investors arsenic well. In 1 month, the banal has remained nether base-building mode aft ushering successful 2024. In 1 month, this fiscal banal has delivered zero instrumentality to its shareholders whereas successful YTD time, the dividend banal has declined 35 percent. However, successful six months, it has risen from 93 to ₹145 apiece level, logging a astir 55 percent emergence successful this period. Likewise, successful 1 year, this small-cap banal has delivered implicit 70 percent instrumentality to its shareholders.

Disclaimer: The views and recommendations made supra are those of idiosyncratic analysts oregon broking companies, and not of Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

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Published: 25 Apr 2024, 01:11 PM IST