1:2 Stock Split Soon, Steady Dividend Since 2005: Diesel Engine Stock Sets Nov 8 As Record Date

Small cap company engaged in compressors, pump & diesel engines, Roto Pumps Ltd shares will soon split/sub-divide in the ratio of 1:2 next month. Last trading price of Roto Pumps Ltd shares on BSE is Rs 508.45 per share as on October 25, 2024. The company's market capitalisation is Rs 1596.92 crore. Its ROE is 17.45 and PE is 46.59. Roto Pumps Ltd shares fell over 10% in last 1-week and 26% in last 3-months. In last 1-year, Roto Pumps stock surged 40% and 148% in last 2-years. Details below:

Roto Pumps Sets Record Date For Stock Split/Sub-Division: As per the regulatory filing of Roto Pumps dated October 26, "pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company has fixed Friday, November 08, 2024 as the Record Date to ascertain the eligibility of Shareholders for the purpose of sub-division / split of Equity Share having face value of Rs. 2/- (Rupees Two only) each, fully paid-up into 2 (Two) Equity Shares having face value of Re. 1/- (Rupee One only) each fully paid-up."

Roto Pumps Shares Performance: The 52-week high price of Roto Pumps shares on BSE is Rs 748.65 per share (as on 03/07/2024) and 52-week low price is Rs 300.45 per share (as on 13/03/2024), respectively. Roto Pumps shares gained 21% in last 6-months, soared 210% in last 3-years, and offered returns of 762% in last 5-years.

Roto Pumps Dividend History: Roto Pumps recommended 21 dividends since September 14, 2005. In last 1-year, Roto Pumps announced an equity dividend amounting to Rs 1.88 per share. At the current share price of Rs 508.7500, Roto Pumps offers a dividend yield of 0.37%.

Roto Pumps can be called a steady dividend stock as the company has been recommending dividend consistently since 2005. Steady dividend stocks are stocks that have a stable dividend policy. It implies that these stocks pay dividends to shareholders regularly irrespective of the market fluctuations.

About: A globally preferred brand in positive displacement pumps, Roto Pumps is a public listed company with presence across 5 continents and a rich legacy of over 50 years. Established in 1968, Roto Pumps is the pioneer manufacturer of Progressive Cavity Pumps in India, renowned for providing efficient and reliable pumping solutions to a diverse range of industries including Wastewater, Sugar, Paper, Paint, Oil & Gas, Chemicals & Process, Ceramics, Food & Beverages, Renewable Energy & Power, Mining & Explosives, Marine & Defense and many more, according to its official website.

Disclaimer: The stock highlights the dividend, upcoming stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.