100% Dividend, 2:1 Stock Split: Small Cap Multibagger Stock Approves Nov 15 Record Date

Small cap stock operating in Engineering sector Jost's Engineering Company Ltd will trade ex-split in the ratio of 2:1 on November 15, 2024. The Board of Directors on October 17, 2024 sought to declare the record date for 2:1 stock split as November 15, 2024. Earlier, the firm also recommended 100% dividend and shares traded ex-dividend on September 9, 2024.

Last trading price of Jost's Engineering Company shares on BSE stood as Rs 1149.10 per share. Its market cap is Rs 561.84 crore. Check details below:

Jost's Engineering Company Sets Record Date For Stock Split: As per the October 17 BSE filing of the firm, "fixed Friday, 15th November, 2024 as the "Record Date" for determining entitlement of Equity Shareholders for the purpose of sub-division/ split of existing Equity Shares of the Company, such that 1 (one) equity share having face value of Rs. 2/-(Rupees two only) each, fully paid-up, will be subdivided into 2 (Two) equity shares having face value of Rs. 1/-(Rupee one only) each, fully paid-up, ranking pari-passu in all respects which was approved by the Equity Shareholders through Annual General Meeting on 16th September 2024."

Stock Split History: Jost's Engineering split the face value twice since May 20, 2021. Jost's Engineering Company last split the face value of its shares from Rs 5 to Rs 2 in 2023.The share traded ex-split on April 28, 2023.

Dividend History: Jost's Engineering announced 20 dividends since August 12, 2004. In last 1-year, Jost's Engineering Company recommended an equity dividend amounting to Rs 2.00 per share. At the current share price of Rs 1149.10, Jost's Engineering offers a dividend yield of 0.17%.

Jost's Engineering Company Shares Performance: The 52-week high price of Jost's Engineering Company shares on BSE is Rs 1360.00 per share (as on 26/08/2024) and 52-week low price is Rs 460.00 per share (as on 19/10/2023), respectively. Jost's Engineering Company shares gave return of 86% so far in 2024, zoomed 135% in last 1-year, gained 504% in last 2-years, and surged 1172% in last 5-years.

Jost's Engineering Company About: A 102 years old Public Limited Company, Engaged in Manufacturing & Representation Business. Core business activities include Internal material handling, sound and vibration measurement, electrical test and measurement, interconnectivity solutions, process instrumentation and environmental testing and analytical instruments, according to its Linkedin page.

Disclaimer: The stock highlights the dividend, 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.