Multibagger Small Cap Holding Stock Approved 50% Interim Dividend, Soars Over 150% In 1 Yr

Small cap Holding company Ujjivan Financial Services Ltd., today, 10 March 2023, considered and approved 50% i.e. Rs 5/share Interim Dividend for the FY23. Ujjivan Financial Services is a holding company of Ujjivan Small Finance Bank, a leading small finance bank in India. The company has a market capitalisation of Rs 3,436.80 crore. The stock has delivered a multibagger return of over 150% in the past 1 year. Check below to Know more:

Ujjivan Financial Services has considered and approved an Interim Dividend of 50%

The Board of Directors of Ujjivan Financial Services Ltd., in their exchange filing, said, "This has reference to our letters reference number UJJIVAN/SE/2022-23/46 dated March 06, 2023, wherein we have intimated that our Board of Directors will consider the declaration of interim dividend on Friday, March 10, 2023."

It added, "We hereby inform that the Board of Directors in its Meeting held today on March 10, 2023, has considered and approved an Interim Dividend of 50% i.e. Rs. 5 per equity share of Rs. 10/- each. The Board Meeting commenced at 03:00 PM and the above proposal of interim dividend was approved at 03:35 PM. The record date for the aforesaid interim dividend shall be March 20, 2023."

Stock Performance, Returns, 52 Week Low/High

Ujjivan Financial Services' stock last traded at Rs 282.45 apiece, after falling 1.12% as compared to its previous close. The stock's previous close was 285.65 apiece, while it was opened at Rs 287 apiece on NSE. Its 52 week low is Rs 101 apiece and 52 week high is Rs 313.25 apiece, respectively.

The stock in 5 days has gained 1.04% and in 1 month 1.42%, respectively. However, it has declined 3.68% in 3 months. In 1 year it has given multibagger return of 151.96%. In the past 3 years, it declined 5.27% and in 5 years it declined 17.22%, respectively.

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