Rs 25/Share Dividend: Penny Stock Under Rs 5 To Go Ex-Dividend On Aug 16, Shares Zoom

Elcid Investments Ltd shares on August 9, 2024 gained 4.75% to settle at Rs 3.53 apiece on BSE. Elcid Investments shares will trade ex-dividend for Rs 25 per equity share of the face value of Rs 10 each for the financial year ended March 2024. Elcid Investments shares jumped over 9% in last 1-year and rallied 52% in last 2-years. The company's market capitalisation stood at Rs 0.07 crore. Check details below:

Elcid Investments Sets Record Date For Dividend: As per the BSE filing of Elcid Investments issued as on July 30, 2024, "The Company has fixed Friday, August 16, 2024, as the "Record Date" for the purpose of determining the Members eligible to receive dividend for the financial year 2023-24, if approved at the ensuing Annual General Meeting."

Elcid Investments Dividend: The company's exchange filing issued as on May 21, 2024 stated, "recommendation of payment of final dividend of Rs. 25 per equity share of the face value of Rs.10 each for the financial year ended 31st March 2024, subject to approval of shareholders in the ensuing general meeting of the company."

Elcid Investments Financials: The company announced a surge of 39.56% in its net profit for the quarter ended June 2024 to Rs 135.95 crore as against Rs 97.41 crore declared in the corresponding quarter of last year. Its sales rallied 38.28% to Rs 177.53 crore for the June 2024 quarter as compared to Rs 128.38 crore declared in the similar quarter of last year.

Elcid Investments Shares Performance: Elcid Investments shares gained over 4% so far in 2024, slipped 78% in last 3-years and declined again by 48% in last 5-years. The 52-week high price of Elcid Investments shares on BSE is Rs 3.53 per share (as on 21/06/2024) and 52-week low price is Rs 3.21 per share (as on 04/07/2023), respectively.

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