3 Small Cap Sugar Stocks That Will Soon Trade Ex-Dividend For Up To 100% Dividend

3 Sugar sector stocks are scheduled to trade ex-dividend next week for maximum dividend of up to 100%. These sugar stocks are Magadh Sugar & Energy Ltd, Avadh Sugar & Energy Ltd, and Mawana Sugars Ltd. All these stocks are small caps and offered attractive returns to investors over the years. Check details below:

1. Avadh Sugar & Energy Ltd Dividend: Board of directors of Avadh Sugar on May 8, 2023 in its BSE filing stated, "The Board of Directors has also recommended a dividend of Rs. 10/- per equity share of Rs.10/- each for the year ended March 31, 2023, subject to approval of the Shareholders." The company fixed record date as 12 July 2023. It will trade ex-dividend on July 12, 2023.

Avadh Sugar Stock Outlook & Return: Last trading price of Avadh Sugar stock is Rs 530.00 per share with intraday fall of 1.69%. Its 52-week high price is Rs 618.00 per share and 52-week low price is Rs 388.00 per share, respectively. The company has a market capitalisation of Rs 1,060.98 crore. In last 3-month, Avadh Sugar shares delivered 19% return and 1.24% return in last 1-year. Avadh Sugar stock gave maximum return of 227% in last 5-years and return of 182% in last 3-years.

2. Magadh Sugar & Energy Ltd: Board of directors of Magadh Sugar on May 9, 2023 declared in its regulatory filing, "The Board of Directors has also recommended a dividend of Rs. 7/- per equity share of Rs.10/- each for the year ended 31° March 2023, subject to approval of the Shareholders." The company declared July 13, 2023 as the record date and the stock will trade ex-dividend on July 13.

Magadh Sugar Stock Outlook & Return: Last trading price of Magadh Sugar share price is Rs 417.00 per share with intraday gain of 1.99%. Its 52-week high price is Rs 440.00 per share and 52-week low price is Rs 247.00 per share, respectively. Its market capitalisation is Rs 587.62 crore. Magadh Sugar shares delivered 28% return in last 3-months, 32% return in last 1-year, and 215% return in last 3-years. In last 5-years, Magadh Sugar stock delivered maximum return of 635%.

3. Mawana Sugars Ltd: The BSE filing of Mawana Sugars dated May 30, 2023 stated, "recommended a dividend of 30% i.e. Rs. 3/- per Equity Share of face value of Rs.10/- each for the financial year ended on 31.03.2023." Board of directors of Mawana Sugars fixed July 7, 2023 as the record date for the said dividend.

Mawana Sugars Stock Performance & Return Over The Years: Mawana Sugars stock price is Rs 101.39 per share with intraday gain of 1.76%. Its 52-week high price is Rs 114.00 per share and 52-week low price is Rs 75.30 per share, respectively. It has a market capitalisation of Rs 396.61 crore. In last 3-months, Mawana Sugars shares offered investors return of 9%, provided 3% return in last 1-year, and 243% return in last 3-years.

Disclaimer: The stocks just highlights the dividend and are 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 ay losses. Please consult a professional advisor.