37 Dividends So Far: Small Cap IT Company Sets Record Date For Dividend Payment

Small cap stock from IT Software sector Mastek Ltd on August 28 fixed September 19, 2023 as the record date for dividend payment. Current market price of Mastek share is Rs 2247.50 apiece after an intraday fall of 0.75%. Mastek shares gained 207% in last 3-years. Mastek declared Rs 19.00 per share equity dividend in last 12 months. Check details below:

Mastek Sets Record Date For dividend: According to the BSE filing of Mastek dated August 28, "If the dividend as recommended by the Board of Directors is approved at the AGM, payment of such dividend, subject to deduction of tax at source, will be as under:

a) In respect of shares held in dematerialised form, the dividend will be payable to the beneficial owners as at the close of business hours on Tuesday, September 19, 2023 as per details furnished by the Depositories for this purpose."

Mastek Stock Performance & Return Over Years: Current market price of Mastek share is Rs 2247.50 apiece on BSE on August 29. Its 52-week high price is Rs 2345.00 apiece and 52-week low price is Rs 1475.45 apiece, respectively. The company has a market capitalisation of Rs 6868.66 crore. Mastek shares rallied 6% in last 1-week, soared 35% year-to-date, and gained 17% in last 1-year. In last 5-years, Mastek stock jumped 312% and offered a huge 5507% return in last 10-years.

Mastek Dividend History: The company so far declared 37 dividends since August 28, 2000. If the current share price of Mastek is taken into consideration, it offers shareholders a dividend yield of 0.85%. The company announced Rs 19.00 per share equity dividend in last 12 months.

Mastek Financial Performance: The company for the quarter ended June 30, 2023 declared its consolidated total income at Rs 727.61 crore, up 2.66% as against its last quarter total income of Rs 708.77 crore. It announced its recent quarter net profit after tax at Rs 73.53 crore.

Mastek About: Mastek is an enterprise digital & cloud transformation specialist that engineers excellence for customers across 40 countries, including the UK, Europe, US, Middle East, Asia Pacific and India. It helps enterprises navigate the digital landscape and stay competitive by unlocking the power of data, modernising applications and accelerating digital advantage for its customers, according to its official website.

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