Metal Sector Penny Stock With Over 80% Return In 3 Yrs Declared Dividend, Fixed Record Date

BMW Industries Ltd, a small cap stock, today, 15 February 2023 declared the 20% Interim Dividend for the Financial Year ending March 2023. The stock operates in the metal sector primarily engaged in manufacturing, processing and selling of steel products consisting of engineering and other products and services related to the same. It has a market capitalisation of Rs 739.41 crore. Check Below to know more:

BMW Industries Ltd declared 20% Interim Dividend

The Board of Directors of the company in its regulatory filing has said, "We would like to inform you that the Board of Directors of BMW Industries Limited ('the Company') in its meeting held at the Registered Office of the Company on Wednesday, February 15, 2023 has declared an Interim Dividend of Rs. 0.2/- (20%) per Equity Share of Rs. 1.00/- each for the financial year ending 31st March, 2023. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed Friday, February 24, 2023 as the "RECORD DATE" for the purpose of payment of Interim Dividend. The Interim Dividend declared will be paid on or before March 16, 2023."

 

BMW Industries Ltd Stock Performance

The stock of BMW Industries last traded at Rs 32.45/share, up 0.15% from its previous close of Rs 32.40/share. It surged 0.62% in 1 week. It has fallen 8.07% in 1 month, whereas, it gained 20.86% in 3 months. In the past 1 year, it gained 6.92%. In 3 years it gave the highest 82.3% positive return.

The stock was listed on 15 May 2019. Since its listing, it has given 11.9% positive return. It recorded its 52 week low on 6 July 2022 at Rs 21.10/share and 52 week high on 30 December 2022 at Rs 39.10/share, respectively.

 

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