Rs 4 Big Dividend Incoming! How To Be Eligible For 200% Payout Before May 2?

KSB Limited KSB SE & Co KGaA., one of the top producers of pumps, valves, and systems worldwide, was founded in India in 1960. Power, oil, construction services, process engineering, water treatment, water transportation, and other industries are just a few of the numerous requirements that the firm has been meeting with creative and reliable solutions. The fields of hydraulics, sealing technology, materials, manufacturing technology, and automation are the main emphasis of KSB's internal research center. With its own production facilities, service operations, and sales and marketing firms, the KSB group is now present on every continent.

KSB Dividend

At its meeting on February 27, 2025, the Board of Directors of the Company recommended paying a final dividend of Rs 4 (i.e., 200% per equity share) on 17,40,39,220 equity shares of face value Rs 2 each that were fully paid up for the fiscal year that ended on December 31, 2024. That payment is contingent upon the shareholders' approval at the company's next Annual General Meeting. On Thursday, May 15, the company will have its annual general meeting. The dividend payment record date is May 02, 2025.

KSB News

"This is to inform that KSB Limited has received letter of award under PM-Kusum Scheme under Component B of approx. INR 14 Crores for 962 solar water pumping systems from Tripura Renewable Energy Development Agency. The sales/ supply of products/ services for these orders is expected from Q2 2025," recently KSB informed stock exchanges on 4th April.

"This is to inform that KSB Limited has received letter of award under Magel Tyala Saur Krushi Pump Scheme of Approx INR 49 Crores for 2000 solar water pumping systems from Maharashtra State Electricity Distribution Co. Ltd. The sales/ supply of products/ services for these orders is expected from Q2 2025," the company said in a stock exchange filing on 4th April.

KSB Share Price Target

"The stock is trading above its immediate support mark of 650 and showing sideways consolidation. After heavy selling pressure in markets, we expect the stock to take a pause around 640-650 and bounce higher towards 700-750 odd targets as short covering move comes in," said Riyank Arora - Technical Analyst - Mehta Equities Limited.

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