Rs 120/Sh Dividend: Houseware Stock To Pay Dividend By Sept 4, Highest In 23-Yrs

Small cap company operating in consumer durables sector, Hawkins Cookers Ltd today fixed record date for Rs 120/share dividend of the face value of Rs 10 per equity share that it had recommended on May 29, 2024. Current market price of Hawkins Cookers share on BSE is Rs 8162.85 per share. Hawkins Cookers share will trade ex-dividend on July 29, 2024.

Hawkins Cookers shares offered 29% return in last 3-months and gained 178% in last 5-years. It has a PE of 39.30 and ROE of 32.94. The company's market capitalisation stood at Rs 4316.36 crore. More details below:

Hawkins Cookers Sets Record Date For Dividend: As per the regulatory filing of Hawkins Cookers issued as on July 12, "The Board of Directors of the Company at its Meeting held on May 29, 2024, had recommended payment of dividend of Rs.120 per equity share of the face value of Rs.10 per Equity Share for the financial year ended March 31, 2024, to the shareholders - subject to the approval of the shareholders at the ensuing 64th Annual General Meeting (AGM) to be held on Monday, August 5, 2024. The said dividend shall be paid latest by September 4, 2024."

2. The Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, July 30, 2024, to Monday, August 5, 2024 (both days inclusive), for the purpose of payment of dividend.

3. The dividend, if approved at the AGM, will be payable to those Members whose names appear in the Company's Register of Members on July 29, 2024, added the exchange filing.

Hawkins Cookers Dividend History: Hawkins Cookers announced 23 dividends since July 9, 2001. In last 1-year, Hawkins Cookers announced an equity dividend amounting to Rs 100.00 per share. At the current share price of Rs 8162.85, Hawkins Cookers offers a dividend yield of 1.23%.

Hawkins Cookers To Consider Financial Results: As per the exchange filing of the company issued as on July 6, "we inform you that a Meeting of the Board of Directors will be held on Monday, August 5, 2024, to approve and take on record the Unaudited Financial Results for the quarter ended June 30, 2024."

Hawkins Cookers Share Performance: The 52-week high price of Hawkins Cookers share on BSE is Rs 8620.00 per share (as on 13/06/2024) and 52-week low price is Rs 5810.05 per share (as on 01/04/2024), respectively. Hawkins Cookers shares zoomed 3.89% in last 1-week, rallied 9% in last 6-months, gained over 26% in last 1-year, and surged 57% in last 2-years, and gained 37% in last 3-years.

Hawkins Cookers About: Hawkins Cookers Limited has been in business since 1959. Today, it has two offices, three factories and about 700 persons working. It is the leader in the pressure cooker market in India and has exported its products since 1974 to various countries in each of the six continents of the world, according to its official website.

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