Thursday, December 1, 2022
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HomeMarketStocksMultibagger Panama Petrochem announces dividend

Multibagger Panama Petrochem announces dividend

Panama Petrochem whereas asserting its Q2 end result on Monday, declared a Rs 3 per share dividend for FY23.

“We wish to inform you that on the board assembly held right this moment, the Administrators have declared an interim dividend of Rs 3 per fairness share of Rs 2 every (150%) of the Firm,” mentioned the corporate’s submitting with the alternate.

“The interim dividend shall be paid on December 6, 2022 to the fairness shareholders of the Firm, whose names seem on the Register of Members of the Firm or within the information of the Depositories as helpful house owners of the shares as on Thursday, November 24, 2022 which is the Report Date mounted for the aim,” added the submitting.

The document date for figuring out shareholders’ eligibility is mounted as November 24, whereas the dividend fee date is December 6.

is a multibagger inventory with a 3-year return of 363%. The inventory’s 52-week excessive and low are Rs 359.5 and Rs 214.45, respectively.

Panama Petrochem is a smallcap firm with a m-cap of Rs 1,860 crore. The corporate is among the many main producers and exporters of petroleum specialty merchandise.

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