Investor Alert: Don’t Miss Out on 16% Dividend Per Share from This Smallcap Stock!

 Bambino Agro Industries’ Generous Dividend Payout for FY 2023-24

When it comes to rewarding investors, Bambino Agro Industries Limited has made a noteworthy announcement for the financial year 2023-24. The company has declared a 16% dividend per share, reaffirming its commitment to value creation for shareholders. Let’s dive deeper into the details of this dividend announcement, along with insights into the company’s performance and key dates for investors.

What Does a 16% Dividend Mean for Investors?

A dividend is a portion of the company’s earnings distributed to its shareholders as a reward for their investment. In this case, Bambino Agro Industries Limited has declared a 16% dividend, which translates to ₹1.60 per share based on the face value of ₹10 per equity share.

Important Dates to Remember

Ex-Date: December 19, 2024.

Record Date: December 19, 2024.

The company has finalized these dates to determine eligible shareholders for the dividend payout. However, the payment date for this final dividend is yet to be announced.

Bambino Agro Industries Share Performance

The stock of Bambino Agro Industries has shown mixed trends recently. On December 14, the stock price closed at ₹385.80 per share, reflecting a 1.58% gain for the day. Here’s a quick summary of its recent performance:

• 1 Week: +1.78%
• 1 Month: +8.07%
• YTD: -8.47%

Over the longer term, the stock has delivered significant returns, including 33.20% in 3 years and an impressive 225.16% in 5 years.

Dividend and Bonus History

Bambino Agro Industries has maintained a consistent dividend payout history. The company rewarded its shareholders with a ₹1.60 per share dividend in 2019, 2020, 2021, and 2023. However, the company has yet to issue any bonus shares to equity shareholders.

Dividend Yield Analysis

At the current market price, the dividend yield stands at 0.41%, a modest yet stable return for long-term investors.

What’s Next for Investors?

For existing shareholders, the upcoming ex-date and record date are crucial to ensure eligibility for the dividend. New investors considering Bambino Agro Industries should evaluate the company’s performance trends and dividend history before making a decision.

Conclusion

Bambino Agro Industries Limited continues to reward its investors with consistent dividends, making it an attractive option for those seeking steady returns. With a 16% dividend announcement for FY 2023-24, the company has reaffirmed its shareholder-centric approach. Ensure you track the ex-date and record date to benefit from this payout.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor Mbc trading Platform  before making any investment decisions.