2 Small Cap Stocks Fix Record Date For Dividend: Check Details

Dividends are the company’s profits which it distributes among its shareholders. Some companies tend to pay dividend every quarter i.e. after their quarterly results, while others may pay it semi-annually or annually or there can be no fixed schedule.
Likewise, 2 of the small cap companies today have announced the record date for their dividend pay-outs. For being eligible for the dividend pay-out, investors need to have shares in the demat account as on the record date.
1. Gujarat State Petronet: Gujarat State Petronet has fixed 02 September 2022 as record date for dividend for Fy22. The dividend shall be paid on or before October 21, 2022.In the filing the company mentioned, “Dividend Payout Date if declared at the 24th Annual General Meeting scheduled to be held on 22nd September, 2022 will be on or before 21s October, 2022 to those members of the Company whose names appears as:a) Beneficial owners as at the close of business hours on Friday, 2nd September, 2022, as per the list to befurnished by the Depositories in respect of the Shares held in electronic formb) Members in the Register of Members of the Company as on Friday, 2nd September, 2022, after giving effect to all valid share transfer in..”.Gujarat State Petronet is involved in the gas transportation business. The Company is primarily engaged in transmission of natural gas through pipeline on an open access basis from supply points to demand centers.The scrip of the company last closed at Rs. 244.25 per share on the NSE.    2. Kama Holdings: Kama Holdings has fixed 30 August 2022 as record date for interim dividend if declared. In the previous fiscal year ended March 2022, the company declared an equity dividend of 1620.00% amounting to Rs 162 per share. At the current share price of Rs 12304.2 this results in a dividend yield of 1.32%.With regard to the record date, the company’s filing with the exchange said, “A meeting of the Board of Directors is scheduled to be held on Monday, the 22nd August, 2022 for, inter-alia, considering a proposal for declaration of interim dividend for the financial year 2022-23 on EquityShares. The Interim Dividend, if declared, would be paid to members whose names appear on the Register ofMembers and the beneficial owners as per details received from National Securities Depository Limited andCentral Depository Services (India) Limited, as on the Record Date i.e. Tuesday, the 30th August, 2022”.The company’s segments include Technical textiles business, Chemicals & Polymers business, and Packaging film business. Its subsidiaries include Shri Educare Limited, KAMA Realty (Delhi) Limited, and SRF Transnational Holdings Limited.It is a multibagger stock with 3-years return at a good 160%.  Disclaimer: The two stocks mentioned in the story are just collated for the purpose of sharing companies that have announced record date for the purpose of dividend.GoodReturns.in 
Gujarat State Petronet has fixed 02 September 2022 as record date for dividend for Fy22. The dividend shall be paid on or before October 21, 2022.
In the filing the company mentioned, “Dividend Payout Date if declared at the 24th Annual General Meeting scheduled to be held on 22nd September, 2022 will be on or before 21s October, 2022 to those members of the Company whose names appears as:
a) Beneficial owners as at the close of business hours on Friday, 2nd September, 2022, as per the list to befurnished by the Depositories in respect of the Shares held in electronic form
b) Members in the Register of Members of the Company as on Friday, 2nd September, 2022, after giving effect to all valid share transfer in..”.
Gujarat State Petronet is involved in the gas transportation business. The Company is primarily engaged in transmission of natural gas through pipeline on an open access basis from supply points to demand centers.
The scrip of the company last closed at Rs. 244.25 per share on the NSE.
 
Kama Holdings has fixed 30 August 2022 as record date for interim dividend if declared. In the previous fiscal year ended March 2022, the company declared an equity dividend of 1620.00% amounting to Rs 162 per share. At the current share price of Rs 12304.2 this results in a dividend yield of 1.32%.
With regard to the record date, the company’s filing with the exchange said, “A meeting of the Board of Directors is scheduled to be held on Monday, the 22nd August, 2022 for, inter-alia, considering a proposal for declaration of interim dividend for the financial year 2022-23 on EquityShares. The Interim Dividend, if declared, would be paid to members whose names appear on the Register ofMembers and the beneficial owners as per details received from National Securities Depository Limited andCentral Depository Services (India) Limited, as on the Record Date i.e. Tuesday, the 30th August, 2022”.
The company’s segments include Technical textiles business, Chemicals & Polymers business, and Packaging film business. Its subsidiaries include Shri Educare Limited, KAMA Realty (Delhi) Limited, and SRF Transnational Holdings Limited.
It is a multibagger stock with 3-years return at a good 160%.
 
The two stocks mentioned in the story are just collated for the purpose of sharing companies that have announced record date for the purpose of dividend.
GoodReturns.in