4:1 Bonus Shares: Small Cap Holding Co To Mull Dividend Again, Shares Rise 127% In 3-Yrs

Board of Directors of small cap Holding Sector company Kama Holdings Limited have scheduled meeting to consider the proposal for 2nd interim dividend for financial year 2023-24. Last trading price of Kama Holdings shares on BSE is Rs 2608.75 apiece with intraday decline of 1.27%.

Kama Holdings has fixed March 19, 2024 as the record date for interim dividend. Kama Holdings shares jumped 170% in last 5-years. The company has a market capitalisation of Rs 8,371.63 crore. Check details below:

Kama Holdings To Consider 2nd Interim Dividend: As per the BSE filing of the company dated March 4, 2024, “A meeting of the Board of Directors is scheduled to be held on Monday, the 11 th March, 2024 for, inter-alia, considering a proposal for declaration of 2 nd interim dividend for the financial year 2023-24 on Equity shares. The Interim Dividend, if declared, would be paid to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e. Tuesday, the 19th March, 2024.”

Kama Holdings Stock Performacne & Return In Last Few Years: The 52-week high price of Kama Holdings shares is Rs 350.00 per share and 52-week low price is Rs 2350.02 per share, respectively. Kama Holdings shares declined over 18% in last 6-months, gained 7% in last 1-year, and offered return of 48% in last 2-years. In last 3-years, Kama Holdings stock gained 127% and 170% in last 5-years.

Kama Holdings Bonus Issue In 2023: Kama Holdings declared bonus share in the proportion of 4:1 in 2023. As per the exchange filing of Kama dated September 1, 2023, “the Board of Directors considered and approved Increase in the Authorised Share Capital and Bonus Issue of Equity Shares in the proportion of 4 (Four) Equity Share of Rs. 10/- each for every 1 (One) Equity Shares of Rs. 10/- each held by the shareholders of the Company. The shares traded ex-bonus on October 17, 2023.

Kama Holdings Dividend In 2023: Kama Holdings announced 20 dividends since July 30, 2003. In the last 12 months, Kama Holdings announced an equity dividend amounting to Rs 166.00 per share. At the current share price of Rs 2608.75 apiece, Kama Holdings’s dividend yield is 6.36%. Adjusting for Bonus/Splits the dividend yield is 1.27%.

Kama Holdings About: It is a leading core investment company engaged in the business of holding long-term investments in its subsidiaries. Its key segments are technical textiles business, chemicals business, and packaging film business, among others.

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