Dividend stocks: LKP Finance shares touching the circuit has become a regular phenomenon these days. This financial stock was the talk of the town in every session this week. But tomorrow, LKP Finance stock will be in the spotlight for a different reason. The small finance company has notified the Indian Stock Exchange about the board meeting to be held on April 26, 2024. At this meeting, the company’s board of directors is expected to consider and approve LKP Finance Ltd’s financial results for the recently ended March 2024 quarter. Regarding dividend stocks, we will also consider implementing an interim dividend for the fourth term of FY2014. If announced, this will be the company’s second interim dividend to be paid to shareholders in FY24. On November 10, 2023, LKP Finance stock traded ex-dividend; INREligible shareholders will receive three dividends per share.
LKP Finance Dividend 2024
LKP Finance Ltd. has notified the Stock Exchanges of India about the dates and agenda of the Board of Directors meeting and said, “We hereby inform you that the Board of Directors meeting of the Company is scheduled to be held on Friday, April 26, 2024, among other things. We review and approve: 1]Audited financial results (single and consolidated) for the fourth quarter and year ended March 31, 2024; and 2]March 31, 2024, if any. We recommend dividends for the ending financial year.”
“Furthermore, in terms of our Code of Conduct for the regulation, monitoring and reporting of trading by designated persons prescribed under the Securities and Exchange Board of India (Prohibition of Insider Trading) Rules, 2015, as amended, the Trading Contact “Following the announcement of the financial results, trading in the company’s securities will be closed until April 29, 2024,” the financial company added.
LKP Finance dividend history
High dividend stocks have a history of paying dividends to shareholders. If the board declares a dividend at an upcoming board meeting, this would be the second interim dividend declared by the company in fiscal year 2024. According to information available on the BSE website, LKP Finance shares traded ex-dividend on November 10, 2023, confirming the shareholders eligible for dividend payments. INRThe interim dividend is 3 yen per share. In 2023, LKP Finance stock traded ex-dividend twice. The company traded ex-dividend for the first time on June 13, 2023, and finalized the list of shareholders eligible for the final dividend per share for FY2023.
LKP Finance stock price trends
This high-dividend stock also benefits position investors. One month into 2024, this stock has been in foundation-building mode. Over the past month, this financial stock hasn’t produced any returns for shareholders, but year-to-date, dividend stocks are down 35% for him.However, from 93 in half a year INRTheir respective levels were 145, an increase of almost 55 percent over the period. Similarly, this small-cap stock returned more than 70% of his profits to shareholders in one year.
Disclaimer: The views and recommendations expressed above are those of individual analysts or brokerages and not of Mint. We recommend checking with a certified professional before making any investment decisions.
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