Home / Markets / Stock Markets /  With a dividend of Rs. 82, this multibagger stock shall turn ex-dividend soon

Having a market worth of Rs. 8,041.86 crore, Kama Holdings Ltd. is a mid-cap firm that operates in the financial industry. Through its three completely owned subsidiaries Shri Educare Limited, KAMA Realty (Delhi) Limited, and SRF Transnational Holdings Limited, the firm has commercial interests in education, real estate, and investment. The company's Board of Directors declared an interim dividend on the paid-up equity share capital of the company at 820% at a face value of 10, or Rs. 82 per share, for the fiscal year 2022–2023 for which 30th August 2022 has been fixed as the record date.

The company has said in a stock exchange filing that “We wish to inform you that the Board of Directors at its meeting held today has declared interim dividend @ 820% i.e. Rs. 82 per share on the paid-up equity share capital of the Company. Dividend 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 30th August 2022 which has already been communicated to Exchanges by letter dated 17th August, 2022. The date of payment of interim equity dividend will be Tuesday, the 20th September, 2022."

As per the data available on BSE, the shares of Kama Holdings shall trade ex-dividend on 29th August 2022, since the ex-date for corporate actions falls one day before the record date.

Today's closing price for Kama Holdings Ltd shares was 12,430.00 per share, a drop of 0.80% from yesterday's close of 12,530 per share. The stock price climbed from 15.50 on July 19, 2002, to the level it is at now, representing an incredible multibagger return and an all-time high of 80,093.55%. The stock price climbed from 2,708.60 on September 1, 2017 to the current price level during the past five years, representing a multibagger return of 358.91%. The stock has gained 32.75% over the past year, and it has climbed 16.14% YTD so far in 2022. In the last 6 months, the stock has gained 37.93% and has gained 11.76% in the last 1 month. In the last 5 trading sessions, the stock has fallen by 0.51%. The stock had touched a 52-week-high of 12,880.00 on (14/10/2021) and a 52-week-low of 8,310.00 on (07/03/2022) which indicates that at the current price level, the stock is trading 3.49% below the 52-week-high and 49.57% above the 52-week-low.

ABOUT THE AUTHOR

Vipul Das

Vipul Das is a Digital Business Content Producer at Livemint. He previously worked for Goodreturns.in (OneIndia News) and has over 5 years of expertise in the finance and business sector. Stocks, mutual funds, personal finance, tax, and banking are among his specialties, and he is a professional in industry research and business reporting. He received his bachelor's degree from Dr. CV Raman University and also have completed Diploma in Journalism and Mass Communication (DJMC).
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