Small Cap Plus Small Cap Stocks Paying 1000% Dividend, Over 80% Returns in 3 Months

1000% Final Profit

The Board of Directors of Banco Products (India) Ltd. At its meeting on 26th May 2022 a final dividend of 140% amounting to Rs 20 per share of Rs 2 each.

In its submission to BSE & NSE, the Board stated, “The Board of Directors has resolved to recommend a dividend of 20.00/- (1000%) per share of stock of 2.00 tonnes per share, subject to shareholder approval at the following annual general meeting for the fiscal year ending 31.03. 2022″.

Date of exclusion from earnings The ex-dividend date for the final recommended 1000% dividend is September 6, 2022.

    Banco Products (India) Dividend History

Banco Products (India) Dividend History

The company declared its first dividend in July 2001 and has maintained an impressive track record of dividend payouts throughout the year. It has declared 29 dividends in 21 years. Of all the 29 dividends declared, 8 were interim dividends and 21 were final dividends including recent dividends. Last year, the company also declared a final 100% dividend of Rs 2 per share.

stock forecast

stock forecast

On August 19, Banco Products (India) opened at Rs 220 per piece and is currently trading at 225.05 per piece, up 3.02%. The 52-week low for the share is Rs 118.10 and the 52-week high is Rs 229.35 per piece respectively.

The return on equity is 15.52%. The TTM PE ratio is 11.30 and the PB ratio is 1.63. TTM EPS is 19.73. The dividend yield is 8.98% and the par value is Rs 2.

Investment returns

Investment returns

The company’s shares are up 21.48% in the past week, and 25.45% in the last month, respectively. Over the past three months and one year, the stock has risen 80.86% and 20.19%, while in the past three years, the stock has given a multi-piggy return of 120.19%. In the past five years, stocks have given a positive return of 7.11%.

    About - Banco Products (India) Ltd

About – Banco Products (India) Ltd

Banco Products (India) Ltd. was established in 1961. The company has been a supplier of high quality engine coolant components and gaskets to the automotive industry for over four decades. The company offers a full line of oil coolers, oil coolers and all types of engine gaskets. BANCO supplies radiators; Intercoolers and engine gaskets designed to meet or exceed Original Equipment Engineering (OE) specifications. The company has four modern factories based in Baroda (Vadodara) Mumbai with state-of-the-art facilities for production design, development and quality assurance. The company is an original equipment supplier to Indian automobile companies including Telco Ashok Leyland Mahindra & Mahindra Premier Auto Hindustan Motors and Maruti Udyog.

Leave a Reply

%d bloggers like this: