Multibase India Ltd Share: This company filled the pockets of its shareholders, gave record breaking dividend, read details…

Multibase India Ltd Share: There is a continuous decline in the stock market. Along with this, corporate action is also going on in the market. Good dividend has been declared in Multibase India Limited. Microcap stock Multibase India is currently trading at the level of Rs 328.

The company has declared a dividend of Rs 53 per share. This dividend amount is the highest payment of the company till date. Earlier, this microcap company had declared dividend of Rs 3 in August 2024, Rs 2 in September 2023, Rs 1 in September 2022 and Rs 2 in September 2021.

Multibase India Special Chemical Company produces and sells thermoplastic emulsions and silicone based products. Incorporated in 1991 as Synergy Polymers Limited, the company changed its name in 2002. Synergy Multibase Limited. After this it became Multibase India Limited in 2007.

Multibase India Dividend

The board of directors of Multibase India had declared an interim dividend of Rs 53 on each equity share of face value Rs 10 for the financial year 2024-25. Now an interim dividend of Rs 53 has been announced on every equity share.

Multibase India Dividend record date

The board of directors of Multibase India has set November 27 as the record date to determine the eligibility of shareholders entitled to receive shares. If you hold shares on this date, you will receive dividend. Shareholders purchasing shares after the record date will not receive the dividend.

Multibase India Ltd Share: Multibase India Dividend Pay Out Date

As for the payment date of the upcoming dividend, Multibase India Dividend said that the said interim dividend will be paid out on or before December 12, 2024.

Dividend payment date is the day when the company actually distributes the dividend to its eligible shareholders. This is the day when money or shares are transferred to the bank accounts of shareholders.

Multibase India Dividend Yield

Dividend yield is a measure of how much dividend a company pays each year relative to its stock price. It is calculated by dividing the annual dividend per share by the stock price and then multiplying by 100 to get the percentage. It shows how much dividend income you can expect for each unit invested in the stock.