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Business / Tue, 09 Jul 2024 ET Now

125% dividend stock: Share price under Rs 150 - Record date fixed

Authored by : Himanshi Singh Updated Jul 9, 2024 21:33 IST Photo : ET Now Digital 125% dividend stock: Share price under Rs 150 - Record date fixed125% dividend stock: Casino company whose shares currently trade under Rs 150 on Sensex on Tuesday fixed the record date for its 125 per cent dividend payout. Delta Corp Dividend Record Date 2024In addition to sharing its quarterly earnings, the company also fixed the record date for the 125 per cent dividend it had announced in May. Delta Corp Dividend HistoryA key casino player, Delta Corp has a good dividend track report and has consistently declared dividends for the last 5 years. For FY22, it had announced Rs 1.25 dividend and a payout of Re 1 in FY21. Delta Corp Share PriceA constituent of BSE SmallCap index, Delta Corp has a market cap of Rs 3,825.11 crore.

Authored by : Himanshi Singh Updated Jul 9, 2024 21:33 IST Photo : ET Now Digital 125% dividend stock: Share price under Rs 150 - Record date fixed

125% dividend stock: Casino company whose shares currently trade under Rs 150 on Sensex on Tuesday fixed the record date for its 125 per cent dividend payout. The small cap company informed about the same along with its quarterly results for the first quarter of the financial year 2025.

Delta Corp Q1 Results 2025

Delta Corp on Tuesday reported a 34 per cent YoY fall in its profit to Rs 40.48 crore in the April-June 2024 quarter. It was Rs 61.43 crore in the same quarter of FY24. The casino company’s revenue from operations in the reporting period also slipped 16 per cent YoY to Rs 143 crore.

During the April-June 2024 period, the company witnessed a slump in its revenue from gaming operations by 16 per cent to Rs 130 crore on YoY basis. Delta Corp’s hospitality revenues also fell to Rs 12 crore from Rs 14.91 crore in the last year period.

Delta Corp Dividend Record Date 2024

In addition to sharing its quarterly earnings, the company also fixed the record date for the 125 per cent dividend it had announced in May. Delta Corp’s board had then recommended a Final Dividend of Rs 1.25 per share. The record date for the purpose has been fixed as Saturday, July 20.

This means that the dividend will be paid to those shareholders whose names appear in the company’s books as on the record date i.e. July 20.

Delta Corp Dividend History

A key casino player, Delta Corp has a good dividend track report and has consistently declared dividends for the last 5 years. For the financial year 2024, it declared an equity dividend of 125 per cent, which translates to Rs 1.25 per share at a face value of Re 1. For FY22, it had announced Rs 1.25 dividend and a payout of Re 1 in FY21.

Delta Corp Share Price

A constituent of BSE SmallCap index, Delta Corp has a market cap of Rs 3,825.11 crore. The stock settled over 1 per cent down at Rs 142.85 apiece on BSE ahead of its Q1 FY25 results announcement. Delta Corp shares have a 52-week range of Rs 104.30 and Rs 247.95.

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