12969% RETURNS: Smallcap stock to announce DIVIDEND in Q4 Results

Written by : Anish Mondal Updated Apr 25, 2024 | 12:03 PM IST 12969% RETURNS: Smallcap stock to announce DIVIDEND in Q4 Results (Image: iStock/ET NOW NEWS)

KPI Green Energy Dividend 2024 Latest News: Shares of KPI Green Energy Limited , a power generation company, will be in focus on Thursday i.e. April 25, as the company is all set to announce the next dividend for its shareholders. Gujarat-based renewable power producer has fixed the dividend announcement date. KPI Green Energy 's dividend record date will also be likely announced along with the amount. KPI Green dividend yield is less than 1 per cent.

KPI Green Energy Limited is engaged in providing solar and hybrid power through different Business verticals. The Company develops, builds, owns, operates and maintains solar and hybrid power plants through as an Independent Power Producer (IPP) and as service provider to Captive Power Producer (CPP) under the brand name of 'Solarism'.

KPI Green Energy Dividend 2024 Latest News

KPI Green Energy has informed through an exchange filing that a meeting of the board will take place in April to consider and approve a proposal for dividend payment to shareholders. If announced, this will be the final dividend by the company for the financial year 2023-24.

“A meeting of the Board of Directors of the Company is scheduled to be held on Thursday, April 25, 2024… To consider and recommend final dividend, if any, on the equity shares of the Company, for the financial year 2023-24,” the company said in an exchange filing.

KPI Green Energy Dividend History

According to BSE website, KPI Green Energy Limited in 2023 paid dividend thrice to its investors – Re 0.2 in February and Re 0.25 in August and October. In 2022, the power generation company paid dividend on four occasions – Re 0.4 in January, Rs 2.1 in May, re 0.3 in August and Re 0.25 in October. Back in 2021, the company paid a dividend of Re 0.6 in November.

KPI Green Energy Dividend Yield

At the current market price of Rs 2008.85, KPI Green Energy shares have a dividend yield of 0.023 per cent. A dividend yield is calculated by dividing the annual dividends paid per share by the price per share. The output is expressed as a percentage.

KPI Green Energy Share Price History

KPI Green Energy Limited is a constituent of the S&P BSE SmallCap. According to BSE analytics (as of April 25), shares of KPI Green Energy Limited have climbed 18.94 per cent and 15.62 per cent in the last 1 week and 2 weeks, respectively. On a YTD basis, its shares gained by 110.78 per cent. In the past 1 year, 2 years, 3 years and 5 years, shares of the company jumped by 526.41 per cent, 1039.64 per cent, 12969.94 per cent and 8517.98 per cent, respectively.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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