Two leading KP group companies recently offered its shareholders crucial updates related to dividend. The two companies are K.P. Energy Ltd and KPI Green Energy Ltd. Shares of both the companies hit lower circuit for second consecutive day today. K.P. Energy Ltd on February 6, 2025 recommended third interim dividend of Re 0.20 per share of the face value of Rs 5/- each for the FY 2024-25.
The company fixed Feb 18, 2025 as the record date. Meanwhile, KPI Green Energy recommended 3rd interim dividend of 0.20 per equity share. The company has fixed Feb 18, 2025 as record date for 3rd interim dividend. Check details below:
K.P. Energy Ltd Recommends Dividend
According to the exchange filing of the company dated Feb 6, 2025, “considered, approved and declared Third Interim Dividend at 4% i.e. Re. 0.20 (Twenty Paisa Only) per equity share having face value of Rs. 5/- each of the Company, for the financial year 2024-25. The Record date for payment of this interim dividend is February 18, 2025.”
The Dividend shall be paid within 30 days from the date of its declaration to the shareholders whose name appears in the Register of Members as on the Record date.
K.P. Energy Shares Performance
Last trading price of KP Energy share on BSE is Rs 382.85 per share. The stock hit 2nd consecutive lower circuit today as BSE sensex tanked 1018 points to 76,293. The 52-week high price of K.P. Energy shares on BSE is Rs 673.75 per share (as on 11/12/2024) and 52-week low price is Rs 310.00 per share (as on 20/03/2024), respectively. The company’s market cap stood at Rs 2,553.23 crore. The stock offers a return of equity (ROE) of 39.11%. K.P. Energy shares witnessed decline of 6.49% in last 1-week, surged 11.91% in last 2-weeks and offered 536.70% return in last 2-years. In last 3-years, the scrip gained 750.78% and rose 2090.22% in last 5-years.
KPI Green Energy To Trade Ex-Dividend On Feb 18
The company on February 6, 2024 recommended third interim dividend of Re 0.20 per equity share of the FV of Rs 5/- each and fixed Feb 18, 2025 as the record date.
KPI Green Shares Performance
The last trading price of KPI Green Energy shares on BSE is Rs 428.95 per share with intraday fall of 4.99%. The stock today hit 2nd consecutive lower circuit. KPI Green Energy share price zoomed 35.12% when BSE Sensex surged 0.52%. In last 6-months, the scrip slipped 39.56% and gained 304.44% in last 2-years. Meanwhile, the stock offered highest returns of 12,742.81% in last 5-years. The company’s market cap stood at Rs 8445.62 crore and its return in equity is 10.50%.
How To Be Eligible For Dividends of KP Group Stocks?
Record date plays key role in deciding shareholders’ eligibility for dividend. Shareholders whose name reflects in company’s record on the record date will become eligible for dividend. Record date is the date when the firm finalises list of shareholders qualified for the company’s dividend distribution. In the case of KP Energy and KPI Green Energy, the record date has been fixed as February 18, 2025. Therefore, shareholders must buy KP Group stocks (only after taking SEBI’s registered advisor’s advice) before the record date to receive dividend.
Disclaimer: The story highlights dividend and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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