PRECOTNSEPrecot Limited· Textiles - CottonHighPositive
Announced Fri, 23 May · 13:53 IST

Precot Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, declared Dividend of Rs. 3 per equity share.

Corporate Actions View source PDF

PRECOT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Precot Limited has announced that its Board of Directors, at a meeting held on May 23, 2025, declared a dividend of Rs. 3 per equity share. This is a cash dividend paid out to shareholders on record. The exact dividend yield cannot be determined without the current share price. The company typically announces such dividends as part of its financial results or in a separate Board meeting.

Likely market impact

Shareholders will receive Rs. 3 per share held, providing a modest income return. The market reaction will depend on the dividend yield relative to the current share price and how this compares to previous payouts.