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.
PRECOT · price
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On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 2.0 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
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.