Skipper Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, recommended Final Dividend of Rs. 10 per equity share.
SKIPPER · price
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On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.4 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Skipper Limited, at its meeting held on April 30, 2025, has recommended a Final Dividend of Rs. 10 per equity share for the financial year. This is a cash dividend that will be paid to shareholders whose names appear in the company's records on the record date, which will be announced separately. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). Final dividends are typically paid out after the AGM concludes.
Positive for shareholders as it represents a direct cash return on their investment. The actual yield will depend on the current share price. Investors should watch for the record date announcement to be eligible for this payout.