Stovec Industries Ltd Announced Final Dividend

About Company

Stovec Industries Ltd`s (SIL)principal activities are to manufacture and distribute pre-sensitized offset plates, screens and electronic and other machinery related products.

SIL is presently engaged into manufacturing of perforated nickel rotary screens and engraved cylindrical screens, (consumables), Rotary printing machines, Anilox Rollers, press room chemicals. The company is also engaged into trading of Rotamesh screens for label printing.

The company operates mainly in four segments: industrial machinery, screens, chemicals and graphics. The Industrial Machinery segment manufactures rotary screen printing machines, components and spares. The Screens segment manufactures perforated rotary screens, engraving and auxiliary chemicals and engraved copper rollers.

Chemical segment includes manufacturing of engraving and press room chemicals. The Graphics segment manufactures pre-sensitized offset plates and press room chemicals.

The company also engagged in the business of Galvanic, Graphics Product, Textile Consumables and Textile Machinery.

TTM EPS141.96
TTM PE18.47
Sector PE28.99
Book Value Per Share769.67
P/B3.41
Face Value10
52 Week High2,949.00
52 Week Low1,751.00

Dividend Summary

For the year ending December 2021 Stovec Industries has declared an equity dividend of 570.00% amounting to Rs 57 per share. At the current share price of Rs NT* this results in a dividend yield of 0%.

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Announcement DateEx-DateDividend TypeDividend (%)Dividend (Rs)Remarks
25-02-202228-04-2022Final57057.00Rs.57.0000 per share(570%)Dividend
26-02-202103-05-2021Final22022.00Rs.22.0000 per share(220%)Dividend
25-02-202008-09-2020Final60060.00Rs.60.0000 per share(600%)Dividend
14-02-201926-04-2019Final40040.00Rs.40.0000 per share(400%)Final Dividend
15-02-201926-04-2019Special15015.00Rs.15.0000 per share(150%)Special Dividend
01-03-201824-04-2018Final36036.00Rs.36.0000 per share(360%)Final Dividend
23-02-201703-05-2017Final31031.00Rs.31.0000 per share(310%)Final Dividend.

Leave a Reply

Your email address will not be published. Required fields are marked *