On December 13, 2024, Ceenik Exports (India) share price traded 3.94% lower at ₹1,290 at 9:30 AM on the BSE. The stock opened at ₹1,275.85, higher than the previous close of ₹1,342.95, and hit a lower circuit of ₹1,275.85 during early trade.
Ceenik Exports (India) traded ex-dividend today, marking an important milestone for its shareholders. The company’s board has recommended a final dividend of 10% (₹1 per equity share).
The dividend payment comes as a pleasant boost to investors, particularly after a series of interim dividends declared earlier in the year. Shareholders will need to ensure they hold their shares before the ex-dividend date to qualify for this final payout.
In October 2024, the company declared an impressive interim dividend of ₹15 per share, demonstrating its robust profitability and its aim to provide substantial returns to investors.
Earlier, in June 2024, an interim dividend of ₹1 per share was also paid out.
Ceenik Exports (India) is a prominent player in the global trade and export sector, specialising in the manufacturing and distribution of a wide range of products across various industries. With a focus on delivering high-quality goods to international markets, the company has built a reputation for reliability, efficiency, and innovation. Ceenik Exports has successfully carved out a niche for itself in the global supply chain by consistently meeting customer demands while maintaining stringent quality standards.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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