600% or Rs 6 Dividend Share: Smallcap stock all set to reward its investors; record date today

600 percent or rs 6 dividend share: smallcap stock r systems international limited all set to reward its investors; record date today

R Systems International Limited Dividend Stock 2024: Stock of R Systems International Limited will be in focus today i.e. March 28 (Thursday) on account of its next corporate action. The company has announced a whopping 600 per cent dividend payment on each stock. A dividend is a company’s reward to its investors for their investment in the business. It is paid in cash from earnings.

R Systems International Limited Dividend 2024 Amount

A dividend is always calculated and paid on the face value of each stock. Accordingly, a 600 per cent dividend translates into Rs 6 per equity share of the face value of Re 1 each for the financial year 2023-24. “Intimation of declaration of interim dividend for the year 2024 at the rate of Rs. 6.00/- per equity share of Re. 1/- each by the Board of Directors of R Systems International Limited (“Company”),” the company said in an exchange filing.

R Systems International Limited Dividend 2024 Ex-Date

The company has set March 28 as the ex-date for the interim dividend.

R Systems International Limited Dividend 2024 Record Date

R Systems International Limited has set March 28 as the record date for determining the eligibility of shareholders’ participation in the next dividend or corporate action. “The record date for the purpose of Interim Dividend 2024 would be March 28, 2024,” the company said in a regulatory filing.

R Systems International Limited Dividend 2024 Payment Date

The interim dividend will be paid on or before April 17, 2024.

R Systems International Limited Share Price

R Systems International Limited is a constituent of S&P BSE SmallCap. On Wednesday, stocks of R Systems International Limited closed at Rs 459.85 apiece, up by Rs 7.30 points or 1.61 per cent, according to BSE.

R Systems International Limited Dividend History

Last year, R Systems International Limited announced a dividend of Rs 6.8 in the month of December. In 2022, the company announced a dividend of Rs 6.5 with an ex-date on June 14. Similarly, in 2021, the company declared dividends of Rs 2.5 and Rs 3.2 with an ex-date on November 11 and June 14, respectively. In 2019, the company declared dividend of Rs 1.5 with an ex-date on December 20.