Dividend Paying Stocks: The Board of Directors of Nucleus Software Exports Limited has set 1 July 2022 as the record date for finding eligible shareholders for payment of final dividend. IT company has already declared final dividend of 7 per equity share for the financial year 2021-22. Nucleus Software share price is up around today 361, which means the IT stock has an annual dividend yield of about 1.95 percent.
Nucleus Software Exports Ltd. Informing about the cut-off date for dividend payment, “As per regulation 30 of SEBI (Listing Obligation and Disclosure Regulation) Regulation 2015, we would like to inform you that the 3rd Annual General Meeting of the members of Nucleus Software Exports ( AGM) Ltd. will be held on Friday, the 08th July, 2022 at 11.00 AM through video conferencing / other audio visual means (VC) and the Register of Members and Share Transfer Books of the Company will be closed during the period from 02nd July, 2022 to July 8, 2022 (both days inclusive) for the purpose of annual general meeting and payment of dividend. The dividend, if approved at the annual general meeting, shall be payable to such members whose names are entered in the register of members of the company and As per the records of National Securities Depository Limited and Central Depository Services (India) Limited beneficial owners, the cut-off date is July 01, 2022 at the close of business hours.”
In your last exchange communication, dividend paying stock had notified about payment of 70 per cent dividend, “in accordance with regulation 30 of the respective circulars of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and notifications issued thereunder, The Board of Directors of the Company in its meeting held today has declared Final Dividend of Rs.7.00/- per Equity Share of the Company (i.e. 70% of face value of Rs.10 each) for the Financial Year-21-22. Next Annual General Meeting in the approval of the shareholders.”
In Q4FY22, Nucleus Software Exports Ltd registered a growth of around 12.90 per cent in exports 445.30 crores. In Q4FY22, IT company reported 18.72 crore net profit, which was 8.82 crore in Q3FY22. Therefore, the IT company has registered a growth of over 110 per cent in net profit on a QoQ basis.