Small-cap multibagger stock, Tips Music, is offering an interim dividend of Rs 2 per share, with October 24 as the record date. That means today is the last day to buy the stock if you want to receive the dividend.
The company announced the dividend on October 16, 2024, and confirmed that the payment will be made by November 12, 2024.
In the past 12 months, Tips Music has paid a total dividend of Rs 7 per share, giving a 0.94% dividend yield at its current stock price of Rs 746.05, as per Trendlyne data.
With a market capitalization of Rs 9,486.38 crore, the stock has surged by 107.6% in the last year, and its price has risen by 110.4% year-to-date. At around 1:15 pm, Tips Music shares were trading 4.2% lower at Rs 742 on the BSE.
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