Dividend Champion Small-Cap stock: This consistent dividend paying stock has announced yet another massive dividend; know the record date!

For the quarter ended December 2022, net sales stood at Rs 112.13 crore as against Rs 87.21 crore in the same quarter last year.

Dividends are the most alluring option for earnings in the stock market for the long term. Companies share portions of their profit among the shareholders. This induces investors to stay with the company. Nevertheless, dividend stocks are not only known for their high and sustainable dividends but also for their potential to appreciate in the long term. Dividend-paying stocks can deliver fantastic long-term returns but finding the right stock is crucial to your success as an investor.  

Accelya Kale Solution is one such stock which has been providing dividends from time to time and it has declared 29 dividends since September 2022. The Board of Directors at its meeting held on Tuesday, has declared an interim dividend of Rs. 35 per share, which translates to 350 per cent of face value of Rs 10 and the record date for the purpose of interim dividend is Tuesday, February 02, 2023.   

For the quarter ended December 2022, net sales stood at Rs 112.13 crore as against Rs 87.21 crore in the same quarter last year. Quarterly net profit stood at Rs 25.21 crore in December 2022 up by 49 per cent YoY.