AEGIS LOGISTICS LTD Dividend 2024, Record Date, Share Price, History

News: Aegis Logistics Ltd, a prominent player in the logistics industry, has recently made significant announcements related to dividends, share prices, and historical performance. In this article, we’ll delve into the details of what investors need to know.

Dividend Announcement for 2024

For the fiscal year ending March 2024, Aegis Logistics has declared an equity dividend of 575.00%, amounting to Rs 5.75 per share. This substantial dividend reflects the company’s commitment to rewarding its shareholders.

Record Date and Payment Details

The company has fixed February 23, 2024 as the Record Date for the second interim dividend. On this date, the company will determine the list of shareholders eligible to receive the dividend. If you own Aegis Logistics shares on or before this date, you’ll be entitled to the dividend payout.

Share Price Update

As of February 20, 2024, the current share price of Aegis Logistics stands at Rs 468.20. Investors should keep an eye on market trends and company performance to make informed decisions.

Historical Context

Aegis Logistics has a track record of consistent growth and value creation. Understanding the company’s historical performance can provide insights for potential investors. As always, it’s essential to conduct thorough research and consult financial experts before making any investment decisions.

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About AEGIS LOGISTICS LTD :

Aegis Logistics Ltd. is a prominent player in India’s oil, gas, and chemical logistics landscape. As one of the top LPG importers and handlers among private companies, Aegis has carved a niche for itself. Let’s delve into what makes Aegis Logistics a force to reckon with:

Integrated Logistics Expertise

Aegis Logistics operates as an integrated logistics company, seamlessly managing the supply chain for oil, gas, and chemical industries. Their services span the entire spectrum, from importation to distribution.

LPG Import and Handling

At the heart of Aegis’s operations lies its expertise in liquefied petroleum gas (LPG). The company imports and handles LPG efficiently, ensuring a steady supply to meet energy needs.

State-of-the-Art Terminals

Aegis boasts a network of cutting-edge liquid and gas terminals across major Indian ports. These terminals serve as crucial hubs for storage, handling, and distribution. With a storage capacity of 1,570,000 KL for chemicals and petroleum products, Aegis ensures seamless logistics.

Safety and Sustainability

Safety is paramount for Aegis. The company prioritizes health, safety, and environmental practices. Their commitment to sustainability resonates through responsible operations and community engagement.

Incredible Network

Aegis Logistics collaborates with fuel stations, LPG cylinder distributors, and bottling plants. Their offices are strategically located to serve customers efficiently.

Aegis Logistics Ltd’s recent dividend announcement, along with its share price and historical context, makes it an interesting stock to watch. Investors should stay informed and consider their investment goals while evaluating opportunities in the logistics sector.

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