This multi-bagger small-cap announces one-time special dividend

Universus Photo Imagings, in its board meeting on Wednesday, announced a one-time special interim dividend of 100% or Rs 10 per share for the current fiscal year.

Special dividend is a non-recurring dividend pay-out by any listed entity, usually of a higher amount than regular dividends. The company generally considers and announces special dividends to mark any special event.

Further, the small-cap firm announced October 25 as the record date for payment of the one-time special interim dividend, which will be paid on or after October 29.


The stock ended marginally higher with gains of 0.7% at Rs 712.55 per share on the NSE on Wednesday.

Universus Photo Imagings is a multibagger scrip with a 5-year return of 1093% while in the last one year the stock has delivered 91% returns. The stock’s 52-week low and high prices are Rs 353.7 and Rs 993 per share, respectively.

Formerly called Jindal Photo Imaging, the company owns a state-of-the-art facility to manufacture X-Ray films and other products in Dadra And Nagar Haveli.