Rs 25K per share microcap Bombay Oxygen Investments to trade ex-dividend on Tuesday

Bombay Oxygen Investments, a microcap stock with a share price of Rs 25,199.80 on the BSE will trade ex-dividend on Monday. It will be a final opportunity for investors to be eligible for the company's dividend of Rs 35 per share.

The ex-dividend date is set by the exchange and is usually 1-2 business days before the record date. If you buy the stock on or after the ex-dividend date, you won’t receive the dividend. The company announces the record date to determine the eligibility of the investors. Only those investors who own the shares of Trent and JSW Steel will be entitled to receive the dividends.

In this case, the company has set the ex-date and record date on the same day. Bombay Oxygen Investments had on June 17, informed the exchange about the record date.

Dividend history

Bombay Oxygen Investments has declared 22 dividends since September, 2003 according to Trendlyne data. In the past 12 months, Bombay Oxygen Investments has declared an equity dividend amounting to Rs 25 per share. At the current share price of Rs 25,200, Bombay Oxygen Investments' dividend yield is 0.10%.

Share price history

Bombay Oxygen Investments shares have been market laggards as the stock price has fallen 14% in the past one year when benchmark indices Nifty and BSE Sensex have delivered returns of 4.7% and 4.3%, respectively. In 2025, so far the stock has fallen by 15%.

About the company

Bombay Oxygen Investment Limited (formerly known as Bombay Oxygen Corporation) was incorporated in October, 1960 to manufacture and market industrial gases. The company's name was changed to Bombay Oxygen Investment Limited w.e.f. October 3, 2018.

The Company's primary business was manufacturing and supplying industrial gases which were discontinued from August 1, 2019. According to Trendlyne, the company owns substantial financial investments in the form of shares, mutual funds & other financial securities and the income from such financial investments is the source of revenue of the company.

Also Read: Corporate actions this week: Titan, JSW Steel, 45 more stocks to have record dates for dividend, bonus and stock splits

The company is promoted by Shyam Madanmohan Ruia, Uma Maharajsingh Mehta, Nandini Atul Nathwani and Chandra Shyam Ruia.

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