In Wednesday's trading, 2 smallcap companies have announced their dividends. These companies are NBFC MAS Financial and Symphony, a home appliances company. The board of MAS Financial has approved the dividend on Wednesday. The company has also presented its quarterly results today. Along with this, Symphony has announced that the company's board may consider dividend next week. Today, the stocks of both the companies have closed in the green mark. Out of this, MAS Financial's stock has seen a rise after the results. Read what information the companies have given on dividend

MAS Financial

MAS Financial has informed the stock market that it is going to give a dividend of one rupee per share to its investors. According to the company, the board has also approved the dividend along with the results. The stock has seen a sharp rise in Wednesday's trading and the stock closed at 263 with a gain of more than 8 percent. The stock had recently reached its lowest level of the year. The lowest level of the stock for the year is 230, which was recorded on January 27 itself. In February last year, the stock had recorded a year's highest level of 388. Symphony Company has informed that it can distribute dividend to its investors next week. According to the company, its board meeting is to be held on 5 February 2025, in which the company can also announce the third interim dividend along with the results. The stock has seen a rise today and the stock closed at 1279, up about 2 percent. The highest level of the stock for the year is 1879, which was seen in October last year. The lowest level of the stock in the year was seen in March, which is 820. A year ago, the stock was close to the level of 930. That is, the stock has fallen by about 32 percent from its upper levels. Even after this decline, the one-year return of the stock is close to 37 percent and the stock is currently 56 percent up from its lower levels.