3M India Dividend Record Date 2022, Petronet LNG Dividend 2022 Record Date, Tide Water Oil Dividend Record Date 2022: There is a famous saying that 'dividends are an investor's best friend'. Dividends are basically rewarding shareholders for investing money in a business or a company. Companies issue dividends in various forms including paying cash directly to the shareholders. A company's board of directors decides when and how much dividend will be paid to its shareholders. The decision requires the shareholders' approval.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Today, we bring you a list 5 stocks or companies that will pay dividends this week:

 

3M India Dividend Date - 8500% 

 

3M India Limited is a subsidiary of the American multinational conglomerate 3M. The company has announced to pay a whopping 8500 per cent dividend to its shareholders. 3M India face value per share is Rs 10. This translates into Rs 850 DIVIDEND per share. 

 

3M India Dividend Record Date 2022

 

The company has fixed November 22 as the record date for determining the eligibility of shareholders for receiving the dividend amount of Rs 850 per share. 3M India Dividend Ex Date is November 21.

According to the announcement made by the company, 3M India dividend would be paid to the shareholders before December 9.

Dividend Stock: 3M India 
Dividend Amount: Rs 850 per share 
Ex-Dividend Date: November 21
Record Date: November 22

 

Petronet LNG Dividend Date

 

Petronet LNG is a large-cap company. It operates in the energy sector. Petronet LNG has announced to pay a dividend of Rs 7 per share to its investors. 

The company has fixed November 22 as the record date for ascertaining the entitlement of members to the dividend. The stock will trade ex-dividend date on November 21. 

Petronet LNG has announced that the dividend will be paid to its shareholders on Monday, December 5.

Dividend Stock: Petronet LNG 
Dividend Amount: Rs 7 per share 
Ex-Dividend Date: November 21
Record Date: November 22

 

Tide Water Oil Dividend Date - 600%

 

Tide Water Oil has announced to pay a whopping 600 per cent dividend to its shareholders. The face value of Tide Water shares is Rs 2. This translates into Rs 12 dividend per share.

Tide Water Oil dividend record date is November 22. The stock will trade ex-date on November 21.

Dividend Stock: Tide Water Oil 
Dividend Amount: Rs 12 per share 
Ex-Dividend Date: November 21
Record Date: November 22

 

EID Parry Dividend Date - 550% 

 

EID Parry has announced to pay a whopping 550% dividend to its shareholders. The face value per share is Rs 1. This translates into Rs 5.50 dividend per share.

EID Parry has fixed the record date for the payment of dividends to its shareholders. EID Parry share dividend record date 2022 is November 23. The stock will trade ex-dividend date on November 22.

EID Parry said that the interim dividend will be paid on or after December 6 but within 30 days from the date of declaration.

EID Parry is involved in the business of sugar and nutraceuticals.

Dividend Stock: EID Parry 
Dividend Amount: Rs 5.50 per share 
Ex-Dividend Date: November 22
Record Date: November 23

 

Polyplex Corporation Dividend Date - 550%

 

Polyplex Corporation will pay 550 per cent dividend to its shareholders. This translates into Rs 55 dividend per share of a face value Rs 10.

Polyplex Corporation has fixed the cord date for the payment of Rs 55 dividend. Polyplex Corporation dividend record date 2022 is November 25. The stock will trade ex-dividend date on November 24.

Polyplex Corporation dividend payment date is 30 days from the date of the announcement, as per the Companies Act, 2013.

The multinational company was founded in 1984 and manufactures Biaxially Oriented Polyester Film for packaging, electrical and other industrial applications. 

Dividend Stock: Polyplex Corporation  
Dividend Amount: Rs 55 per share
Ex-Dividend Date: November 24
Record Date: November 25

READ MORE: Dividends matter! How they help you become rich - Explained

 

READ MORE: Stock Dividend Vs Bank FD: Which is better investment option and why?