Dividend stocks: City Union Bank, NTPC and GE Shipping Company among 6 stocks that will turn ex-dividend tomorrow | Full List
Shares of City Union Bank, Kalyani Forge, NTPC, Sansera Engineering, GE Shipping Company and Vaibhav Global will start trading ex-dividend from Wednesday, August 9, 2022.
Dividend is the distribution of a certain portion of a Company’s profits among its shareholders. There are two types pf dividend—Interim dividend and final dividend. Interim dividend given during the year is authorised by the Board of a company, while final dividend is recommended by a Board of a Company and approved by its shareholders in the Annual General Meeting (AGM).
City Union Bank dividend 2022
The Board of Directors of City Union Bank has announced a dividend of Rs 1 per share, translating into 100% paid-up equity share capital of the company, for its shareholders. Shares of. Ahead of the ex-date, City Union Bank closed with more than one per cent gain to Rs 162.80 per share on the BSE on Monday. The company has fixed the record date for Rs 1 dividend as on August 11. Source: Pixabay
NTPC dividend 2022
Shares of this government electric utilities company ended higher by more than two per cent to Rs 159.20 per share on the BSE on Monday. The company has declared a final dividend of Rs 3 per share for shareholders. NTPC dividend record date is August 11. Source: Pixabay
GE Shipping Company dividend 2022
This shipping company has declared an interim dividend of Rs 5.4 per share at 54% paid-up equity share capital of the company. The Board of Directors of the company has finalised August 11 as the record date. Shares of GE Shipping Company ended with a two and half per cent gain at Rs 519.85 on the BSE on Monday. Source; Pixabay
Sansera Engineering dividend 2022
Auto components and equipment maker has announced Rs 2 per share as final dividend for shareholders. The Board of Directors of Sansera Engineering has fixed August 12 as the record date. Shares of Sansera Engineering gained one per cent to Rs 749.15 on the BSE on Monday. Source: Pixabay
Vaibhav Global dividend 2022
The company has announced an interim dividend of Rs 1.5 per share. This gems jewellery and watch maker company has fixed August 11 as the record date for dividend distribution. Shares ended flat to Rs 303.50 on the BSE ahead of the ex-date on Wednesday. Source: Pixabay
Kalyani Forge dividend 2022
Casting and Forgings company shares gained more than four per cent in Monday's closing on the BSE to Rs 190.50 per share. The company has declared a final dividend of Rs 3 per share. The record date for Kalyani Forge dividend distribution is August 12. Source: Pixabay