Dividend stocks: Hindustan Zinz, Tata Metaliks, Goa Carbon among 5 stock that go ex-dividend today
As many as five stocks have started trading ex-dividend from Wednesday, July 20.
These stocks are Hindustan Zinc, Tata Metaliks, Goa Carbon, Dollar Industries, and Mahindra & Mahindra Financial services. A dividend is a reward or profit that a company offers to its shareholders. A dividend is decided by the board of directors and shareholders of the respective companies. Meanwhile, an ex-dividend date determines which shareholders will receive the announced dividend of the company on that specific date.
Hindustan Zinc dividend
The board of directors of the Hindustan Zinc had approved an interim dividend of Rs 21 per equity share on Wednesday. "We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Wednesday, July 13, 2022 have approved Interim Dividend of ~ 21 per equity share i.e. 1050% on face value of~ 2/- per share for the Financial Year 2022-23 amounting to~ 8873.17 Crores," Hindustan Zinc had said in a regulatory filing. Hindustan Zinc dividend record date has been fixed as July 21, 2022. Source: Pixabay
Tata Metaliks dividend 2022
This Tata Group company has announced a final dividend (@80%) of Rs 8 apiece for its shareholders. Tata Metaliks dividend record date is July 22. Source: Pixabay
Goa Carbon dividend
The Board of Directors of Goa Carbon has announced a final dividend at the rate of 100% of Rs 10 per share. The company has fixed the dividend record date for eligible shareholders as July 22. Source: Pixabay
Dollar Industries dividend
Dollar Industries has announced a final dividend (@150%) of Rs 3 per equity share. Dollar Industries dividend record date is July 22. Source: Pixabay
Mahindra & Mahindra Financial services dividend
The board of directors of Mahindra & Mahindra Financial services has recommended a dividend of Rs. 3.60 per equity share of face value of Rs. 2 each (i.e. 180%) for the financial year ended 31st March 2022. Mahindra & Mahindra Financial services dividend record date is July 22. Source: Pixabay