Stock Dividend: Last chance to earn upto 360% dividend from these 11 shares! Check record date, dividend per cent
Stock Dividend: Around 11 stocks have fixed their record date this week. Stock dividend is basically rewarding shareholders without reducing the cash balance of the company. A portion of the company's profit is distributed to its shareholders either as an interim dividend or final dividend. Let's take a quick look at the stocks:
Stock Dividend
Tech Mahindra The Mahindra group company declared special dividend of 360 per cent to its shareholders. The company announced a special dividend of Rs. 18/- per equity share of Rs. 5/- each. Pic: Pixabay The record date has been set as November 10. The special dividend will be paid to equity shareholders of the company on November 24. The stock will trade ex-dividend on November 9. Pic: Pixabay
Stock Dividend
Rec Ltd The company declared an interim dividend of Rs 5 per share for the financial year 2022-23. The company set the record date on November 9. The interim dividend shall be dispatched on November 24. Pic: Pixabay
Stock Dividend
Supreme Industries The company has declared an interim dividend of 300 per cent i.e., Rs 6/- per Share at a face value of Rs 2 apiece. The record date is set as November 9. The stock will start trading ex-dividend on November 7. Pic: Freepik
Stock Dividend
Supreme Petrochem The company has declared an interim dividend of 100 per cent (Rs 4) for the fiscal year 2022–23. The company's record date will be November 9. The stock will begin trading ex-dividend from today, November 7. Pixabay
Stock Dividend
LT Foods The company has declared an interim dividend of Re. 0.50 per share on equity shares of Re. 1 per share for the financial year 2022-23. November 11 has been set as the record date. The stock will trade ex-dividend on November 10. Pic: Pixabay
Stock Dividend
Share India Securities The company has declared its second interim dividend of Rs. 2.00/- per equity share of Rs. 10/- each for the financial year 2022-2023. The record date has been fixed as November 11. The ex-date is November 10. Pic: Reuters
Stock Dividend
Dalmia Bharat The company has declared an interim dividend at the rate of Rs. 4/- (200%) per equity share on 18,74,68,673 equity share of Rs. 2/- each for the financial year 2022-23. November 11 is set as the record date. The stock will trade ex-dividend on November 10. Pic: Pixabay
Stock Dividend
Nicco Parks The company has announced a second interim dividend at a rate of 40 per cent per share, or 0.40 paise per share. The record date for the payment of the 2nd interim dividend is November 14. The stock will begin trading ex-dividend on November 14. The company anticipates paying the dividend to the shareholders on or before December 2. Pic: Pixabay
Stock Dividend
Siyaram Silk The company has declared the first interim dividend of Rs. 4/- (200%) per equity share on the paid-up equity shares of Rs. 2/- each, for the fiscal year 2022–23. The company has set November 14 as the record date. The payout date is set as November 23. the stock shall trade ex-dividend on November 11. Pic: Pixabay
Stock Dividend
GMM Pfaudler Ltd The company has approved the payment of an interim dividend at Rs 1/- per share. November 14 is set as the record date of an interim dividend of INR 1/- per Equity Share, date of payment will be on or before November 30, 2022. Pic: Pixabay
Stock Dividend
Ajanta Pharma The company has an interim dividend of Rs 7 per equity share (350 per cent) with a face value of Rs 2 per share. The record date has been set by Ajanta Pharma as November 14. The dividend payment will take place on or after November 24. Ajanta Pharma will thus go ex-dividend on November 11. Pic: Reuters