Dividend stocks March 29: SBI Card, Hindustan Zinc to trade ex date

Dividend stocks March 27: Hindustan Zinc, SBI Card and Brand Concepts will trade ex dividend date and today, March 29, according to the NSE website. Typically, the stock price is adjusted when a company distributes dividend, split equity shares or issue bonus.

Dividend stocks March 27: Hindustan Zinc, SBI Card and Brand Concepts will trade ex dividend date today, March 29. Image: Pixabay

Dividend stocks March 27: Hindustan Zinc, SBI Card and Brand Concepts will trade ex dividend date today, March 29, according to the NSE website. Typically, the stock price is adjusted when a company distributes dividend, split equity shares or issue bonus.

Hindustan Zinc dividend 2023 record date

Vedanta group company Hindustan Zinc has announced an interim dividend of Rs 26 per equity share i.e. 1300 per cent on face value of Rs 2 per share for the current fiscal.

The stock will trade ex date today, March 29. Hindustan Zinc has also fixed the record date for the payment of the fourth interim dividend as March 29.

Hindustan Zinc dividend payment Date

The dividend amount will be credited directly into the shareholders' bank account linked to their Demat account on the payment date.

"The fourth interim dividend will be paid within stipulated timelines as prescribed under law," the filing said.

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SBI Card dividend

SBI Cards and Payment Services has announced a dividend of Rs 2.5 per share of face value of Rs 10.

The stock will trade ex date today, March 29. The company has already fixed March 29 as the record date for the payment its second interim dividend.

SBI Card dividend payment Date

The dividend amount will be credited directly into the shareholders' bank account linked to their Demat account on the payment date. The payment date shall be April 19.

"The said Interim Dividend will be credited/dispatched on or before April 19, 2023," the filing said.

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Brand Concepts share dividend

Brand Concepts has announced a dividend of Rs 0.50 per equity share of face value of Rs 10 i.e., 5 per cenr for the current fiscal.

The stock trades ex date, March 29. The record is also fixed as March 29.

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Brand Concepts dividend payment date

The payment date shall be April 16.

"The dividend will be remitted on Monday, 16 April, 2023 to the equity shareholders of the Company whose name is appeared on the record date which is 29th March 2023," the filing said.