Share Market Dividend Update: A section of investors in the stock market lays emphasis on earning from dividends. Next week also some such stocks are going to give their investors an opportunity to earn…
Share Market News: The round of March quarter results has started in the domestic stock market. Financial results of big companies like TCS, Infosys, HDFC Bank have been released. In the coming days, many small and big companies will release the figures of the last quarter of the last financial year.
Along with this, companies have started declaring dividends. Some companies are known for earning substantial income from dividends to the share market investors. If you also like to earn from shares, then this week is going to give you many opportunities. During this week, some stocks are going to give definite income to their investors.
The ex-dividend date of many stocks is going to come during this week. Ex-dividend date is the date on which the company adjusts the price of equity shares for the payment of dividend. This date is usually one or two working days before the record date. Similarly, record date is the date till the end of which the shareholders who come in the list of the company get the benefit of dividend.
Dhampur Sugar Mills Ltd.
This company, which manufactures products like sugar and ethanol, is going to pay an interim dividend of Rs 5 per share. Apart from this, the company will also give a special dividend of Rs 1-1 per share to its investors. The company has fixed April 18 as the record date for payment of this dividend. This share will be ex-dividend on 18th April itself. The company has given 60 per cent dividend in the last one year.
Muthoot Finance Ltd.
NBFC company Muthoot Finance Limited is going to pay an interim dividend of Rs 22 per share. This stock will be ex-dividend on 18th April. This is also the record date for the dividend. In Monday’s trading, this stock was trading near Rs 1,040 on BSE.
Huhtamaki India Ltd.
This company is going to pay an interim dividend of Rs 2 per share. Apart from this, the company is also going to pay a special dividend of Rs 1-1 per share. The company has fixed April 20 as the record date for paying dividend and on this date it will become ex-dividend. Right now the price of its one share is around Rs.215.
Thyrocare Technologies Ltd
Thyrocare Technologies Limited has declared an interim dividend of Rs 18 per share. This company has also fixed record date on 20th April and on this date this share will become ex-dividend. The company has given 150 per cent dividend in the last one year.
EID Parry India Ltd.
This company has decided to pay an interim dividend at the rate of Rs.4 per share. This share will be ex-dividend on 21 April 2023. The company has fixed the record date on 21st April itself. This company has declared a dividend of 1100 percent in the last one year.
Mold-Tek Packaging Ltd
The company has declared a dividend at the rate of Rs 02 per equity share. The company has fixed the record date on April 21 and on this date this share will also become ex-dividend.
Nestle India Ltd
FMCG company Nestle India is going to pay an interim dividend of Rs 27 per share and a special dividend of Rs 75 per share. The company has fixed April 21 as the record date for payment of dividend. This share will also become ex-dividend on the same day. In the last one year, the company has given a tremendous dividend of 2200 percent to its investors.
