Stock Dividend: Last chance to earn upto 360% dividend from these 11 shares! Check record date, dividend per cent
Stock Dividend: Tech Mahindra, the Mahindra group company declared special dividend of 360 per cent to its shareholders. Let's take a quick look at other stocks:
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:
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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
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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
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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
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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