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 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.

Also read- Top dividend stock: Six companies that have rewarded investors with 162.5-1,300% dividend recently

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.

Also read- Explained: What a dividend yield really is and how to calculate it

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. 

 Income Tax Return filing: General FAQs taxpayers should know

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. 

Sirca Paints Bonus 

The company's board will meet today, March 29 to consider the proposal for the issue of bonus shares.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com