Dividend Stocks: Nestle India, Muthoot Finance, Dhampur Sugar to go ex date soon — check out record date

Dividend Stocks: Shares Muthoot Finance, Nestle India and Dhampur Sugar will go ex-date for dividend this week. Typically, the price of a stock is adjusted when a company distributes dividend. Simply put, the stock trades without the benefit of the next scheduled dividend payment on the ex-dividend date. The price and the date are called the ex-dividend price and the ex-dividend date.

Check out details about the Muthoot Finance dividend, Muthoot Finance dividend, Dhampur Sugar dividend

Muthoot Finance dividend 2023 record date

Gold finance company Muthoot Finance will go ex-dividend on April 18. The company has considered and approved the payment of an interim dividend of Rs 22, with April 18 as the record date.

Muthoot Finance payment date

The company will pay out dividend within 30 days from the declaration date.  The company's filing read," The interim dividend will be paid to the shareholders within 30 days from the date of declaration."

Nestle India dividend 2023 record date

Nestle India, which makes Maggi instant noodles, will go ex-dividend on April 21.  

The FMCG giant has announced an interim dividend of Rs 27 per equity share with a face value of Rs 10, translating to a 270 per cent dividend and a final dividend of Rs 75 per equity share, translating to a 750 per cent for the financial year ended 31st December 2022

Nestle India's regulator filing said, "confirmed payment of two interim Dividends aggregating to Rs.145/- per equity share for the financial year 2022 and declared a final dividend of Rs 75 per equity share for the financial year ended 31st December 2022."

Nestle India has also fixed April 21 as the record date for the dividend. 

Also read- Top dividend stock: Seven companies that have rewarded investors with up to 2050% dividend recently

Nestle India dividend payment date 2023 

The company will pay out dividend on and from May 8, according to the filing.  

"Interim Dividend for the year 2023 will be paid on and from 8th May along-with the final dividend for the year 2022," the company's filing said. 

Dhampur Sugar dividend 

Dhampur Sugar Mills, a sugarcane processing company, will trade ex-date on the exchanges on April 18.

The company declared an interim dividend of 50 per cent which is Rs 5 per equity share of Rs 10 each and a special dividend of 10 per cent which is Rs 1 per equity share of Rs 10 each.

Dhampur Sugar dividend record date

The sugar company has fixed April 18 as the record date.

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