Dividend stocks (April 18): Muthoot Finance, Dhampur Sugar go ex-date

Dividend, Demerger Stocks, April 18: Muthoot Finance and Dhampur Sugar go ex-date for dividend and Allcargo Logistics ex-date on Tuesday, April 18. Typically, the price of a stock is adjusted when a company distributes a dividend. Simply put, the stock trades minus the price of the next scheduled dividend payment on an ex-dividend date. The price and the date are called the ex-dividend price and the ex-dividend date respectively.

Muthoot Finance dividend: Record date

The gold finance company considered and approved the payment of an interim dividend of Rs 22 with April 18 as the record date.

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Dhampur Sugar dividend: Record date 

Dhampur Sugar Mills go ex-dividend on the exchanges on  April 18. The sugarcane processing company declared an interim dividend of 50 per cent (Rs 5 per equity share of Rs 10 each) and a special dividend of 10 per cent (Re 1 per equity share of Rs 10 each), with April 18 as the record date.

Allcargo demerger record date 

According to Allcargo Logistics's regulatory filing, one fully paid-up equity share of the face value of Rs 2 each of resulting company 1 and resulting company 2, respectively, are proposed to be issued and allotted to the eligible shareholders of the company whose names appear in the register of members of the company as on the demerger record date, for every one fully paid-up equity share of the face value of Rs 2 each held in the demerged company. 

April 18 has been fixed as the record date. 

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