This week, a number of equities are expected to go ex-dividend.
These equities include Asian Paints, Indian Hotels, Tata Power, HDFC AMC, and others.
Some of them have provided excellent returns—up to 230%—along with generous dividend yields, but others have provided flat or even negative returns over the past 12 months.
The day that equity share prices are changed to reflect dividend payments is known as the ex-dividend date. Usually, it takes place one or two business days before the record date.
Dividends will only be paid to shareholders whose names are on the company’s list at the end of the record date.
For the forthcoming ex-dividend dates, the stocks and their dividend distribution information are shown below:
Shyam Metalics and Energy Ltd
Dividend: Rs 1.8
Ex-Dividend Date: 05-June
Shyam Metalics and Energy Ltd is a significant integrated metal-producing firm in India.
SKM Egg Products Export (India) Ltd
Dividend: Rs 2
Ex-Dividend Date: 05-June
SKM Egg Products Export (India) Ltd is an important participant in the egg and egg product market.
Nelco Ltd
Dividend: Rs 2
Ex-Dividend Date: 06-June
Nelco Ltd is a premier supplier of cutting-edge technological solutions for satellite communications, defence, and surveillance.
Prime Securities
Dividend: Rs 2
Ex-Dividend Date: 06-June
Prime Securities is a reputable provider of financial services, providing a broad variety of investment and advisory services.
Marksans Pharma
Dividend: Rs 0.50
Ex-Dividend Date: 07-June
Marksans Pharma is a leading manufacturer and distributor of premium generic pharmaceutical formulations.
Optiemus Infracom Ltd
Dividend: Rs 1.50
Ex-Dividend Date: 07-June
Optiemus Infracom Ltd is a significant supplier of technological products and services in the telecom and business mobility sectors.
Seshasayee Paper & Board Ltd
Dividend: Rs 0.50
Ex-Dividend Date: 07-June
Seshasayee Paper & Board Ltd is one of India’s oldest and biggest producers of paper and paperboard.
Tata Power Ltd
Dividend: Rs 2
Ex-Dividend Date: 07-June
Tata Power is the largest integrated power firm in India and has a major presence in the production, transmission, and distribution of energy.
Uniparts India Ltd
Dividend: Rs 6
Ex-Dividend Date: 07-June
Uniparts India Ltd is a leading producer and provider of technical systems and solutions for the building and automotive sectors.
Bikaji Foods International Ltd
Dividend: Rs 0.75
Ex-Dividend Date: 08-June
Bikaji Foods International Ltd is an established maker of Indian snacks and sweets. They are famous for their extensive line of both traditional and cutting-edge culinary products.
Ponni Sugars (Erode) Ltd
Dividend: Rs 6.5
Ex-Dividend Date: 08-June
Ponni Sugars (Erode) Ltd is an integrated sugar producing firm.
QGO Finance Ltd
Dividend: Rs 0.10
Ex-Dividend Date: 08-June
QGO Finance Ltd provides both people and companies with a variety of financing options and financial solutions.
Asian Paints
Dividend: Rs 21.25
Ex-Dividend Date: 09-June
Asian Paints is one of the biggest paint and coatings producers in India and has operations in more than 20 nations worldwide.
Bhansali Engineering Polymers Ltd
Dividend: Rs 14, Re 1
Ex-Dividend Date: 09-June
Bhansali Engineering Polymers Ltd is a leading producer of tailored polymers and compounds.
Caplin Point Laboratories Ltd
Dividend: Rs 2
Ex-Dividend Date: 09-June
Caplin Point Laboratories Ltd is a pharmaceutical firm and is in the business of developing, producing, and selling generic pharmaceutical formulations.
Cigniti Technologies Ltd
Dividend: Rs 3
Ex-Dividend Date: 09-June
Cigniti Technologies Ltd is a pioneer in independent software testing and quality assurance services.
Dynamatic Technologies Ltd
Dividend: Rs 7
Ex-Dividend Date: 09-June
Dynamatic Technologies Ltd is a leading manufacturer of high-precision technical goods and services for the hydraulic, automotive, and aerospace sectors.
Elecon Engineering Co Ltd
Dividend: Rs 7
Ex-Dividend Date: 09-June
Elecon Engineering Co Ltd is a multifaceted engineering firm that creates, produces, and sells devices for industrial gears, power transmission, and material handling.
Elpro International Ltd
Dividend: Rs 0.23
Ex-Dividend Date: 09-June
Elpro International Ltd is a top producer of electronic goods and solutions for power, control, and industrial automation systems.
HDFC Asset Management Company Ltd
Dividend: Rs 48
Ex-Dividend Date: 09-June
HDFC Asset Management Company Ltd is one of the biggest and most reputable mutual fund providers in India and they provide a wide array of financial products and services.
Himadri Speciality Chemical Ltd
Dividend: Rs 0.25
Ex-Dividend Date: 09-June
Himadri Speciality Chemical Ltd is a top producer of carbon-based chemicals and their downstream derivatives, providing services to several sectors worldwide.
Indian Hotel Co. Ltd
Dividend: Rs 1
Ex-Dividend Date: 09-June
The Tata Group subsidiary Indian Hotel Co Ltd is a well-known hospitality firm that runs a series of opulent hotels and resorts both in India and internationally.
National Fertilizers Ltd
Dividend: Rs 1.53
Ex-Dividend Date: 09-June
National Fertilisers Limited (NFL) is an industry leader in fertiliser production and marketing in India
NRB Bearings Ltd
Dividend: Rs 4.1
Ex-Dividend Date: 09-June
NRB Bearings Ltd is an Indian business that specialises in the development, production, and distribution of precision bearings for a range of industrial applications.
Solar Industries India Ltd
Dividend: Rs 8
Ex-Dividend Date: 09-June
Solar Industries India Ltd is focused on producing and selling explosives and items connected to explosives.
Voltas Ltd
Dividend: Rs 4.25
Ex-Dividend Date: 09-June
Voltas Ltd is a top engineering and air conditioning firm in India which provides solutions for cooling, ventilation, refrigeration, and electro-mechanical projects.