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Dividend stocks: Kalyan Jewellers, IREDA among over 150 stocks turning ex-record date this week. Do you own any?
To be eligible for these corporate actions, investors must hold the shares in their demat accounts as of the respective record dates. The list is tentative, as more companies may announce record dates for dividends during the week.
Here is the day-wise list of corporate actions to watch out for this week:
September 7 (Monday)
Texmaco Infrastructure and Holdings will pay a dividend of Rs 0.15 per share to its eligible shareholders, while GeeCee Ventures will pay Rs 2 per share. Transpek Industry meanwhile will pay a final dividend of Rs 20 per share.
September 8 (Tuesday)
At least 11 companies have fixed Tuesday as the record date for their respective dividends. APL Apollo Tubes accounts for the highest dividend payouts among them, as the company is set to pay a dividend of Rs 8.5 per share. KDDL will pay Rs 8 per share, while Globus Spirits will pay a dividend of Rs 6.53 per share.Tinna Rubber and Infrastructure will pay Rs 3.25 per share, while each of Polyplex Corporation and Valplast Technologies will pay Rs 1 per share. Other companies that have fixed Tuesday as the record date for their respective dividends include Bhandari Hosiery Exports (Rs 0.01 per share), BLS E-Services (Rs 0.5 per share), Rushil Decor (Rs 0.05 per share) and Sinclairs Hotels (Rs 0.1 per share).
September 9 (Wednesday)
At least 17 companies have set Wednesday as the record date for their respective dividends. Force Motors accounts for the highest single dividend payout on the day, with the company set to pay a final dividend of Rs 50 per share. Empire Industries will pay a total of Rs 50 per share through a special dividend of Rs 25 per share alongside a final dividend of Rs 25 per share.
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) will pay a final dividend of Rs 21 per share, while Naperol Investments will pay Rs 16.48 per share. Travel Food Services will issue a dividend of Rs 10.25 per share, followed by Jyoti Resins & Adhesives at Rs 9 per share and Associated Alcohols & Breweries at Rs 2 per share.
Acknit Industries will pay Rs 1.5 per share, while each of Century Plyboards (India), National Fittings, Perfectpac, Shree Digvijay Cement Company, and Worth Peripherals will pay Rs 1 per share. JBM Auto will pay a dividend of Rs 0.85 per share, while Kronox Lab Sciences and WEP Solutions will each pay Rs 0.5 per share. Other companies turning ex-dividend on Wednesday include Aastha Spintex (Rs 0.1 per share).
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September 10 (Thursday)
At least 18 companies have designated Thursday as the record date for their respective dividends. TVS Srichakra accounts for the highest payout of the day, as the company will pay a final dividend of Rs 37.8 per share. Ganesha Ecosphere will pay Rs 3.5 per share, followed by Divgi Torqtransfer Systems at Rs 3.27 per share.
Apex Frozen Foods and Radiant Cash Management Services will each pay Rs 2.5 per share, while Elnet Technologies and Zee Entertainment Enterprises will pay Rs 2 per share. Linc, Power Mech Projects, and Valiant Communications will each pay Rs 1.5 per share, while Chemcrux Enterprises, M&B Engineering, and Sicagen India will pay Rs 1 per share.
Other companies turning ex-dividend on Thursday include Indsil Hydro Power and Manganese (Rs 0.6 per share), Grauer & Weil (India) (Rs 0.5 per share), Harshdeep Hortico (Rs 0.25 per share), Indoco Remedies (Rs 0.2 per share), and JMJ Fintech (Rs 0.15 per share).
September 11 (Friday)
More than 100 companies have fixed Friday as the record date for their respective corporate actions and dividends. Apar Industries accounts for the highest single dividend payout of the day, as the company will pay a final dividend of Rs 60 per share. CSL Finance will pay Rs 10 per share, followed by Gujarat Energy at Rs 8.9 per share, Banco Products (India) at Rs 8 per share, Heidelberg Cement India at Rs 7 per share, and Datamatics Global Services and Gujarat State Fertilizers & Chemicals (GSFC) at Rs 5 per share each.
Josts Engineering Company will pay a total of Rs 5 per share through a special dividend of Rs 3.75 per share alongside a final dividend of Rs 1.25 per share. Balmer Lawrie & Company will pay Rs 4.25 per share, DHP India will pay Rs 4 per share, Krishanveer Forge and Mold-Tek Packaging will each pay Rs 3 per share, and Amrutanjan Health Care will pay Rs 2.9 per share.
Finolex Industries will pay a total of Rs 2.75 per share through a special dividend of Rs 0.75 per share alongside a final dividend of Rs 2 per share. Kalyan Jewellers India, CMS Info Systems, NSDL and Metroglobal will each pay Rs 2.5 per share, followed by Astra Microwave Products at Rs 2.40 per share, Balmer Lawrie Investments at Rs 2.27 per share, and Asahi India Glass, Chalet Hotels, Medi Assist Healthcare Services, and Advait Energy Transitions at Rs 1-2 per share each.
Lincoln Pharmaceuticals will pay Rs 1.80 per share, while Abirami Financial Services, Dutron Polymers, Dynemic Products, IRM Energy, and Krystal Integrated Services will each pay Rs 1.5 per share. Blue Jet Healthcare will pay Rs 1.20 per share, while Aarti Industries, Bharat Parenterals, Competent Automobiles, Dynamic Industries, GSP Crop Science, HBL Engineering, and Haryana Leather Chemicals will pay Rs 1 per share each.
Indian Renewable Energy Development Agency (IREDA) and Mangal Credit and Fincorp will pay Rs 0.75 per share, among other stocks.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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