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Share Market News: The next few days are going to be great for investors looking for opportunities to earn from the stock market. Shares of many companies are going to be Ex-Dividend Stocks during the business week starting from Monday. In such a situation, investors have a few days to include these shares in their portfolio, so that they can get the benefit of dividend.
First of all, let us tell you that the ex-dividend date is the date when the company adjusts the price of equity shares for the payment of dividend. This date is usually one or two working days before the record date. Similarly, record date is the date till the end of which the shareholders who come in the list of the company get the benefit of dividend.
Anupam Rasayan India
This specialty chemical company is going to pay a dividend of Rs 1.5 per share. The company has fixed May 15 as the record date for payment of this dividend. This share will be ex-dividend on 15th May itself. It gained 3 per cent last week. It has gained 71 per cent so far this year.
Sula Vineyards
It is India’s largest wine producer company. This company is going to pay a dividend of Rs 5.25 per share. This stock will also become ex-dividend on 15th May. This is also the record date for the dividend. This company entered the market in December last year and since then it has gained 22 per cent.
Tata Coffee & Tata Consumer Products
Tata Group’s Tata Coffee is going to pay a dividend of Rs 3 per share. The company has fixed the record date on May 15 and on this date it will become ex-dividend. On the other hand, Tata Consumer Products will pay a dividend of Rs 8.45 and will be ex-dividend on May 19.
GM Breweries
This country liquor maker has announced a dividend of Rs 6 per share. This company has fixed the record date on May 16 and on this date this share will become ex-dividend. In the last one year, the price of its shares has increased by more than 7 percent.
HDFC and HDFC Bank (HDFC & HDFC Bank)
HDFC Limited is going to pay dividend to its investors at the rate of Rs 44 per share. This share will be ex-dividend on 16 May 2023. HDFC Bank will also go ex-dividend on May 16. It has declared a dividend at the rate of Rs 19 per share.
Colgate-Palmolive India
The company has declared a dividend at the rate of Rs 21 per equity share. The company has fixed the record date on 20 May. This share will be ex-dividend on 19th May.
Home First Finance Company India
This housing finance company is going to pay a dividend of Rs 2.60 per share. The company has fixed May 19 as the record date for payment of dividend. This share will also become ex-dividend on the same day.
JM Financial
JM Financial Company has declared dividend at the rate of Rs 0.90 per share. This share will also be ex-dividend on 19th May.
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)
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