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Share Market News: The bullish phase has returned in the domestic stock market for the last few sessions. It has earned a lot of money to the investors of the stock market. If you also like to earn from shares, then next week is going to give you many opportunities. During the next week, some stocks are going to give definite earnings to their investors.
We are talking about Dividend Stocks i.e. such stocks, which are known for earning substantial income from dividends to their investors. This week also some such stocks are going to give an opportunity to their investors to earn from dividend, because during this time the ex-dividend date of these shares is about to come.
Ex-dividend date is the date on which 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.
Schaeffler India Ltd
The auto parts maker is going to pay a dividend of Rs 24 per share, for which the record date is April 11. This share will be ex-dividend on 11th April itself. At the current share price, this is a dividend yield of around 0.75 per cent. Its stock had closed at Rs 3,047.00 on BSE on Thursday.
Varun Beverages Ltd.
FMCG company Varun Beverages Limited is going to pay an interim dividend of Rs 01 per share for the financial year 2022-23. This stock will be ex-dividend on 12th April. This is also the record date for the dividend. It had closed at Rs 1,396.95 on the NSE on Thursday.
Visaka Industries Ltd.
This company is going to pay an interim dividend of Rs 07 per share for the financial year 2022-23. The company has fixed April 12 as the record date for paying dividend and on this date it will become ex-dividend. Right now its one share price is around Rs.380.
Britannia Industries Ltd
FMCG company Britannia Industries Limited has announced an interim dividend at the rate of Rs 72. The company has fixed the record date on April 13 and on this date it will also become ex-dividend.
Edelweiss Financial Services Ltd.
This company has decided to pay an interim dividend at the rate of Rs 0.25 per share. This share will be ex-dividend on 13 April 2023. On Thursday, the stock had gained 1.30 per cent to close at Rs 54.75.
Goodluck India Ltd.
The company has declared a dividend at the rate of Rs 02 per equity share. The company has fixed the record date on April 13 and on this date this share will also become ex-dividend. On Thursday, it fell 0.90 per cent to close at Rs 419.45 on the BSE.
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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