20 Oct 2023
It's dividend day in the stock market, and investors need to be in the know. A total of six stocks are trading ex-dividend today, with enticing offers for shareholders. If you have these stocks in your portfolio, it's time to check the calendar.
HCL Tech - A 600% Payout
HCL Technologies leads the pack with an impressive 600% payout. The IT major is offering an interim dividend of Rs 12 per equity share, which has a face value of Rs 2. Shareholders should mark October 20 as the record date for the interim dividend, with payments scheduled for October 31.
Angel One - A Generous 127% Payout
Angel One is also sharing the wealth with its shareholders. The broking house has declared an interim dividend of Rs 12.7 per equity share, each with a face value of Rs 10. That's a 127% payout to investors. Make sure to note October 20 as the record date.
Anand Rathi Wealth - A 100% Dividend
Anand Rathi Wealth is contributing to the dividend bonanza with a 100% payout. Shareholders will receive an interim dividend of Rs 5 per equity share, each having a face value of Rs 5. The record date is aligned with others – October 20.
Dalmia Bharat - A Generous 200% Payout for 2023-24
Dalmia Bharat is making a bold move by offering a 200% payout for the financial year 2023-24. Shareholders are entitled to a dividend of Rs 4 per equity share. The record date for determining dividend entitlement is set for October 21, Saturday.
KPI Green Energy - A Token of Appreciation
KPI Green Energy is joining the dividend club, providing a dividend of Rs 0.25 per equity share. With a face value of Rs 10, this token of appreciation is available for shareholders who meet the October 20 record date.
Madhya Bharat Agro - Bonus Equity Shares
Madhya Bharat Agro is not to be left out; it's offering a bonus to its shareholders. For every fully paid-up existing equity share of Rs 10 each held, shareholders will receive one new fully paid-up equity share of the same value - in a ratio of 1:1. The record date is set as October 20.
Dividend Stocks in the Spotlight
Dividend stocks are always a focal point for investors. Whether you're looking for regular income or a bonus to sweeten the deal, today's ex-dividend date for HCL Tech, Angel One, Anand Rathi Wealth, KPI Green Energy, Madhya Bharat Agro, and Dalmia Bharat is worth paying attention to.