Share Market News: A part of Share Market Investors remains in search of Dividend Stocks. Dividend stocks refer to those stocks, which are known for earning their investors handsomely through dividends. This week also some such stocks are going to give an opportunity to their investors to earn through dividend. Some of these are well-known names.
First of all, let us tell you that there are two important dates related to dividend – Ex-Dividend Date and Record Date. 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, the record date is the date by which the shareholders listed in the company get the benefit of dividend.
Hindustan Zinc
It is a subsidiary of mining and metals conglomerate Vedanta Resources Limited. The company is going to pay a dividend of Rs 3.25 per share, for which the record date is 29 March. This share will be ex-dividend on March 29 itself. At the current share price, this is a dividend yield of 5.57 per cent. Its share closed at Rs 323.15 on BSE on Friday.
SBI Cards and Payment Services Ltd
This company for the financial year 2022-23 going to pay an interim dividend of Rs 2.50 per share of face value of Rs 10. This stock will also go ex-dividend on March 29. It stood at Rs 723 on the BSE on Friday.
Brand Concepts
The company is going to pay an interim dividend of Rs 0.50 per share of face value of Rs 10. . The company has fixed March 30 as the record date for paying dividend, but it will become ex-dividend only on March 29. Its current share price is Rs 210.40.
Angel One Ltd
Discount share broking company Angel One will declare interim dividend for the fourth time during the financial year 2022-23. is going. The company has declared an interim dividend of Rs 9.60 per share of face value of Rs 10. The company has fixed March 31 as the record date and on this date it will also become ex-dividend.
Crisil
Credit rating company Crisil has announced FY2022 For 23, it has been decided to pay an interim dividend at the rate of Rs 23 per share. This share will be ex-dividend on 31 March 2023. Crisil shares closed 2.23 per cent lower at Rs 3,050 on the BSE on Friday.
Indraprastha Gas Ltd
CNG and PNG distribution company IGL Ltd. For the year 2022-23, dividend has been declared at the rate of Rs 10 per equity share. The company has fixed the record date on March 31 and on this date this share will also become ex-dividend. On Friday, it closed at Rs 432, down 1.59 per cent on the BSE.
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