Dividend-paying Stocks: Share Market will resume trading on Monday for a brand-new week session after a major benchmark reached a new all-time high last week. Four companies will trade ex-dividend in the session that follows this week. These four equities consist of two multibagger stocks.
Here, we provide complete information on such dividend-paying stocks:
One of the multibagger stocks the Indian stock market has created recently is Panchsheel Organics, a chemical company. The 5th of December 2022 has been set as the record date for dividend payments by the board of directors of this multibagger stock. According to data on the BSE website, the small-cap stock will also trade ex-dividend on December 5, 2022.
“We would like to inform you that the Board of Directors of the Company at its meeting held today has, among other things, 1] Approved the unaudited Financial Results of the Company for the quarter and half year ended September 30, 2022. This action was taken in accordance with the provisions of Regulations 30, 33, and all other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2] For the fiscal year that ends on March 31, 2023, an interim dividend of Rs. 0.80 per share on equity shares with a face value of Rs. 10/- was declared.”
The small-cap business has disclosed to the Indian stock exchanges that the dividend would be paid to the entitled Members on or before Wednesday, December 14, 2022.
The Record Date for establishing the Members’ Eligibility for Such Interim Dividend has been set by the Board of Directors as Monday, December 5, 2022, according to Panchsheel Organics Ltd.
2] Hinduja Global: This mid-cap stock, which will trade ex-dividend this week, is one of the multibagger companies. The company’s board of directors set the 8th of December 2022 as the record date for the payment of a $5 interim dividend due for the fiscal year 2022–2023.
The mid-cap business announced an interim dividend to Indian bourses, claiming, “At its meeting today, the Board of Directors decided a second interim dividend of Rs. 5 per share (or 50% of each share’s face value of Rs. 10), payable on December 8, 2022, as the “Record Date” for this interim dividend. Within 30 days of the declaration date, the aforementioned dividend of 5 per share is to be paid to the qualified Company Members.”
3] Aptus Housing Finance: This financial institution’s stock will cease trading as a dividend on December 8, 2022. The financial company’s board of directors set the ninth day of December 2022 as the record date for the payment of interim dividends.
The Board has set Friday, December 9, 2022 as the “Record Date” for the purpose of determining the eligibility of shareholders for payment of Interim Dividend, according to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the dividend paying company said.
4] Canfin Homes: On December 8, 2022, this financial institution’s stock will cease trading as a dividend. The company’s board of directors set the ninth day of December 2022 as the record date for the payment of interim dividends. The business will issue an interim dividend based on the ex-date.
Can Fin Homes stated in an exchange message that “the Board has designated December 9, 2022, Friday as the “Record Date” to establish the list of eligible members for the payment of Interim Dividend.
