Dividend Paying Stocks: As stock market investors gear up for the Muhurta trading session today at 6:15 pm, they are advised to look into other avenues of revenue from their stock holdings as long term investors are getting buyback of shares. , Bonus share issue, Interim provides additional income. And final dividend, rights issue etc. In this brief week for the stock markets, a good number of stocks are going to trade ex-dividend.
Here we list the details dividend paying stock Those in focus this week:
1]Scient: The board of directors of this multinational tech company has fixed October 27, 2022 as the record date for interim dividend payment for the financial year 2022-23. So, the stock is going to trade ex-dividend on 25th October 2022 or on Tuesday this week as 26th October will be the stock market holiday for Diwali Balipratiprada. The board of the company has already approved the interim dividend of 10 per equity share. The tech company also announced that the interim dividend would be paid by 9 November 2022.
Informing the Indian stock market exchanges about the record date for payment of dividend, Cyient Limited said, “It is informed that the Board of Directors of the Company has approved an interim dividend of Rs.10/- per equity share (i.e. 200%)”. 5 per share for the financial year 2022-23,” further, it is to inform that 27 October 2022 has been fixed as the record date for the above purpose and the dividend will be paid on 9 November 2022. will be done till ,
2]ICICI Lombard: The Board of Directors of this insurance company has fixed 28 October 2022 as the record date for payment of dividend. company board announced 4.50 dividend per share to its eligible shareholders. Dividend will be paid on ex-date basis, which means ICICI Lombard shares will trade ex-dividend on 27 October 2022.
Informing Indian exchanges about the dividend payment approval, ICICI Lombard said, “Regulations 30, 33, 52 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) In accordance with the provisions, we would like to inform you that the Board of Directors of the Company in its meeting held today i.e. Tuesday, the 18th October, 2022 has, inter alia, announced an interim dividend @ Rs.4.50/- per equity share i.e. Rs. has approved the declaration and payment. 45.0% of the face value of Rs 10 for the financial year ended March 31, 2023. Interim dividend shall be paid to the equity shareholders of the company, whose names are in the register or on record of the members of the company Records of the Depository as beneficial owners of the shares as on the date i.e. Friday, October 28, 2022. Interim dividend will be paid to the equity shareholders on or before Wednesday, November 16, 2022.
3]Infosys: Indian IT major has declared interim dividend of 16.50 per equity share for its eligible shareholders. The Board of Directors of the Company has declared the Interim Dividend Record Date as 28 October 2022 on ex-date basis. This means that the shares of Infosys will trade ex-dividend on 27 October 2022 i.e. Thursday this week.
“We would like to inform you that the Board of Directors of Infosys Limited (the “Company”) (“Board”) at its meeting declared an interim dividend of 16.50/- per equity share. Infosys said in its exchange communication, October 28, 2022 has been set as the record date for interim dividend and November 10, 2022 as the payment date.
4]Focus Business Solutions: The small-cap company has declared an interim dividend of 0.38 per equity share for its eligible shareholders. The company has also announced the record date of dividend payment 27 October 2022 i.e. on Thursday this week. The company has revised its record date for interim dividend payment.
“In accordance with the provisions of Regulations 30 and 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, you are informed that the Board of Directors of the Company at its meeting held today, Monday, October 17, 2022, 703 At the Registered Office of the Company, Rajhans Complex, NR Kadiwala School, Ring Road, Surat-395002, inter alia: 1. First Interim Dividend of Rs.0.38 per Equity Share i.e. 3.8 is considered and accepted for the financial year. An amount of Rs 8.44 lakh at a face value of Rs 10/- per share for 2022-23. Please note that the record date for the purpose of determining the eligibility of equity shareholders for the said dividend, if declared, is Thursday, 27 being fixed as of October, 2022,” the small-cap company said.
5]KPI Green Energy: The small-cap company has declared 31 October 2022 as the record date for interim dividend payment on ex-date basis. This means that the small-cap stock will trade ex-dividend on 28 October 2022 i.e. Friday this week. The small-cap company has declared interim dividend of 0.25 per equity share after 0.30 per equity share dividend in August 2022.
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