Tech Mahindra among 10 stocks to trade ex-dividend this week

[ad_1]

A dividend is the distribution of a company’s profits to its shareholders. When a company makes a profit or surplus, it can pay out a portion of the profit to shareholders in the form of a dividend. This week companies such as , , , , etc. will trade with a dividend. Here is the list:

Supreme Industries
Supreme Industries has declared a special dividend of Rs 6/- per share. The stock will trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend of Rs 18 per share. On Friday, the scrip was trading 1.63% higher at Rs 2,237.10, against the last day’s closing price of Rs 2,201.30.

Supreme Petrochem
Polystyrene polymer manufacturer and exporter Supreme Petrochem has declared an interim dividend of Rs 4 per share. The stock will trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend of Rs 14 per share. On Friday, the scrip was trading 1.21% higher at Rs 773.60 against the last day’s closing price of 764.35.

WORD
State-owned Maharatna REC has declared an interim dividend of Rs 5 per share. The stock will trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend of Rs 13.30 per share. On Friday, the scrip was trading 0.14% lower at Rs 103.95 against the last day’s closing price of 104.10. However, the stock is up about 14% year-to-date.

Tech Mahindra
IT major Tech Mahindra has declared a special dividend of Rs 18 per share. The record date is November 10, 2022. On Friday, scrip was trading 0.07% higher at Rs 1,053.70 against the last day’s closing price of 1,052.95. However, the stock has given a negative return of around 40% since the beginning of the year.

Publish

has declared an interim dividend of Rs 2 per share. The record date is November 11, 2022. In the past 12 months, the company has declared an equity dividend of Rs 7.20 per share. The shares will trade ex-dividend on 09 November 2022.

Dalmia Bharat

Indian conglomerate Dalmia Bharat has declared an interim dividend of Rs 4/- per share. The record date is November 11, 2022. In the past 12 months, the company has declared an equity dividend of Rs 9 per share. On Friday, the scrip was trading 5.43% higher at Rs 1,741.90 against the last day’s closing price of Rs 1,652.20. The stock is up about 20% over the past six months.

& Resorts

Nicco Parks & Resorts declared an interim dividend of Rs 0.40 per share. The record date is November 14, 2022. In the past 12 months, the company has declared an equity dividend of Rs 0.50 per share. On Friday, the scrip was trading 1.37% lower at Rs 111.90 against the last day’s closing price of 1.13.45. The stock is up about 77% in the last six months.

Siiaram Silk Mills

Composite fabric and apparel maker Siiaram Silk Mills has declared an interim dividend of Rs 4 per share. The record date is November 14, 2022. In the past 12 months, the company has declared an equity dividend of Rs 6.20 per share. On Friday, the scrip was trading 14.16% higher at Rs 540.50 against the last day’s closing price of Rs 473.45.

Glass-coated equipment maker GMM Pfaudler has announced an interim dividend of Re 1 per share. The record date is November 14, 2022. In the past 12 months, the company has declared an equity dividend of Rs 5 per share. On Friday, the scrip was trading 5.82% higher at Rs 1,974.30 against the last day’s closing price of 1,865.80.

Ajanta Pharma

Ajanta Pharma declared an interim dividend of Rs 7 per share. The record date is November 14, 2022. In the past 12 months, the company has declared an equity dividend of Rs 9.5 per share. On Friday, the scrip was trading 6.86% lower at Rs 1255.75 as against the last day’s closing price of Rs 1348.20.

[ad_2]

Source link