Adani Stocks Dividend 2024: Adani Group‘s five companies will trade ex-dividend next week, from June 10 to June 16. Gautam Adani-owned enterprises like ACC Cements, Adani Enterprises, Adani Ports and Special Economic Zone, Ambuja Cements, and Adani Total Gas will go for the ex-date or record date next week. The ex-date or record date allows a company to identify which shareholders are eligible for the next dividend distribution.
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ACC Cements
ACC Limited has declared a 75% dividend payout on each shares for fiscal year 2023-24. This corresponds to Rs 7.50 each equity share with a face value of Rs 10 apiece. The company has set June 14 as the dividend’s ex-date and record date. The dividend will be paid to stockholders on or after July 1, 2024.
Adani Enterprises
The board of directors of Adani Enterprises has declared a dividend of Rs 1.30 per share. At a face value of Rs 1 per share, the dividend amounts to 130 percent per equity share. According to material provided with the bourses, the Gautam Dani-led company has set up Friday, June 14, 2024 as the ‘Record Date’ for assessing the members’ eligibility to collect the dividend.
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Adani Ports and Special Economic Zone
The board of directors of APSEZ has approved a 300 percent dividend per equity share for Q4 FY24. Dividends are always computed and paid based on the face value of each stock. The current face value of Adani Ports and Special Economic Zone shares is Rs. 2. Thus, the 300 percent dividend equals Rs 6. According to the regulatory filing on BSE, Adani Ports has set Friday, June 14, 2024 as the record date.
Ambuja Cements
Ambuja Cements said that at the meeting, the board proposed a dividend of Rs 2 per share with a face value of Rs 2. Ambuja Cements has set Friday, June 14, 2024, as its record date.
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Adani Total Gas
Adani Group has issued its last dividend for the fiscal year 2024. The company’s board has also proposed a dividend of Re 0.25 per Equity Share with a face value of Re 1 fully paid-up for the fiscal year 2023-24. The record date for determining who is entitled to receive the dividend has been set by the Adani Total Gas board as Friday, June 14, 2024.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
