Dividend Stocks on July 11, 2024, Thursday: A total of 5 companies including Vimta Labs, Sinclairs Hotels, Route Mobile, Oriental Hotels, and Century Textiles & Industries Limited, will be in focus on account of their next corporate action. These companies will together pay Rs 10.50 dividend to the investors.
A dividend is a company’s reward to its investors for their investment in the business. It is paid in cash from earnings. A dividend is always calculated and paid on the face value of each stock.
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Century Textiles Dividend 2024
Century Textiles & Industries Limited has announced a 50 per cent dividend payment on each stock for the financial year 2023-24. This translates into Rs 5 per equity share on the face value of Rs 10. The Aditya Birla Group company has set July 11 as the ex-date and record date for the final dividend. Century Textiles & Industries Limited will pay the dividend to its shareholders later this month.
Vimta Labs Dividend 2024
Vimta Labs has announced a 100 per cent dividend payment on each stock for the financial year ended March 31, 2024. This translates into Rs 2 per equity share on the face value of Rs 2. The company has set July 11 as the ex-date for the final dividend. “The dividend will be paid to all the shareholders whose names appear in the register of members as on 12th July 2024, being the record date fixed for this purpose,” the company said in an exchange filing.
Route Mobile Dividend 2024
Route Mobile has announced a 20 per cent dividend payment on each stock for the financial year 2023-24. The company has set July 11 as the ex-date and record date for the final dividend. “If the Final Dividend as recommended by the Board of Directors is approved at the ensuing AGM, payment of such dividend will be made within 30 days from the date of approval by the Members,” the company said in a release.
Oriental Hotels Dividend 2024
Oriental Hotels has announced a 50 per cent dividend payment on each stock for the financial year 2023-24. The company has set July 11 as the ex-date and record date for the dividend. The dividend will be made on after July 25.
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Sinclairs Hotels Dividend 2024
Sinclairs Hotels has announced a 50 per cent dividend payment on each stock for the financial year 2023-24. This translates into Re 1 per equity share on the face value of Rs 2. The company has fixed July 11 as the record date and ex-date.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Officenewz suggests its readers/audience to consult their financial advisors before making any money related decisions.)
