Dividend Stocks on July 16, 2024, Tuesday: A total of 14 companies including Dr Reddy’s Laboratories, IDBI Bank, IDFC Limited, Lupin, and Nestle India, among others, will be in focus on account of their next corporate action. These companies will together pay Rs 94.15 dividends 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.
Read More: Stock Market Updates: Sensex Up Over 100 Points, Nifty Above 24,600; SpiceJet Jumps 6%
Dr Reddy’s Laboratories Dividend 2024
Dr Reddy’s Laboratories Limited announced a Rs 40 dividend payment for FY24. The company has set July 16 as the ex-date. It will observe a book closure date from July 17 to July 19.
Elegant Marbles and Grani Industries Dividend 2024
Elegant Marbles and Grani Industries Limited announced a Rs 2.75 dividend payment for shareholders. The company has set July 16 as the ex-date and will observe a book closure date from July 17 to July 23.
IDBI Bank Dividend 2024
IDBI Bank has announced a Rs 1.5 dividend payment for shareholders. The lender has set July 16 as the ex-date and record date.
Read More: Sahaj Solar IPO Allotment Today: A Step-by-Step Guide To Check Status, Know GMP Today
IDFC Limited Dividend 2024
IDFC Limited has announced a Re 1 dividend payment for the shareholders. The company has set July 16 as the ex-date and record date.
Lupin Dividend 2024
Lupin Limited has announced an Rs 8 dividend payment for the shareholders. The company has fixed July 16 as the ex-date and record date for the final dividend.
M&M Financial Services Dividend 2024
M&M Financial Services has announced a Rs 6.3 dividend payment for the shareholders. The company has fixed July 16 as the ex-date. The company will observe a book closure date from July 17 to July 23.
Nestle India Dividend 2024
Nestle India has announced a dividend of Rs 11.25 (Final dividend – Rs 8.50 and Interim dividend – Rs 2.75) for the shareholders. The maggie-maker has set July 16 as the ex-date and record date for both the dividends.
Read More: Sati Poly Plast IPO Receives 194.03x Subscription On Day 3 So Far, GMP Today
PIX Transmissions Dividend 2024
PIX Transmissions has announced Rs 7 dividend payment for the financial year 2023-24. The company has set July 16 as the ex-date and record date.
Punjab and Sind Bank Dividend 2024
Punjab and Sind Bank has announced a Re 0.20 dividend payment for each shareholder. The bank has set July 16 and July 17 as the ex-date and record date, respectively.
Rane Engine Valve Dividend 2024
Rane Engine Valve Limited has announced a dividend of Rs 5 for the fiscal year 2023-24. The company has fixed July 16 as the ex-date and record date for the final dividend.
Sakuma Exports Dividend 2024
Sakuma Exports has announced a Re 0.05 dividend payment for the financial year 2024. The company has set July 16 as the ex-date. It will observe a book closure date from July 18 to July 25.
Thirumalai Chemicals Dividend 2024
Thirumalai Chemicals Limited has announced Re 1 as the final dividend for the fiscal year 2023-24. The company has set July 16 as the ex-date. The book closure date is from July 18 to July 24.
TTK Healthcare Dividend 2024
TTK Healthcare Limited has announced a Rs 10 dividend payment for the shareholders. July 16 is the ex-date and the book closure is from July 18 to July 24.
Wires and Fabriks (SA) Dividend 2024
Wires and Fabriks (SA) Limited has announced a Re 0.1 dividend for the shareholders. The company has set July 16 as the ex-date and the book closure date is from July 17 to July 23.
(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.)