Dividend Stocks: It is going to rain dividends in the stock market next week. Many leading companies of Dalal Street will issue interim dividends in the week starting November 17. These include companies like Asian Paints, Info Edge, Ashok Leyland, Oil India, IRCTC, Cochin Shipyard and MRF. Investors’ eyes are now fixed on the record date and ex-dividend date of these companies.
The market will keep an eye on all these stocks next week regarding their record date and ex-dividend date.
1. Asian Paints
Asian Paints has announced an interim dividend of Rs 4,50 per share to its shareholders, The company has set the record date as November 18, The company said that dividend payment will start on or after November 27, ,
2. Info Edge
Naukri.com’s parent company Info Edge India is also going to go ex-dividend this week. The company will pay an interim dividend of Rs 2.40 on each share, the ex-date for which has been fixed as November 21.
3. Ashok Leyland
Auto sector giant Ashok Leyland has declared a dividend of Re 1 per share. Its record date has also been kept as 18th November and payment will be made before 11th December.
3. Ashok Leyland
Apart from these, IRCTC is also attracting investors. This railway company is giving a dividend of Rs 5 on every share, which is the highest in this list. Its ex-date will be 21st November.
4. Oil India
Oil India has announced a dividend of Rs 3.5 per share to its shareholders. The record date for this has been fixed as 21st November.
5. IRCTC
Apart from these, IRCTC is also attracting investors. This railway company is giving a dividend of Rs 5 on every share, which is the highest in this list. Its ex-date will be 21st November.
6. Cochin Shipyard
Cochin Shipyard, a defense sector government company, has declared an interim dividend of Rs 4 per share, the ex-date of which is fixed for November 18.
7. MRF
Veteran tire company MRF Limited is also bringing a dividend of Rs 3 per share for its investors. For this, the ex-dividend date has been fixed as 21st November.
Also read- Promoter sold 16.4% stake of the company, shares still jumped, shares increased by 80% in one year
Disclaimer: The views and investment advice given by experts/brokerage firms on Moneycontrol are their own and not those of the website and its management. Moneycontrol advises users to consult certified experts before taking any investment decision.