Upcoming Dividend Payouts: Stocks to Watch Out For
Maharashtra Scooters, IndusInd Bank, Bank of Baroda, and more companies are set to turn ex-dividend this week. Check out the list of stocks and their dividend payout details.
Dividend PayoutsEx DividendMaharashtra ScootersIndusind BankBank Of BarodaSwaraj EnginesBajaj HoldingsReal Estate MaharashtraJun 28, 2024
Maharashtra Scooters has announced a final dividend of Rs 60 per share, and the record date is today. Eligible shareholders will receive the dividend payout on July 27. Swaraj Engines has declared a final dividend of Rs 95 per share and will pay out the dividend on August 17. Bajaj Holdings has announced a final dividend of Rs 21 per share and will turn ex-dividend today, with the payout scheduled for July 29.
IndusInd Bank has announced a final dividend of Rs 16.50, and the actual payout will be made on March 9. Bank of Baroda has declared a dividend of Rs 7.60, and today is the record date for the same. The dividend in the BOB case will be paid on August 4.
Other companies that will turn ex-dividend today include RPG Life Sciences (Rs 16 per share dividend), GHCL (Rs 12 per share), Nippon Life India Asset Management Ltd (Rs 11 per share), Kalpataru Projects International Ltd (Rs 8 per share), Ksolves India Ltd (Rs 8 per share), REC (Rs 5 per share), and Welspun Corp (Rs 5 per share).
In other news, Avonmore Capital & Management Services will split its shares with a face value of Rs 10 into shares with face value of Rs 2 each. Godawari Power will turn ex-date for share buyback today.
It's essential for investors to keep track of these dividend payouts and record dates to ensure they receive their due payments. However, it's also crucial to consult with a qualified financial advisor before making any investment decisions.
Frequently Asked Questions
What does it mean when a stock turns ex-dividend?
When a stock turns ex-dividend, it means the company has set a date for dividend payment, and investors who purchase the stock on or after that date will not be eligible to receive the dividend.
How do I know if I'm eligible for a dividend payout?
Check if your name is in the company's records as a shareholder on the record date. If it is, you're eligible to receive the dividend.
What is a record date?
The record date is the date by which a company determines which shareholders are eligible to receive a dividend payout.
Can I sell my shares after the ex-dividend date and still receive the dividend?
No, if you sell your shares after the ex-dividend date, you will not be eligible to receive the dividend.
Do I need to do anything to receive my dividend payout?
No, the dividend payout will be automatically credited to your account if you're an eligible shareholder.
Tags:
Related News Articles
United Buildcon: Elevating Quality of Life with Affordable and Elegant Residential and Commercial Spaces
United Buildcon, a leading real estate company in Ahmedabad, is committed to redefining the standards of affordable luxury with innovative residential and commercial solutions.
RERA Norms for Realtors: Protecting Home Seekers and Sellers
The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, was introduced to bring transparency, accountability, and order to the real estate sector.
Devita Saraf, CEO of Vu Group, Shares Her Work-Life Balance Secrets
Discover how Devita Saraf, the dynamic Chairperson and CEO of Vu Group, manages to balance her demanding professional life with personal well-being.
NAR India Teams Up with UCO to Transform India’s Real Estate with National MLS
New Delhi, November 20: In a significant step to modernize India's real estate sector, the National Association of REALTORS® (NAR) India has partnered with UCO to launch a national Multiple Listing Service (MLS) initiative.
Water Supply Disrupted in Mumbai Due to 600 mm Pipeline Leak
A sudden leakage in the 600 mm diameter water pipeline supplying the Fosbery Reservoir in Mumbai has led to a disruption in water supply in areas like Sewri, Darukhana, and Indiranagar. The BMC is working on emergency repairs.
Buying UK Property Through Foreign Companies: A Closer Look
The practice of using foreign companies to purchase UK property is coming under increased scrutiny. Here’s what you need to know about the rules and regulations surrounding this method of investment.