5 companies that have recently announced dividends are turning ex-dividend this week. The ex-dividend date refers to the business day before the record date. Investors who buy the shares on the ex-dividend date or later are ineligible to receive dividends.
Here’s a list of five companies that are about to turn ex-dividend this week:
Gateway Distriparks
- Dividend per share: ₹ 1.25 (12.5% of the face value of ₹10)
- Dividend yield:1.69%
- Ex-dividend date: 4th May 2022
- Record date: 5th May 2022
- Type: First interim dividend
Sarda Energy & Minerals
- Dividend per share: ₹ 7.50 (75% of the face value of ₹10)
- Dividend yield:0.62%
- Ex-dividend date: 4th May 2022
- Record date: 5th May 2022
- Type: Interim dividend
Colgate-Palmolive (India)
- Dividend per share: ₹ 21 (2100% of the face value of ₹1)
- Dividend yield: 2.31%
- Ex-dividend date: 5th May 2022
- Record date: 7th May 2022
- Type: Second interim dividend
Vedanta
- Dividend per share: ₹ 31.5 (3150% of the face value of ₹1)
- Dividend yield: 11.14%
- Ex-dividend date: 6th May 2022
- Record date: 9th May 2022
- Type: First interim dividend
Crisil
- Dividend per share: ₹ 7 (700% of the face value of ₹1)
- Dividend yield: 1.24%
- Ex-dividend date: 6th May 2022
- Record date: 9th May 2022
- Type: Interim dividend
Note: The markets are closed on the 7th and 8th of May, due to a weekend. Therefore the companies that have a record date of 9th May 2022 will turn ex-dividend on 6th May 2022.
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
