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The Indian domestic indices have been volatile as the fears of a recession in the US have crippled investors. While due to the volatility the capital appreciation might have slowed, here are some stocks that will pay dividends soon and will act as a passive source of income for the investors: 

Gujarat Fluorochemicals Ltd 

CMP: ₹ 3,650 

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  • Ex-dividend date: September 21st, 2022 
  • Dividend Type: Final 
  • Dividend per share: ₹ 2 
  • Face Value: ₹ 1 
  • Dividend as a percentage of face value: 200% 
  • Dividend yield: 0.11% 

Ambika Cotton Mills Ltd 

CMP: ₹ 1,781 

  • Ex-dividend date: September 21st, 2022 
  • Dividend Type: Final 
  • Dividend per share: ₹ 35 
  • Face Value: ₹ 10 
  • Dividend as a percentage of face value: 350% 
  • Dividend yield: 1.96% 

Gujarat Alkalies and Chemicals Ltd 

CMP: ₹ 912

  • Ex-dividend date: September 21st, 2022 
  • Dividend Type: Final 
  • Dividend per share: ₹ 10 
  • Face Value: ₹ 10 
  • Dividend as a percentage of face value:100% 
  • Dividend yield:1.09% 

Bajaj Holdings & Investment Ltd 

CMP: ₹ 6,939 

  • Ex-dividend date: September 22nd, 2022 
  • Dividend Type: Interim 
  • Dividend per share: ₹ 110 
  • Face Value: ₹ 10 
  • Dividend as a percentage of face value: 1100% 
  • Dividend yield: 1.66% 

Polyplex Corporation Ltd 

CMP: ₹ 2,048

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  • Ex-dividend date: September 22nd, 2022
  • Dividend Type: Final 
  • Dividend per share: ₹ 21 
  • Face Value: ₹ 10 
  • Dividend as a percentage of face value: 210%
  • Dividend yield: 5.08% 

Gujarat Mineral Development Corporation Ltd 

CMP: ₹ 150 

  • Ex-dividend date: September 22nd, 2022
  • Dividend Type: Final 
  • Dividend per share: ₹ 4.3 
  • Face Value: ₹ 2 
  • Dividend as a percentage of face value:215%
  • Dividend yield: 2.85 % 

Patanjali Foods Ltd 

CMP: ₹ 1,334 

  • Ex-dividend date: September 23rd, 2022
  • Dividend Type: Final 
  • Dividend per share: ₹ 5 
  • Face Value: ₹ 2 
  • Dividend as a percentage of face value: 250%
  • Dividend yield: 0.38% 

Hinduja Global Solutions Ltd 

CMP: ₹ 1,382 

  • Ex-dividend date: September 23rd, 2022
  • Dividend Type: Final 
  • Dividend per share: ₹ 25 
  • Face Value: ₹ 10 
  • Dividend as a percentage of face value:250%
  • Dividend yield: 15.92% 

Written by Anoushka Roy

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.

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