Dividends represent a portion of a company’s profits distributed to its shareholders as a reward for their investment. These regular payments provide investors with a steady income stream and signal a company’s financial health and stability. Understanding dividend policies and trends is crucial for investors seeking income and long-term wealth accumulation.
Here are the five stocks that will trade ex-dividend in the coming week:
Indraprastha Gas Limited
Indraprastha Gas Limited (IGL business consists of sale of natural gas. The Company is focused on industrial and commercial business. The Company provides safe and uninterrupted gas supply through its extensive distribution network to transport, domestic, commercial, and industrial consumers.
With a market capitalization of Rs 30,793 crore, the shares closed at Rs 440 per share, increased around 0.69 percent as compared to the previous closing price. The company has a dividend yield of 2.04 percent.
The company has declared an interim dividend of Rs 5.5 per equity share, representing a 275 percent payout over the face value of Rs 2 per share, The dividend’s Record Date is November 12, 2024.
D-Link (India) Ltd
D-Link (India) Limited is an India-based networking company. The Company is engaged in designing and developing networking and connectivity products for consumers, small businesses, medium to large-sized enterprises, and service providers.
With a market capitalization of Rs 2,022 crore, the shares closed at Rs 570 per share, decreased around 0.78 percent as compared to the previous closing price. The company has a dividend yield of 1.41 percent.
The company has declared an interim dividend of Rs 5 per equity share, representing a 250 percent payout over the face value of Rs 2 per share, The dividend’s Record Date is November 12, 2024.
Amara Raja Energy & Mobility Ltd
Amara Raja Energy & Mobility Limited manufacturer of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. The Company is the manufacturer of automotive batteries and home uninterruptible power supply (UPS)/inverter batteries.
With a market capitalization of Rs 23,958 crore, the shares closed at Rs 1,309 per share, decreased around 0.13 percent as compared to the previous closing price. The company has a dividend yield of 0.77 percent.
The company has declared an interim dividend of Rs 5.3 per equity share, representing a 530 percent payout over the face value of Rs 1 per share, The dividend’s Record Date is November 14, 2024.
Indian Metals and Ferro Alloys Ltd
Indian Metals and Ferro Alloys Limited produces ferro chrome in India. It operates through three segments: Ferro Alloys, Power, and Mining. The Company has established two captive mines, located in Sukinda and Mahagiri in Jajpur, Odisha.
With a market capitalization of Rs 4,161 crore, the shares closed at Rs 771 per share, increased around 6.60 percent as compared to the previous closing price. The company has a dividend yield of 1.96 percent.
The company has declared an interim dividend of Rs 10 per equity share, representing a 0 percent payout over the face value of Rs 10 per share, The dividend’s Record Date is November 15, 2024.
Page Industries Ltd
Page Industries Limited manufacturing, sales and marketing, distribution, retail, and e-commerce company. The Company has a license of JOCKEY International Inc. (USA) for the manufacture, distribution, and marketing of the JOCKEY brand in India, Sri Lanka, and others.
With a market capitalization of Rs 52,360 crore, the shares closed at Rs 46,960 per share, increased around 4.11 percent as compared to the previous closing price. The company has a dividend yield of 1.18 percent.
The company has declared an interim dividend of Rs 250 per equity share, representing a 2500 percent payout over the face value of Rs 10 per share, The dividend’s Record Date is November 16, 2024.
Written by:- Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. 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.
