Dividends have been a passive source of income for many. Investors make money from dividends even when stocks are trading sideways or are showing a downtrend. In this highly volatile market, here is a list of companies that are going to start trading ex-dividend this week:
Power Finance Corporation Ltd
- Ex-dividend date: September 1st, 2022
- Dividend Type: Interim
- Dividend per share: ₹ 2.25
- Face Value: ₹ 10
- Dividend as a percentage of face value: 22.50%
- Dividend yield: 118.50%
- CMP: ₹ 118.50
Bannari Amman Sugars Ltd
- Ex-dividend date: September 1st, 2022
- Dividend Type: Final
- Dividend per share: ₹ 10
- Face Value: ₹ 10
- Dividend as a percentage of face value: 100%
- Dividend yield: 0.36%
- CMP: ₹ 2,775
GIC Housing Finance Ltd
- Ex-dividend date: September 1st, 2022
- Dividend Type: Final
- Dividend per share: ₹ 4.5
- Face Value: ₹ 10
- Dividend as a percentage of face value: 45%
- Dividend yield: 3.13%
- CMP: ₹ 143
Lakshmi Mills Company Ltd
- Ex-dividend date: September 1st, 2022
- Dividend Type: Final
- Dividend per share: ₹ 25
- Face Value: ₹ 100
- Dividend as a percentage of face value: 25%
- Dividend yield: 0.55%
- CMP: ₹ 4,509
AIA Engineering Ltd
- Ex-dividend date: September 2nd, 2022
- Dividend Type: Final
- Dividend per share: ₹ 9
- Face Value: ₹ 2
- Dividend as a percentage of face value: 450% Dividend yield: 0.36%
- CMP: ₹ 2,525
APL Apollo Tubes Limited
- Ex-dividend date: September 2nd, 2022
- Dividend Type: Final
- Dividend per share: ₹ 3.5
- Face Value: ₹ 2
- Dividend as a percentage of face value: 175% CMP: ₹ 980
TVS Srichakra Limited
- Ex-dividend date: September 2nd, 2022
- Dividend Type: Final
- Dividend per share: ₹ 16.3
- Face Value: ₹ 10
- Dividend as a percentage of face value: 163% Dividend yield: 0.76 %
- CMP: ₹ 2,160
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.
