It is a common practice for companies to announce dividends along with their quarterly results. With the ongoing results, multiple companies across various industries have declared a sum of money to be awarded to their inventors in the form of dividends.
Here is a list of 8 companies that are going to trade ex-dividend in the coming week:
TV Today Network Ltd
It will pay an interim dividend of 1,340% of the face value of Rs 5 which amounts to Rs 67 per share. The ex-dividend date and the record date for the purpose are set as February 13th, 2023. The shares of the company traded at Rs 304 levels on Friday.
The TV Today Network is an English-Hindi Indian news television network that owns several news channels namely, Aaj Tak, India Today Television, and Good News Today. It has a market capitalization of Rs 1,819 Crore and a dividend yield of 0.98%.
Emami Ltd
It will pay an interim dividend of 1400% of the face value of Rs 1 which amounts to Rs 4 per share. The ex-dividend date and the record date for the purpose are set as February 13th, 2023. The shares of the company traded at Rs 409 levels on Friday.
Emami Group is an Indian multinational conglomerate FMCG company. It has a market capitalization of Rs 18,062 Crore and a dividend yield of 1.95%.
Procter & Gamble Health Ltd
It will pay an interim dividend of 450% of the face value of Rs 10 which amounts to Rs 45 per share. The ex-dividend date and the record date for the purpose are set as February 13th, 2023. The shares of the company traded at Rs 4,688 levels on Friday.
P&G Health Ltd is engaged in the business of manufacturing and marketing pharmaceuticals and chemicals. It has a market capitalization of Rs 7,785 Crore and a dividend yield of 1.12%.
KPR Mill Ltd
It will pay an interim dividend of 200% of the face value of Rs 1 which amounts to Rs 2 per share. The ex-dividend date and the record date for the purpose are set as February 14th,2023. The shares of the company traded at Rs 582 levels on Friday.
K.P.R. Mill is engaged in one of the largest vertically integrated apparel manufacturing Companies in India. It has a market capitalization of Rs 19,915 Crore and a dividend yield of 0.03%.
Tube Investments of India Ltd
It will pay an interim dividend of 200% of the face value of Rs 1 which amounts to Rs 2
per share. The ex-dividend date and the record date for the purpose are set as February 15th, 2023. The shares of the company traded at Rs 2,557 levels on Friday.
Tube Investments of India Limited (TII) is one of India’s leading manufacturers of Engineering, Metal Formed Products, and Bicycles. It has a market capitalization of Rs 49,305 Crore and a dividend yield of 0.14%.
ITC Ltd
It will pay an interim dividend of 600% of the face value of Rs 1 which amounts to Rs 6 per share. The ex-dividend date and the record date for the purpose are set as February 15th, 2023. The shares of the company traded at Rs 371 levels on Friday.
ITC Limited is an Indian conglomerate that operates in a variety of industries, including FMCG, hotels, software, packaging, paperboards, specialty papers, and agribusiness. It has a market capitalization of Rs 4,61,242 Crore and a dividend yield of 3.09%.
Hero Motocorp Ltd
It will pay an interim dividend of 3,250% of the face value of Rs 2 which amounts to Rs 65 per share. The ex-dividend date and the record date for the purpose are set as February 17th, 2023. The shares of the company traded at Rs 2,581 levels on Friday.
Hero MotoCorp Limited is a multinational motorcycle and scooter manufacturer and stands as India’s largest two-wheeler maker. It has a market capitalization of Rs 51,585 Crore and a dividend yield of 3.68%.
Coromandel International Ltd
It will pay an interim dividend of 600% of the face value of Rs 1 which amounts to Rs 6 per share. The ex-dividend date and the record date for the purpose are set as February 17th, 2023. The shares of the company traded at Rs 924 levels on Friday.
Coromandel International Ltd is one of India’s leading agri solutions providers. It has a market capitalization of Rs 27,187 Crore and a dividend yield of 1.30%.
Written by Anoushka Roy
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