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:
Infosys Ltd
Infosys Limited is an India-based company, which provides consulting, technology, outsourcing, and digital services. Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences, and All other segments.
With a market capitalization of Rs 7.76 lakh crore, the shares were closed at Rs 1,870 per share, an increased of 0.33 percent as compared to the previous closing price. The company has a dividend yield of 2.47 percent.
The firm issued an interim dividend of Rs 21 per equity share, representing a 420% payout over the face value of Rs 5 per share. The dividend’s Record Date is October 29, 2024.
CRISIL LTD
CRISIL Limited is an India-based analytics company. The Company is engaged in providing ratings, data, research, analytics, and solutions. The Company operates through three segments: Ratings, Research, and Advisory.
With a market capitalization of Rs 37,132 crore, the shares were closed at Rs 5,078 per share, an increased of 0.1 percent as compared to the previous closing price. The company has a dividend yield of 1.06 percent.
The firm issued an interim dividend of Rs 15 per equity share, representing a 1500% payout over the face value of Rs 1 per share. The dividend’s Record Date is October 30, 2024.
Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Limited manufactures and repairs ships, submarines, and other vessels, as well as associated engineering items. The company builds warships and submarines. It is also involved in the manufacturing of defense equipment.
With a market capitalization of Rs 82,350 crore, the shares were closed at Rs 4,083 per share, an decreased of 3.11 percent as compared to the previous closing price. The company has a dividend yield of 0.64 percent.
The firm issued an interim dividend of Rs 23.19 per equity share, representing a 231.90% payout over the face value of Rs 10 per share. The dividend’s Record Date is October 30, 2024.
Colgate-Palmolive (India) Ltd
Colgate-Palmolive (India) Limited manufactures and trades Colgate toothpaste, tooth powder, toothbrushes, and mouthwash, as well as Palmolive personal care goods. The company works in a single segment: Personal Care (including Oral Care), which principally sells soaps, cosmetics, and toilet preparations.
With a market capitalization of Rs 84,079 crore, the shares were closed at Rs 3,091 per share, an decreased of 3.87 percent as compared to the previous closing price. The company has a dividend yield of 1.49 percent.
The firm issued an interim dividend of Rs 24 per equity share, representing a 2,400% payout over the face value of Rs 1 per share. The dividend’s Record Date is November 4, 2024.
Tech Mahindra Ltd
Tech Mahindra Ltd offers a complete range of IT services to a diverse base of corporate clients across a variety of sectors, including IT enabled services, application development and maintenance, consulting, and enterprise business solutions.
With a market capitalization of Rs 1.67 lakh crore, the shares were closed at Rs 1,716 per share, an decreased of 1.11 percent as compared to the previous closing price. The company has a dividend yield of 2.28 percent.
The firm issued an interim dividend of Rs 15 per equity share, representing a 300% payout over the face value of Rs 5 per share. The dividend’s Record Date is November 4, 2024.
Written by:- Abhishek Singh
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