A dividend is the amount of money that a company pays to its shareholders as dividends on a per-share basis. The dividend yield indicates how much a company pays in dividends each year based on its stock price.
Listed below are the six stocks that Will Trade Ex-Dividend Next Week
CRISIL Ltd
The company has declared a final dividend of Rs 28 per share equating to a 2800 percent payout as compared to the face value of Rs 1. The ex-dividend date has been fixed as March 28, 2024.
The company has a dividend yield of 1.09 percent. On Friday, the company’s shares closed at Rs 5,013 with a market capitalization of Rs 36,768 crore.
REC Ltd
The company has declared a Interim dividend of Rs 4.5 per share equating to a 45 percent payout as compared to the face value of Rs 10. The ex-dividend date has been fixed as March 28, 2024.
The company has a dividend yield of 2.80 percent. On Friday, the company’s shares closed at Rs 461 with a market capitalization of Rs 1,19,022 crore.
R Systems International Ltd
The company has declared a interim dividend of Rs 6 per share equating to a 600 percent payout as compared to the face value of Rs 1. The ex-dividend date has been fixed as March 28, 2024.
The company has a dividend yield of 1.45 percent. On Friday, the company’s shares closed at Rs 454 with a market capitalization of Rs 5,354 crore.
Housing & Urban Development Corporation Ltd
The company has declared a interim dividend of Rs 1.5 per share equating to a 15 percent payout as compared to the face value of Rs 10. The ex-dividend date has been fixed as March 28, 2024.
The company has a dividend yield of 2.05 percent. On Friday, the company’s shares closed at Rs 183 with a market capitalization of Rs 36,855 crore.
SBI Cards & Payment Services Ltd
The company has declared a interim dividend of Rs 2.5 per share, equating to a 25 percent payout as compared to the face value of Rs 10. The ex-dividend date has been fixed as March 28, 2024.
The company has a dividend yield of 0.36 percent. On Friday, the company’s shares closed at Rs 704 with a market capitalization of Rs 66,977 crore.
Prithvi Exchange (India) Ltd
The company has declared an interim dividend of Rs 2 per share, equating to a 20 percent payout as compared to the face value of Rs 10. The ex-dividend date has been fixed as March 28, 2024.
The company has a dividend yield of 0.81 percent. On Friday, the company’s shares closed at Rs 243 with a market capitalization of Rs 200 crore.
Written by Omkar Chitnis
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