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
KEI Industries Limited
KEI Industries was established in 1968. It is a leading Indian manufacturer of cables and wire solutions serving over 55 countries with products like HT, EHV, and LT cables from multiple facilities.
With a market capitalization of Rs 40,600.30 crore, the shares closed at Rs 4,249 per share, declining around 5.17 percent as compared to the previous closing price. The company has a dividend yield of 0.09 percent.
The company has declared an interim dividend of Rs 4 per equity share, representing a 200 percent payout over the face value of Rs 2 per share, The dividend’s Record Date is January 27, 2025.
Wipro Ltd
Wipro Limited was founded in 1945. It is a global technology services and consulting firm based in Bengaluru employing over 2,50,000 people across 66 countries while specializing in digital transformation solutions.
With a market capitalization of Rs 3,35,094.81 crore, the shares closed at Rs 320.05 per share, increased by around 0.76 percent as compared to the previous closing price. The company has a dividend yield of 1.88 percent.
The company has declared an interim dividend of Rs 6 per equity share, representing a 300 percent payout over the face value of Rs 2 per share, The dividend’s Record Date is January 28, 2025.
MPS Ltd
MPS Limited was founded in 1970. They specialize in content creation and full-service production for publishers and educational companies while operating globally with multiple delivery centers and a strong export focus.
With a market capitalization of Rs 4,221.29 crore, the shares closed at Rs 2,467.75 per share, increased by around 12.82 percent as compared to the previous closing price. The company has a dividend yield of 3.02 percent.
The company has declared an interim dividend of Rs 33 per equity share, representing a 330 percent payout over the face value of Rs 10 per share, The dividend’s Record Date is January 29, 2025.
Bharat Petroleum Corporation Ltd
Bharat Petroleum Corporation Limited (BPCL) is a major Indian public sector oil and gas company in the business of refining, distributing, and marketing petroleum products with a strong presence across the nation.
With a market capitalization of Rs 1,14,448.82 crore, the shares closed at Rs 263.80 per share, declining by around 2.71 percent as compared to the previous closing price. The company has a dividend yield of 7.95 percent.
The company has declared an interim dividend of Rs 5 per equity share, representing a 50 percent payout over the face value of Rs 10 per share, The dividend’s Record Date is January 29, 2025.
Housing & Urban Development Corporation Ltd
The Housing and Urban Development Corporation Limited (HUDCO) is an Indian public sector undertaking established in 1970 while focusing on housing finance and urban infrastructure development. They support government initiatives for habitat development.
With a market capitalization of Rs 43,951.71 crore, the shares closed at Rs 219.55 per share, declining by around 0.88 percent as compared to the previous closing price. The company has a dividend yield of 1.85 percent.
The company has declared an interim dividend of Rs 2.05 per equity share, representing a 20.5 percent payout over the face value of Rs 10 per share, The dividend’s Record Date is January 30, 2025.
Written by – Santhosh S
