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Business / Sat, 11 May 2024 Trade Brains

Stocks to Watch: 6 Stocks that will trade ex-dividend next week

The dividend yield indicates how much a company pays in dividends each year based on its stock price. The company has a dividend yield of 1.14 percent. The company has a dividend yield of 1.44 percent. Coforge is an IT services company providing end-to-end software solutions and services. The company has declared an Final dividend of Rs 11.25 per share to the face value of Rs 5.

The 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.

Here are six stocks that will be trading ex-dividend next week:

Godrej Consumer Products is engaged in a fast moving consumer goods Company, manufacturing and marketing Household and Personal Care products.

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The company has declared an Interim dividend of Rs 10 per share equating to an 1000 percent payout as compared to the face value of Rs 1. The ex-dividend date has been fixed as 14th May 2024.

The company has a dividend yield of 1.14 percent. On Friday, the company’s shares closed at Rs 1,321 with a market capitalization of Rs 1,35,109 crores.

Ador Welding is a leading player in the field of welding products, technologies and services. Moreover, it provides customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals, and other sectors.

The company has declared an Interim dividend of Rs 18.5 per share equating to an 185 percent payout as compared to the face value of Rs 10. The ex-dividend date has been fixed as 15th May 2024.

The company has a dividend yield of 1.44 percent. On Friday, the company’s shares closed at Rs 1,298 with a market capitalization of Rs 1,766 crores.

Coforge is an IT services company providing end-to-end software solutions and services. Coforge has made significant strides in the AI business, developing a range of AI products and services that showcase its commitment to innovation in AI technology.

The company has declared an Interim dividend of Rs 19 per share equating to an 190 percent payout as compared to the face value of Rs 10. The ex-dividend date has been fixed as 15th May 2024.

The company has a dividend yield of 1.74 percent. On Friday, the company’s shares closed at Rs 4,465 with a market capitalization of Rs 27,605 crores.

Tata Consultancy Services is engaged in the business of IT services, consulting, and business solutions. The company offers a consulting-led, cognitive-powered, integrated portfolio of business, technology, and engineering services and solutions.

The company has declared an Interim dividend of Rs 28 per share equating to an 2800 percent payout as compared to the face value of Rs 1. The ex-dividend date has been fixed as 16th May 2024.

The company has a dividend yield of 1.39 percent. On Friday, the company’s shares closed at Rs 3,894 with a market capitalization of Rs 14,08,847 crores.

Craftsman is the largest player in the machining of cylinder blocks for medium and heavy commercial vehicles. Company caters to automotive, industrial, and engineering industries.

The company has declared an Final dividend of Rs 11.25 per share to the face value of Rs 5. The ex-dividend date has been fixed as 17th May 2024.

The company has a dividend yield of 0.26 percent. On Friday, the company’s shares closed at Rs 4,301 with a market capitalization of Rs 9,807 crores.

Hindustan Zinc Ltd is engaged in the manufacturing of three qualities of zinc — special high-grade zinc used in construction, infrastructure, and household appliances. The company also manufactures pure lead used in lead acid batteries, ceramic glazes, electrodes, etc, and silver used in photographic material, conductors, and jewellery.

The company has declared an Interim dividend of Rs 10 per share equating to an 500 percent payout as compared to the face value of Rs 2. The ex-dividend date has been fixed as 15th May 2024.

The company has a dividend yield of 2.63 percent. On Friday, the company’s shares closed at Rs 526 with a market capitalization of Rs 2,22,041 crores.

Written by Omkar Chitnis

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The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. 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.

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