During the trading session, the shares hit a high of Rs.
Bajaj Holdings & Investment Ltd. operates as an Investment Company and is registered as a Non-Banking Financial Institution – Investment and Credit Company with the Reserve Bank of India.
91,702 crores, the shares started Friday’s trading session at Rs.
During the trading session, the shares hit a high of Rs.
42,061, the shares started Friday’s trading session at Rs.
Dividends are a portion of a company’s profits sent to shareholders to compensate for their investment. Monthly payments provide investors with a constant income and reflect a company’s financial stability. Understanding dividend policy and trends is crucial for investors seeking long-term income and capital growth.
Here are the six stocks that will trade ex-dividend in the coming week:
Cera Sanitaryware Ltd is engaged in the business of manufacturing, marketing, and distributing sanitary ware and faucet ware products, offering a comprehensive portfolio of products including sanitaryware, faucets, tiles, showers, and wellness solutions.
Note: If you want to learn Candlesticks and Chart Trading from Scratch, here’s the best book available on Amazon! Get the book now!
With a market capitalization of Rs. 11,716 crores, the shares started trading at Rs. 8,300. During the trading session, the shares hit a high of Rs. 9,290, gaining around 11 percent and closed the day at Rs. 9,090 apiece. The company has a dividend yield of 0.72 percent.
The firm issued a final dividend of Rs 60 per equity share, representing a 1,200 percent payout over the face value of Rs 5 per share. The dividend’s Record Date is June 25, 2024.
Bajaj Holdings & Investment Ltd. operates as an Investment Company and is registered as a Non-Banking Financial Institution – Investment and Credit Company with the Reserve Bank of India. The Co. holds more than 30 percent stake in both Bajaj Auto Ltd. and Bajaj Finserv Ltd.
With a market capitalization of Rs. 91,702 crores, the shares started Friday’s trading session at Rs. 8,250. During the trading session, the shares hit a high of Rs. 8,310, gaining around 1 percent and closed the day at Rs. 8,226 apiece. The company has a dividend yield of 1.59 percent.
The firm issued a final dividend of Rs 21 per equity share, representing a 210 percent payout over the face value of Rs 10 per share. The dividend’s Record Date is June 28, 2024.
IndusInd Bank Ltd is a leading Indian financial services company that offers a wide range of banking and financial solutions to individuals, large corporations, government entities, and public sector undertakings.
With a market capitalization of Rs. 1,18,565 crores, the shares started Friday’s trading session at Rs. 1,523. During the trading session, the shares hit a low of Rs. 1,511.25, losing around 1 percent and closed the day at Rs. 1,527 apiece. The company has a dividend yield of 1.08 percent.
The firm issued a final dividend of Rs 16.50 per equity share, representing a 165 percent payout over the face value of Rs 10 per share. The dividend’s Record Date is June 28, 2024.
Kalpataru Power Transmission Ltd is a global EPC player with diversified interests in power transmission and distribution, oil and gas pipelines, railways and biomass-based power generation.
With a market capitalization of Rs. 18,673 crores, the shares started Friday’s trading session at Rs. 1,165. During the trading session, the shares hit a low of Rs. 1,145, losing around 1 percent and closed the day at Rs. 1,163 apiece. The company has a dividend yield of 0.68 percent.
The firm issued a final dividend of Rs 8 per equity share, representing a 400 percent payout over the face value of Rs 2 per share. The dividend’s Record Date is June 28, 2024.
Nippon Life India Asset Management Limited (NAM India) is a leading asset management company in India that manages mutual funds, including Exchange Traded Funds (ETFs), Managed Accounts, Alternative Investment Funds, Pension Funds, and Offshore Funds.
With a market capitalization of Rs. 42,061, the shares started Friday’s trading session at Rs. 653. During the trading session, the shares hit a high of Rs. 674.80, gaining around 2 percent, also recorded as the company’s fresh 52-week high and closed the day at Rs. 664 apiece. The company has a dividend yield of 2.53 percent.
The firm issued a final dividend of Rs 11 per equity share, representing a 110 percent payout over the face value of Rs 10 per share. The dividend’s Record Date is June 28, 2024.
REC is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution.
With a market capitalization of Rs. 1,34,294 crores, the shares started Friday’s trading session at Rs. 509.50. During the trading session, the shares hit a high of Rs. 522.30, gaining around 2 percent and closed the day at Rs. 510 apiece. The company has a dividend yield of 3.17 percent.
The firm issued a final 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 June 28, 2024.
Written By Vaibhav Patil
Disclaimer
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.
