Dividend Paying Stocks: Infosys shares will trade ex-dividend on Thursday, October 27, 2022, this week.
• Dividend Paying Stocks: Shares of ICICI Lombard will trade ex-dividend on 27 October 2022
Dividend Paying Stocks: As the stock market investors gear up for the Muhurta trading session today at 6:15 pm, they are advised to look for other avenues of revenue from their stock holdings as the long-term The investors get additional income from buyback of shares, bonus. Share issue, interim and final dividend, rights issue etc. In this brief week for the stock markets, a good number of stocks are going to trade ex-dividend.
Here we list down the details of dividend paying stocks that are in focus this week:
1] Cyient: The board of directors of this multinational tech company has fixed 27 October 2022 as the record date for interim dividend payment for the financial year 2022-23. So, the stock is going to trade ex-dividend on 25th October 2022 or on Tuesday this week as 26th October will be the stock market holiday for Diwali Balipratiprada. The Board of the Company has already approved an interim dividend of ₹10 per equity share. The tech company also announced that the interim dividend would be paid by 9 November 2022.
Informing the Indian stock market exchanges about the record date for payment of dividend, Cyient Limited said, "It is informed that the Board of Directors of the Company has approved an interim dividend of Rs.10/- per equity share (i.e. 200%)". 5 per share for the financial year 2022-23," further, it is to inform that 27th October 2022 has been fixed as the record date for the above purpose and the payment of dividend is 9th November. will be done by 2022. ,
2] ICICI Lombard: The board of directors of this insurance company has fixed 28 October 2022 as the record date for payment of dividend. The Board of the Company has declared a dividend of ₹4.50 per share to its eligible shareholders. Dividend will be paid on ex-date basis, which means ICICI Lombard shares will trade ex-dividend on 27 October 2022.
Informing Indian exchanges about the dividend payment approval, ICICI Lombard said, "Regulations 30, 33, 52 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") In accordance with the provisions, we would like to inform you that the Board of Directors of the Company in its meeting held today i.e. Tuesday, the 18th October, 2022 has, inter alia, declared and paid an interim dividend of Rs.4.50/- per equity share. 10. 45.0% of the face value of Rs.10 for the financial year ended March 31, 2023. Interim dividend shall be paid to the equity shareholders of the company, whose names appear in the register of members of the company or on the record date i.e. Friday , records of the depository as beneficial owners of the shares as on October 28, 2022. Interim dividend shall be paid to the equity shareholders on or before Wednesday, November 16, 2022.
3] Infosys: The Indian IT major has announced an interim dividend of ₹16.50 per equity share to its eligible shareholders. The Board of Directors of the Company has declared the Interim Dividend Record Date as 28 October 2022 on ex-date basis. This means that the shares of Infosys will trade ex-dividend on 27 October 2022 i.e. Thursday this week.
“We would like to inform you that the Board of Directors (“Board”) of Infosys Limited (“The Company”) in its meeting declared an interim dividend of ₹16.50/- per equity share. Record for Interim on 28th October, 2022 The date has been fixed as the dividend and November 10, 2022 as the payment date," Infosys said in its exchange communication.
4] Focus Business Solutions: The small-cap company has declared an interim dividend of ₹ 0.38 per equity share to its eligible shareholders. The company has also announced the record date of dividend payment 27 October 2022 i.e. Thursday this week. The company has revised its record date for interim dividend payment.
"In accordance with the provisions of Regulations 30 and 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, you are informed that the Board of Directors of the Company at its meeting held today, Monday, October 17, 2022, 703 At the Registered Office of the Company, Rajhans Complex, NR Kadiwala School, Ring Road, Surat -395002, inter alia: 1. First Interim Dividend of Rs.0.38 per Equity Share i.e. 3.8 Considered and Approved 10 for the Financial Year 2022-23 8.44 lakh at the face value of Rs./- per share. Please note that the record date for the purpose of determining the eligibility of equity shareholders for the said dividend, if declared, is Thursday, October 27, 2022. Being decided," the small-cap company said.
5] KPI Green Energy: The small-cap company has declared 31st October 2022 as the record date for interim dividend payment on ex-date basis.
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