Dividend Paying Stocks: These 2 Stocks Will Trade Ex-Dividend Next Week

 

• Both the dividend paying stocks are small-cap companies

Dividend Paying Stocks: Apart from the growth in the stock price, a long term stock investor has various means of income such as issue of bonus shares, stock subdivision, buyback of shares, interim and final dividends, etc. A listed company rewards its long term investors by this. Reserves and these are some of the additional benefits that a long term stock investor gets over a short term investor or a trader.

Here we list two dividend paying stocks that are going to trade ex-dividend next week:

1] Advani Hotels: The board of directors of this small-cap company has fixed December 29, 2022 as the record date for payment of dividend to its shareholders. The small-cap dividend paying company has already declared an interim dividend of Rs 2 per equity share for its shareholders holding the stock on December 29, 2020.

The small-cap company informed the Indian markets regarding the interim dividend payment, "Pursuant to Regulation 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, this is to inform that the Board of Directors of Advani Hotels and Resorts (India) Limited ('the Company') at its meeting held on Friday, the 16th December, 2022, inter alia, approved the following: 1. Declaration of Interim Dividend of Rs.2.00 (subject to deduction of tax at source) * (Rupees Two only) per Equity Share of face value of Rs.2/- for the financial year 2022-2023. Interim Dividend. The Interim Dividend will be paid/remitted on or before Sunday, the 15th January, 2023."

2] Sarthak Metals: The board of directors of this small-cap metals company has fixed December 30, 2022 as the record date for interim dividend payment. The small-cap metals company has already declared an interim dividend of Re 1 per equity share to its shareholder who is eligible for interim dividend payment.

The small-cap company informed Indian markets about the dividend payment, "Pursuant to Regulations 30 and 43 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Directors The Mandal Company at its meeting held today i.e. Tuesday, the 20th December, 2022, inter alia, declared an Interim Dividend at the rate of Re.1/- (Rupee One) (10%) of the face value per Equity Share. 10/- each for the year 2021-22. The interim dividend will be paid on or before January 19, 2023."

On the record date for payment of interim dividend, Sarthak Metals Limited said, "Pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Friday, December 30, 2022 has been fixed as the 'Record Date'." "To determine the list of members eligible for payment of interim dividend."