ABB India, KFin Tech among 35 stocks to trade ex-dividend tomorrow. Do you own any?
ABB India and Kfin Technologies, along with 33 other companies, are expected to be in focus today as they have set August 23 as the record date for determining shareholders eligible for dividend payments.
This means today is the last day to purchase shares of these companies to qualify for the announced dividends.
ABB India
Earlier this month, ABB India’s board declared an interim dividend of ₹10.66 per share for eligible shareholders, setting August 23 as the record date.
“This is to inform you that the Board of Directors of the Company at its Meeting held on August 8, 2024, inter alia, has declared an interim dividend of Rs.10.66 per share (Rupees Ten and sixty six paisa only) i.e. (533%) on 21,19,08,375 equity shares of face value of Rs.2/- each fully paid up for the financial year 2024,” said the company in a filing to the exchanges.
ABB India rewards its shareholders with frequent dividend payouts and has declared 26 dividends since 2001.
ABB India’s shares closed 1.4% higher at Rs 7,909.35 on the BSE on Wednesday.
KFin Technologies
Earlier in July, KFin Technologies announced a final dividend of ₹5.75 per share for eligible shareholders, setting August 23 as the record date.
“At the Parent Company's Board of Directors' meeting held on 29 April 2024, the Board recommended a final dividend of'{_ 5.75 per share which is subject to the approval of the Parent Company's shareholders,” the company said in a filing.
This is the company’s first-ever dividend payout to shareholders, according to Trendlyne
