Dividend stocks: DCM Shriram Industries, Vesuvius India shares to trade ex-dividend today

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Dividend stocks: Shares of DCM Shriram Industries Ltd, Vesuvius India Ltd, and Grauer & Weil (India) Ltd will be in focus when the stock market opens on April 10 (Wednesday). The Board of Directors of the 3 companies have declared interim dividend, final dividend, and bonus issue for their eligible shareholders. The record date by the 3 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on April 10.

ALSO READ: Stocks to buy: Hindalco, HCL Tech, Federal Bank among top stock picks for April DCM Shriram Industries: The company has declared an interim dividend of ₹2.00 per equity share. In a stock exchange filing, DCM Shriram Industries said: “The Board of Directors of the Company at its meeting held on 28th March, 2024, have declared an interim dividend of Rs. 2/- (i.e.

100%) per equity share of Face value Rs.2/- per share for the year ended on 31st March 2024. The interim dividend will be paid to the eligible shareholders as on the record date, 10th April, 2024, after deducting tax at the applicable rates prescribed under the provisions of Income Tax Act, 1961." ALSO READ: More stock market news Vesuvius India: The company has declared a final dividend of ₹12.75 per equity share. In a stock exchange filing, Vesuvius India said: “Recommended dividend for the Financial Year ended on December 31, 2023 of Rs.

12.75/- (Rupees Twelve and Seventy Five Paise Only) per equity share of Rs. 10/- each." Shares of DCM Shriram Industries and Vesuvius India will trade ex-dividend on Wednesday. Grauer & Weil India: The company has declared a bonus issue in the ratio of 1:1.