Dividend stocks: Shares of ESAB India Ltd, Visco Trade Associates Ltd, Bodhi Tree Multimedia Ltd, and AA Plus Tradelink Ltd will be in focus when the stock market opens on April 05 (Friday). The Board of Directors of the 4 companies have declared interim dividend, rights issue, and stock split for their eligible shareholders. The record date by the 4 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on April 05.
ALSO READ: Stocks to buy: Top IT stock picks by Nomura ahead of Q4 results ESAB India: The company has declared an interim dividend of ₹24.00 per equity share. In a stock exchange filing, ESAB India said: “The Board of Directors of the Company at its meeting held today i.e., 27th March 2024 has declared Second Interim Dividend of Rs. 24/- per equity share of Rs.10/- each (240%) for the financial year ending 31st March 2024 resulting in an outflow of Rs.
36,94,32,480/- (subject to deduction of tax at source where applicable). The said Second Interim Dividend declared by the Board of Directors would be paid to the equity shareholders on 24th April 2024." Visco Trade Associates: The company has declared first interim dividend at ₹1.00 per equity share on the face value of the paid-up equity shares of ₹10 each for the financial year 2023-24. Shares of ESAB India and Visco Trade Associates will trade ex-dividend on Friday.
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