Dividend stocks: Hindustan Zinc, IRB Infra, Coforge among 5 stocks to trade ex-dividend today
Dividend stocks: Shares of Hindustan Zinc Ltd, IRB Infrastructure Developers Ltd, Coforge Ltd, Ador Welding Ltd, Aptus Value Housing Finance India Ltd, Canara Bank, Solara Active Pharma Sciences Ltd, and Viji Finance Ltd will be in focus when the stock market opens on May 15 (Wednesday). The Board of Directors of these companies have declared interim dividend, stock split, and rights issue of equity shares for their eligible shareholders. The record date by the eight companies to ascertain the eligibility of shareholders for their respective issues has been fixed on May 15.
ALSO READ: Multibagger Stock: Gravita India gains over 250% in 2 years, more than 2800% since May 2020 Hindustan Zinc board has declared an interim dividend of ₹10.00 per equity share. In a stock exchange filing, Hindustan Zinc said: “We wish to inform you that the Board of Directors of the Company through resolution passed by circulation on Tuesday, May 07, 2024, consented by majority of directors at 11:00 am, approved the Interim Dividend of Rs. 10/- per equity share i.e.
500% on face value of Rs. 2/- per equity share for the Financial Year 2024-25 amounting to Rs. 4,225.32 Crores." The company board has declared an interim dividend of ₹0.10 per equity share.
In a stock exchange filing, IRB Infrastructure Developers said the Board of Directors “Declared 3 rd Interim dividend of Re. 0.10/- per equity share of face value of Rs. 1/- each (@10% of face value of share) for financial year 2023-24.
The record date for the purpose of payment of dividend is Wednesday, May 15, 2024. The 3 rd Interim dividend shall be paid within stipulated timelines as prescribed under law." The company has declared an interim dividend of ₹19.00 per equity share. In a stock
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