Dividend stocks 2023: Shares of DB Corp Ltd, Marico Ltd, Oriental Carbon & Chemicals Ltd, Siyaram Silk Mills Ltd, Sonata Software Ltd, Supreme Industries Ltd, Transport Corporation of India Ltd, Vaibhav Global Ltd, and Venus Pipes & Tubes Ltd will be in focus when the stock market opens today. The board of directors of these companies have declared dividends for its eligible shareholders.
DB Corp Ltd has declared an interim dividend of Rs 2 per share, the Marico Ltd board has declared a Rs 3 per share interim dividend, Oriental Carbon & Chemicals Ltd has declared an Rs 7 per share interim dividend, Siyaram Silk Mills Ltd has announced Rs 4 per share interim dividend, Sonata Software Ltd has declared an interim dividend of ₹7 per share, Supreme Industries Ltd has declared an interim dividend of ₹8 per share, Transport Corporation of India Ltd has declared an interim dividend of ₹2.5 per share, Vaibhav Global Ltd has declared an interim dividend of ₹1.5 per share, and Venus Pipes & Tubes Ltd has declared Rs 0.50 per share interim dividend. Marico— The FMCG major reported a 17.26% increase in consolidated net profit at ₹360 crore for the September quarter of 2023-24, driven by softer input costs.
Its revenue from operations marginally reduced to ₹2,476 crore during the quarter from ₹2,496 crore a year ago. DB Corp – It reported net sales at ₹586.04 crore in the September quarter of fiscal year 2024, up 8.85% from ₹538.40 crore a year ago.
Its quarterly net profit stood at ₹100.26 crore, up 105.53% from ₹48.78 crore a year ago. Ebitda stood at ₹167.57 crore in Q2 FY24, up 71.41% from ₹97.76 crore a year ago.
Read more on livemint.com