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 data. Shares of Kfin Technologies closed 5% higher at Rs 1,053 on the BSE.
Dividends are paid to shareholders listed in the company’s records on the record date. To be eligible for dividends, shares must be purchased at least one day before the ex-date, as transactions settle the next day. Shares bought on the ex-date will not qualify for dividends.
Here is a list of other companies that will begin trading on an ex-dividend basis starting Friday, according to StockEdge data:
AK Capital Services: Rs 8 per share
Astra Microwave Products: Rs 2 per share
Bhageria Industries: Rs 1 per share
Bhatia Communications & Retail (India): Rs 0.01 per share
Crest Ventures: Rs 1 per share
Crestchem: Rs 0.50 per share
Deepak Spinners: Rs 0.50 per share
Everest Kanto Cylinder: Rs 0.70 per share
Gandhar Oil Refinery (India): Rs 0.50 per share
Godfrey Phillips India: Rs 56 per share
Gujarat Ambuja Exports: Rs 0.35 per share
Gujarat Hotels: Rs 2.50 per share
IL&FS Investment Managers: Rs 0.70 per share
IRCTC: Rs 4 per share
Insecticides (India): Rs 2 per share
KP Energy: Rs 0.10 per share
Kronox Lab Science: Rs 0.50 per share
Kuantum Papers: Rs 3 per share
LIC Housing Finance: Rs 9 per share
Max Healthcare Institute: Rs 1.50 per share
Mayur Uniquoters: Rs 3 per share
Meera Industries: Rs 0.50 per share
Natco Pharma: Rs 3 per share
ONGC: Rs 2.50 per share
Rashi Peripherals: Rs 1 per share
RJ Shah & Company: Rs 2.50 per share
SKP Bearing Industries: Rs 1.10 per share
Surya Roshni: Rs 2.50 per share
The Federal Bank: Rs 1.20 per share
The Yamuna Syndicate: Rs 400 per share
Upsurge Investment & Finance: Rs 0.50 per share
Vedant Fashions: Rs 8.50 per share
Venky’s (India): Rs 7 per share
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
