The dividend is the amount of money that a company pays to its shareholders as dividends on a per-share basis. The dividend yield indicates how much a company pays in dividends each year based on its stock price. Here are five stocks that will be trading ex-dividend next week:
The company has declared an Interim dividend of Rs. 5 per share, equating to a 500 percent payout as compared to the face value of Rs. 1. The ex-dividend date has been fixed as 13th May. The company has a dividend yield of 1.25 percent. On Friday, the stock closed at Rs. 1,244 on BSE with a market capitalisation of Rs. 1.27 lakh crores. Godrej Consumer Products Limited is a fast-moving consumer goods company, engaged in the business of manufacturing and marketing household and personal care products.
The company has declared an Interim dividend of Rs. 6 per share, equating to a 60 percent payout as compared to the face value of Rs. 10. The ex-dividend date has been fixed as 13th May. IFGL Refractories has a dividend yield of 1.98 percent. On Friday, the stock closed at Rs. 365.1 on BSE with a market capitalisation of Rs. 1,315.8 crores. The company is a manufacturer of specialised refractories and requisite operating systems for the Iron and Steel Industry.
The company has declared a Final dividend of Rs. 25 per share, equating to a 250 percent payout as compared to the face value of Rs. 10. The ex-dividend date has been fixed as 14th May. Foseco India has a dividend yield of 0.67 percent. On Friday, the stock closed at Rs. 3,834.45 on BSE with a market capitalisation of Rs. 2,448.8 crores. The Ocmapyn is involved in the manufacturing of products used in the metallurgical industry, which are like additives and consumables that improve the physical properties and performance of castings.
The company has declared an Interim dividend of Rs. 6 per share, equating to a 600 percent payout as compared to the face value of Re. 1. The ex-dividend date has been fixed as 14th May. R Systems has a dividend yield of 2.01 percent. On Friday, the stock closed at Rs. 332.8 on BSE with a market capitalisation of Rs. 3,939.6 crores. The company is a leading provider of technology, artificial intelligence (AI), analytics and knowledge services.
The company has declared a Final dividend of Rs. 15.9 per share, equating to a 1590 percent payout as compared to the face value of Rs. 1. The ex-dividend date has been fixed as 16th May. SBI has a dividend yield of 2.08 percent. On Friday, the stock closed at Rs. 779.4 on BSE with a market capitalisation of Rs. 6.95 lakh crores. The bank operates in four business segments, namely treasury, corporate/wholesale banking, retail banking and other banking business.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
