There is a good news for investors in the Indian stock market. Next week, a total of 3 small and large companies in the stock market will provide final, special and interim dividends to their shareholders. These companies include Honeywell Automation India, Tata Technologies, Hindustan Zinc, Bajaj Auto and other major names.
This announcement is causing enthusiasm among investors, as they are going to earn a lot from dividends. Honeywell Automation India Limited, a company to the automation and software sector, has announced the final dividend of Rs 5 per share on June 3. On the same day, LKP Securities Limited will pay the final dividend of 5 paise per share.
A dividend of Rs 210 on one stock! Investors will be the goods, do you have?
Tata Technologies Limited has also given their investors a double joy. On June 3, the company announced the final dividend of Rs 5.5 per share and a special dividend of Rs. In addition, Hindustan Zinc Limited has decided to pay an interim dividend of Rs 5 per share on June 7.
Shankara Building Products Limited has decided to pay the final dividend of Rs 5 per share on June 3. Eudra Limited and Simple Performance Fibers Limited announced the final dividend of Rs. Panasonic Carbon India Company Limited will pay Rs 5 per share on June 29 and Reliance Industrial Infrastructure Limited Rs. Tata Communications Limited has also announced the final dividend of Rs 5 per share on the same day.
Many companies will allocate dividends on June 7
On June 5, many other companies will distribute dividends. These include Bajaj Auto Limited (Rs 5 per share), Bank of India (Rs. 5 per share), HDFC Life Insurance Company Limited (Rs. 5 per share), Punjab National Bank (Rs. 90 per share), Supreme Industries Limited (Rs. Rs.
In addition, Torrent Pharmaceuticals Limited and Transcorp International Limited will also pay the final dividend of Rs. Also, Mavana Sugar Limited has announced the final dividend of Rs. To get this benefit, investors will have to hold shares of the company by June 1, which is a record date.
Record dates and payment dates of these dividends are different, but most companies have fixed dates between June 1 and June 3. Experts advise investors to monitor these dates so that they can be eligible for dividends.
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