2 days ago

Indian Stocks Set for Ex-Dividend Dates and Large Payouts

Many Indian companies have announced dividends for their shareholders.

A dividend is money a company pays to people who own its shares.

These stocks will become ex-dividend on different days from September 7 to September 11.

Investors generally need to understand the ex-dividend date when considering eligibility for a declared dividend.

APL Apollo Tubes has announced ₹8.50 per share.

Empire Industries and Force Motors have each announced ₹50 per share.

Apar Industries has announced the largest listed per-share payout in this article at ₹60.

Other companies, including GNFC, TVS Srichakra, and Transpek Industry, have also announced sizable payouts.

Key facts

Coverage period: September 7 through September 11
Highest per-share payout: Apar Industries: ₹60 per share
September 7: Transpek Industry: ₹20 per share; GeeCee Ventures: ₹2; Texmaco Infrastructure & Holdings: ₹0.15
September 8: APL Apollo Tubes: ₹8.50 per share; KDDL: ₹8; Globus Spirits: ₹6.53; Tinna Rubber and Infrastructure: ₹3.25
September 9: Empire Industries: ₹50 per share, combining special and final dividends; Force Motors: ₹50; Gujarat Narmada Valley Fertilizers & Chemicals: ₹21
September 10: Ganesha Ecosphere: ₹3.50; Divgi TorqTransfer Systems: ₹3.27; Apex Frozen Foods and Radiant Cash Management Services: ₹2.50 each
September 11: Apar Industries: ₹60 per share; TVS Srichakra: ₹37.80; Gujarat Energy: ₹8.90; Banco Products (India): ₹8

businesstoday.in · 2 days ago