Investors interested in dividend stocks should pay close attention to the stocks of Pressman Advertising, Jubilant Foodworks, Sundaram Finance, Onward Technologies, Titan Co Ltd, Lumax Auto Technologies Ltd and Lumax Industries Ltd as they go ex-dividend tomorrow. All these companies have set July 11 as the record date for determining the eligibility of shareholders for dividend purposes. Since the market will be closed on Saturdays and Sundays, the ex-dividend date of the shares is falling tomorrow, July 8, 2022, which means that the stocks will trade tomorrow without the amount of the upcoming dividend payment.
Pressman Advertising Limited
Pressman Advertising has declared an equity dividend of 50.00 percent at face value 2, or 1 per share, for the financial year ended March 2022. Dividend Yield at Current Share Price 40.45 is 2.47 percent. According to a BSE exchange filing “The Company has fixed Monday, July 11, 2022 as the ‘record date’ for determining the eligibility of members for the final dividend for the financial year ended March 31, 2022. Final dividend, If approved by the members. In the AGM, the payment shall be made subject to deduction of tax at source.”
The stock rose 3.98 per cent from its previous close of Rs. 38.90 and today closed at Rs. 40.45. The stock has climbed 20.57 percent year-on-year (YTD) so far in 2022.
Jubilant Foodworks
On 17 June 2022, the Company informed BSE stating that “In accordance with Rule 42 of the Listing Regulations, the Company has appointed Monday, 11th July, 2022 as the record date for the purpose of determining the names of the members eligible for dividend. have set. 1.20/- (ie 60%) per equity share face value Rs. 2/- for each financial year 2021-22.”
Shares of Jubilant Foodworks closed today 570.85 level, up 1.40% from its previous close 562.95. According to YTD data, the stock has fallen 21.89% so far in the year 2022.
Sundaram Finance Limited
The company said in a stock exchange filing that “the board of directors has recommended a final dividend”. 10/- per share (100%) for the financial year ended 31st March 2022 on a paid-up capital of Rs. 111.10 crore with an interim dividend of The total dividend of 10/- per share (100%) paid on 4th March 2022 will be 20/- per share (200%) for the financial year ended 31st March 2022. The dividend, if approved by the shareholders, shall be paid on or after 28 July 2022 to those shareholders whose names are entered in the Register of Members of the Company. Till 11 July 2022.”
Sundaram Finance shares closed today 1,879 per piece, up 2.70% from its previous close. On a YTD basis, the stock has fallen 23.67% so far in 2022.
Ahead Technologies Ltd.
Onward Technologies has declared 30.00 percent equity dividend at face value 10, or 3 per share, for the financial year ending March 2022. Dividend Yield at Current Share Price 286 is 1.04 percent. For the purpose of dividend, the company said in a BSE exchange filing that “members who hold shares as on the record date i.e. Monday, July 11, 2022, shall be entitled to dividend, subject to the approval and voting of the members at the 31st AGM. ( including remote e-voting) for the AGM.”
Onward Technologies shares closed today 286 level, up 2.90% from its previous close 277.95.
Titan Company Limited
The company has informed the stock exchanges saying that “the board has recommended dividend”. 7.50 per equity share shall be paid/remitted to each of the Company on or after the seventh day from the conclusion of the 38th Annual General Meeting subject to the approval of the shareholders of the Company.” The Company has set July 11 as the record date and therefore the stock shall be ex-dividend tomorrow. will change into
Shares closed on NSE 2,129.95 level today, up 5.78% from its previous close 2013.55.
Lumax Auto Technologies Limited
Lumax Auto Technologies has declared an equity dividend of 175.00% at face value 2, or 3.5 per share, for the financial year ended March 2022. Dividend Yield at Current Share Price 205.80 is 1.70 percent. According to a BSE exchange filing “the Company has fixed Friday, July 15, 2022 as the “cut-off date/record date” to determine the members eligible to vote on the resolutions set out in the notice to the AGM or The AGM is scheduled to take part in and furthermore, on Monday, July 11, 2022, to ascertain the eligible shareholders for payment of dividend for the financial year 2021-22.”
stock closed today 205.80 up 9.24% from its previous close 188.40. YTD, the stock has gained 27.19% so far in 2022.
Lumax Industries Limited
For the financial year ended March 2022, Lumax Industries Limited has declared Equity Dividend 13.5 per share. at the current share price of 1390, the dividend yield is 0.97 percent. “The Company has fixed Friday, 15 July, 2022 as the “Cut-off date/record date” for the purpose of allowing members eligible to vote on or to participate in the resolution(s) set out in the notice of the AGM. To determine the AGM and to ascertain the list of shareholders eligible for dividend for the financial year 2021-22 on Monday, July 11, 2022,” the company said in a BSE filing.
closed on stock 1,390 up 0.98% from its previous close. YTD, the stock has risen 16.87% so far in 2022.