Dividend Paying Stocks: Stock market investors earn not only from the increase in the share price of their portfolio shares. They also earn from dividends and bonuses declared by the company from time to time. Hence, it becomes important for secondary market enthusiasts to know the names of the stocks which are going to pay dividend in the near future.
Here we are listing 5 stocks which will pay interim dividend in March 2022:
1]VIP Industry: The Board of Directors of VIP Industries has approved the interim dividend of 2.50 per equity share for the financial year 2021-22. The record date for interim dividend has been set as March 9, 2022 and will be paid on or after March 15, 2022.
In its latest exchange communication, VIP Industries announced about the interim dividend saying, “In continuation of our letter dated 17th February, 2022, we would like to inform you that the Board of Directors has announced its decision held today i.e. March 1, 2022. The meeting has declared an interim dividend of face value of Rs 2/- per equity share of Rs 2.50/- (Rupees two and fifty paise) for the financial year 2021-22. of the interim dividend for the financial year 2021-22 The payment shall be made on or after March 15, 2022. In accordance with Regulation 42 of the SEBI (LODR) Regulations, 2015, the Board on Wednesday, March 9, 2022, as the record date for the purpose of ensuring the eligibility of shareholders for payment of interim dividend as determined.
2]Vedanta: The metal major is going to announce its third interim dividend today. In its latest exchange communication, Vedanta Management had informed that the Board of Directors of the company will consider and approve the third interim dividend on March 2, 2022. The company also said that the record date has been fixed as March 10, 2022.
Vedanta informed about the interim dividend proposal, “In accordance with Rule 29 of the Listing Regulations, notice is hereby given that the Board of Directors (“Board”) of the company shall consider and approve the third interim financial on Wednesday, the 02nd March, 2022. Dividend on Equity Shares, if any, for the year 2021-22. Please note that the record date for the purpose of determining the eligibility of Equity Shareholders for the said dividend, if declared, may be fixed as Thursday, March 10, 2022. has been.”
3]Eid Parry: The Chinese manufacturer has informed the Indian exchanges that the Board of Directors of the company in its meeting held on February 28, 2022 has declared a second interim dividend of _____________. 5.50 per equity share of face value each for the financial year ending March 31, 2022. The Board of Directors of the Company has fixed March 3, 2022 as the record date for Interim Dividend, while the Interim Dividend will be paid or remitted. Shareholders on or before 23 March 2022.
Describing the second interim dividend in its exchange communication, the Chinese manufacturer said, “We would like to inform that the Board of Directors of our company in its meeting held today (February 28, 2022) has announced the second interim dividend of Rs 5.50. – (Rupees five fifty paise only) per equity share (550%) of the face value of each for the financial year ended March 31, 2022. The company has fixed March 11, 2022 as the record date Objective of payment of interim dividend. Interim dividend shall be paid on or after 25th March, 2022 but within 30 days from the date of declaration of interim dividend under the Companies Act, 2013.”
4]Shriram Transport Finance Company: The Company has informed the Indian Exchanges that a meeting of the Board of Directors of the Company is scheduled to be held on March 05, 2022, inter alia, to consider the recommendation of Second Interim Dividend for the Financial Year 2021-22. Further, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, the trading window shall remain closed for all nominees for 48 (Forty-Eight) hours with effect from February 28, 2022. From the date of the said Board meeting. The record date for interim dividend has been set as March 14, 2022.
Shriram Transport Finance Company informed, citing the second interim dividend, “You are informed that the meeting of the Board of Directors of the Company is scheduled to be held on Saturday, March 5, 2022, to, inter alia, consider the recommendation of the Financial Year of the second interim dividend for 2021-22. For the purpose of payment of the said interim dividend, if approved by the Board of Directors, the “record date” shall be Monday, the 14th March, 2022.”
5]Metro Brand: The Rakesh Jhunjhunwala-backed company has informed Indian exchanges that it has set March 19, 2022 as the ‘record date’ for the purpose of payment of interim dividend. The Board meeting has been fixed as 7 March 2022 for consideration and approval of the interim dividend.
Metro Brands Company informed about the decision regarding Interim Dividend and said, “We inform you that the meeting of the Board of Directors of Metro Brands Limited on Monday, March 07, 2022 shall, inter alia, consider the declaration of Interim Dividend. for the financial year 2021-22. The record date for determining the eligibility of shareholders for payment of the above interim dividend shall be March 19, 2022, subject to the approval of the interim dividend by the Board of Directors.”
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