From Tech Mahindra to Dalmia Bharat: 11 stocks to trade ex-dividend this week

Tech Mahindra

Tech Mahindra has declared a special dividend of Rs. 18/- per equity share Rs. 5/- each i.e. 360% of the marked price. For the purpose of identifying the eligible members for receiving the Special Interim Dividend, the record date has been fixed as November 10, 2022. The dividend shall be paid to the equity shareholders of the company whose names are entered in the register of members of the company or in the records of the depository as on the record date. A special dividend will be paid on Thursday, November 24, 2022, to the equity shareholders of the company. The stock will trade ex-dividend on 09 November 2022. Shares of Tech Mahindra closed on Friday. 1,054.00 each, up 0.11% from previous close 1,052.85.

REC Limited

The company in a stock exchange filing said that the Board of Directors has declared “Interim Dividend @ Rs.5/- (Rupees Five Only) per equity share of Rs.10/- for the financial year 2022-23. In addition, for the said interim dividend, The record date for the same is Wednesday, 9th November, 2022 and the said interim dividend shall be paid/remitted on Thursday, 24th November, 2022 to the shareholders whose names (a) appear as beneficial owners in the statement (s) electronically presented by the depository(s) at the close of business hours on Wednesday, November 9, 2022, in respect of shares held in In.”

As per the data available on BSE, the shares of REC are going to trade ex-dividend on 7th November 2022. Shares of REC Ltd closed on Friday. 104.10 level, down 0.048% from previous close 104.15.

Supreme Industries

The company has declared interim dividend @ 300% 6/- per share at face value 2 pieces. The record date for determining whether shareholders are eligible to receive the interim dividend has been set by the Company as Wednesday, November 9, 2022. As per BSE information, the shares of Supreme Industries will commence ex-dividend trading on November 7, 2022. Shares of Supreme Industries Limited closed on Friday 2,240.00 each, up 1.78% from previous close 2,200.75.

Supreme Petrochem

As per Supreme Petrochem Ltd., interim dividend of 4 (100%) for the financial year 2022-23 has been authorized and issued by the Board of Directors. The company’s record date will be Wednesday, November 9, 2022, according to the announcement. Consequently, shareholders of the Corporation will be entitled to receive dividend payments until the end of the business day on the relevant record date. As per BSE information, the stock will start trading ex-dividend from November 7, 2022.

Shares of Supreme Petrochem Ltd closed on Friday 777.00 each, up 1.82% from previous close 763.10.

LT Foods

The company, in a stock exchange filing, said that its board of directors has “declared an interim dividend of Rs. 0.50 per share on equity shares of Rs. 1/- for each financial year 2022-23. The Company has set Friday, November 11, 2022, as the record date for determining eligible shareholders to receive the Interim Dividend. The interim dividend will be paid/remitted within the period prescribed in the Companies Act, 2013. The company will be required to deduct tax at source (TDS) while paying interim dividend.”

As per the data available on BSE, the stock will trade ex-dividend on November 10. LT Foods shares closed on Friday 119.95 each, up 1.48% from the previous close 118.20.

Share India Securities

The company in a stock exchange filing said that its board of directors has declared a second interim dividend of Rs. 2.00/- per equity share Rs. 10/- for each financial year 2022-2023. As per the data available on BSE, the record date has been fixed as November 11 and the ex-date is falling on November 10. Dividend rights will be distributed on or before Friday, December 02, 2022. Shares of Share India Securities Ltd fell 0.72% from the previous close of Rs. 1,352.75 on Friday, Rs. 1,343.00 per share.

Dalmia Bharat

The company, in a stock exchange filing, said that its board of directors has declared “interim dividend @ Rs. 4/- (200%) per equity share on 18,74,68,673 equity shares of Rs. 2/- for each financial year 2022-23. Confirmation/approval of the record date (Friday, November 11, 2022) for determining the eligibility of shareholders for payment of interim dividend for the financial year 2022-23 in accordance with Regulation 42 of the Listing Regulations .

As per the data available on BSE, the stock will trade ex-dividend on November 10. Dalmia Bharat shares closed on Friday 1,745.30 each, up 5.63% from the previous close 1,652.20.

Nikko Park

On equity shares having a face value of Rs. At 1.00 PM, the company has declared second interim dividend @ 40% per share or 0.40 paise per share. The company expects to pay dividends to shareholders on or before December 2, 2022. The record date for payment of the second interim dividend is Monday, November 14, 2022. The stock will commence ex-dividend trading on November 14, 2022, according to BSE data. Shares of Nikko Parks closed on Friday 111.90 each, down 1.37% from previous close 113.45.

Siyaram Silk

The company has declared the first interim dividend of Rs. 4/- (200%) per equity share on paid-up equity shares of Rs. 2/- each, for the financial year 2022-23. The Company has set November 14, 2022 as the record date and stated that the Interim Dividend shall be deposited, paid or remitted on or after November 23, 2022. As per the data available on BSE, the stock will trade ex-dividend on 11th November 2022. The stock on Friday . closed on 540.50 level, up 14.16% from previous close 473.45.

GMM Pfaudler Ltd.

The company, in a stock exchange filing, said that its board of directors has approved the payment of “an interim dividend of Rs 1/- per share of Rs 2/- each (equity share) of the face value of 4,49,57,224 equity shares”. Total for the financial year 2022-23 Rs.4,49,57,224. On or before November 30, 2022, fixed November 14, 2022 as the record date for payment of interim dividend of Rs.1/- per equity share Went.”

As per the data available on BSE, the stock will trade ex-dividend on 11th November 2022. The stock closed on Friday. 1974.30 each level, up 5.82% from previous close 1865.80.

Ajanta Pharma

For the financial year FY23, the board of Ajanta Pharma approved . authorized interim dividend of 7 per equity share (350%) with a face value of 2 per share. Ajanta Pharma has set November 14 as the record date for determining eligible shareholders, and dividend payment will take place on or after November 24. As per information available on BSE, Ajanta Pharma will thus exit dividend on November 11.

Share on Friday. closed on Up 6.86% from the previous close of 1255.75 each 1348.20.

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