The ex-dividend date is set by the exchange and is usually 1-2 business days before the record date. If you buy the stock on or after the ex-dividend date, you won’t receive the dividend. The company announces the record date to determine the eligibility of the investors. Only those investors who own the shares of Trent and JSW Steel will be entitled to receive the dividends.
The company had on August 29, informed the exchange about the record date. It will give a dividend of Rs 2.71 per share subject to the approval of the company members in their 92nd AGM scheduled on September 26. The final dividend will be paid within 30 days from the conclusion of the AGM.Mazagon Dock has declared 11 dividends since February 22, 2021. In the past 12 months, PSU defence stock has declared an equity dividend amounting to Rs 38.30 per share, Trendlyne data said. At the current share price of Rs 2,993, Mazagon Dock’s dividend yield is 1.28%. Adjusting for bonus/splits the dividend yield is 0.69%.
NALCO has announced a dividend of Rs 2.50 per share. The company has declared 48 dividends since August 29, 2003. In the past 12 months, the company has declared an equity dividend amounting to Rs 10 per share. At the current share price of Rs 213.26, NALCO’s dividend yield is 4.69% according to Trendlyne.
BDL has announced a dividend of Rs 0.65 per share. The company has declared 15 dividends since September 18, 2018. In the past 12 months, the company has declared an equity dividend amounting to Rs 4.85 per share. At the current share price of Rs 1,624, NALCO’s dividend yield is 0.30% according to Trendlyne.
MOIL has announced a dividend of Rs 1.61 per share. The company has declared 29 dividends since February 17, 2011. In the past 12 months, the company has declared an equity dividend amounting to Rs 4.02 per share. At the current share price of Rs 353.95, NALCO’s dividend yield is 1.14% according to Trendlyne.
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