Upcoming Dividend 2023

Company NameEx DatePurposeRecord Date
Shyam Metalics and Energy Ltd05 Jun 2023Interim Dividend - Rs. - 1.800005 Jun 2023
SKM EGG PRODUCTS EXPORT (INDIA) LTD.05 Jun 2023Interim Dividend - Rs. - 2.000005 Jun 2023
NELCO LTD.06 Jun 2023Dividend - Rs. - 2.0000-
PRIME SECURITIES LTD.06 Jun 2023Dividend - Rs. - 0.5000-
MARKSANS PHARMA LTD.07 Jun 2023Final Dividend - Rs. - 0.500007 Jun 2023
Optiemus Infracom Ltd07 Jun 2023Interim Dividend - Rs. - 1.500007 Jun 2023
SESHASAYEE PAPER & BOARDS LTD.07 Jun 2023Dividend - Rs. - 6.0000-
TATA POWER CO.LTD.07 Jun 2023Final Dividend - Rs. - 2.0000-
Uniparts India Ltd07 Jun 2023Interim Dividend - Rs. - 6.000007 Jun 2023
Bikaji Foods International Ltd08 Jun 2023Final Dividend - Rs. - 0.7500-
PONNI SUGARS (ERODE) LTD.08 Jun 2023Final Dividend - Rs. - 6.5000-
QGO Finance Ltd08 Jun 2023Interim Dividend - Rs. - 0.100008 Jun 2023
ASIAN PAINTS LTD.09 Jun 2023Final Dividend - Rs. - 21.250009 Jun 2023
BHANSALI ENGINEERING POLYMERS LTD.-$09 Jun 2023Final Dividend - Rs. - 1.0000-
BHANSALI ENGINEERING POLYMERS LTD.-$09 Jun 2023Special Dividend - Rs. - 14.0000-
CAPLIN POINT LABORATORIES LTD.09 Jun 2023Interim Dividend - Rs. - 2.000009 Jun 2023
CIGNITI TECHNOLOGIES LTD.09 Jun 2023Final Dividend - Rs. - 3.000009 Jun 2023
DYNAMATIC TECHNOLOGIES LTD.-$09 Jun 2023Final Dividend - Rs. - 7.000009 Jun 2023
ELECON ENGINEERING CO.LTD.09 Jun 2023Final Dividend - Rs. - 2.0000-
ELPRO INTERNATIONAL LTD.09 Jun 2023Interim Dividend - Rs. - 0.230009 Jun 2023
HDFC Asset Management Company Ltd09 Jun 2023Dividend - Rs. - 48.000009 Jun 2023
Himadri Speciality Chemical Ltd09 Jun 2023Final Dividend - Rs. - 0.2500-
INDIAN HOTELS CO.LTD.09 Jun 2023Final Dividend - Rs. - 1.0000-
NATIONAL FERTILIZERS LTD.09 Jun 2023Interim Dividend - Rs. - 1.530009 Jun 2023
NRB BEARINGS LTD.09 Jun 2023Interim Dividend - Rs. - 4.100009 Jun 2023
SOLAR INDUSTRIES INDIA LTD.09 Jun 2023Final Dividend - Rs. - 8.0000-
VOLTAS LTD.09 Jun 2023Final Dividend - Rs. - 4.2500-
APCOTEX INDUSTRIES LTD.12 Jun 2023Final Dividend - Rs. - 3.5000-
Cyient Limited12 Jun 2023Final Dividend - Rs. - 16.0000-
ICICI Lombard General Insurance Company Ltd12 Jun 2023Final Dividend - Rs. - 5.500012 Jun 2023
INDIAN BANK12 Jun 2023Final Dividend - Rs. - 8.6000-
RELIANCE INDUSTRIAL INFRASTRUCTURE LTD.12 Jun 2023Dividend - Rs. - 3.500012 Jun 2023
TATA INVESTMENT CORPORATION LTD.12 Jun 2023Final Dividend - Rs. - 48.0000-
DIAMINES & CHEMICALS LTD.-$13 Jun 2023Final Dividend - Rs. - 3.0000-
JINDAL SAW LTD.13 Jun 2023Final Dividend - Rs. - 3.0000-
LKP Finance Limited13 Jun 2023Final Dividend - Rs. - 1.0000-
LKP Securities Ltd13 Jun 2023Final Dividend - Rs. - 0.1000-
CANARA BANK14 Jun 2023Dividend - Rs. - 12.000014 Jun 2023
Shankara Building Products Ltd14 Jun 2023Final Dividend - Rs. - 2.5000-
TATA CHEMICALS LTD.14 Jun 2023Final Dividend - Rs. - 17.5000-
DCB Bank Limited15 Jun 2023Final Dividend - Rs. - 1.250015 Jun 2023
DJ Mediaprint & Logistics Ltd15 Jun 2023Final Dividend - Rs. - 0.1500-
VISAKA INDUSTRIES LTD.15 Jun 2023Final Dividend - Rs. - 0.6000-
Angel One Ltd16 Jun 2023Final Dividend - Rs. - 4.000016 Jun 2023
AVANTEL LTD.16 Jun 2023Final Dividend - Rs. - 1.000016 Jun 2023
EIMCO ELECON (INDIA) LTD.16 Jun 2023Final Dividend - Rs. - 5.0000-
HDFC Life Insurance Company Ltd16 Jun 2023Final Dividend - Rs. - 1.900016 Jun 2023
HIGH ENERGY BATTERIES (INDIA) LTD.16 Jun 2023Final Dividend - Rs. - 3.5000-
PIRAMAL ENTERPRISES LTD.16 Jun 2023Final Dividend - Rs. - 31.000016 Jun 2023
POWER FINANCE CORPORATION LTD.16 Jun 2023Final Dividend - Rs. - 4.500016 Jun 2023
Shriram Finance Ltd16 Jun 2023Final Dividend - Rs. - 20.0000-
SMC Global Securities Ltd16 Jun 2023Final Dividend - Rs. - 1.200016 Jun 2023
TORRENT POWER LTD.16 Jun 2023Final Dividend - Rs. - 4.000016 Jun 2023
Welspun Corp Limited16 Jun 2023Final Dividend - Rs. - 5.000016 Jun 2023
AUTOMOBILE CORPORATION OF GOA LTD.-$19 Jun 2023Final Dividend - Rs. - 15.0000-
Craftsman Automation Ltd19 Jun 2023Final Dividend - Rs. - 11.2500-
FUTURISTIC SOLUTIONS LTD.19 Jun 2023Final Dividend - Rs. - 1.0000-
HINDUSTAN UNILEVER LTD.19 Jun 2023Final Dividend - Rs. - 22.0000-
BANK OF INDIA20 Jun 2023Dividend - Rs. - 2.000020 Jun 2023
CERA SANITARYWARE LTD.20 Jun 2023Dividend - Rs. - 50.0000-
Newgen Software Technologies Ltd20 Jun 2023Final Dividend - Rs. - 5.000020 Jun 2023
SAGAR CEMENTS LTD.-$20 Jun 2023Final Dividend - Rs. - 0.7000-
PANASONIC CARBON INDIA CO.LTD.-$21 Jun 2023Dividend - Rs. - 12.0000-
SHREE DIGVIJAY CEMENT CO.LTD.-$21 Jun 2023Final Dividend - Rs. - 2.500021 Jun 2023
SUPREME INDUSTRIES LTD.21 Jun 2023Final Dividend - Rs. - 20.0000-
VIMTA LABS LTD.-$21 Jun 2023Final Dividend - Rs. - 2.0000-
eMudhra Ltd22 Jun 2023Final Dividend - Rs. - 1.2500-
Rainbow Children's Medicare Ltd22 Jun 2023Final Dividend - Rs. - 3.000022 Jun 2023
TATA STEEL LTD.22 Jun 2023Final Dividend - Rs. - 3.6000-
VTM LTD.22 Jun 2023Final Dividend - Rs. - 0.7000-
Dhampur Bio Organics Ltd23 Jun 2023Dividend - Rs. - 3.500023 Jun 2023
DUTRON POLYMERS LTD.-$23 Jun 2023Dividend - Rs. - 1.4000-
GHCL LTD.23 Jun 2023Final Dividend - Rs. - 17.500024 Jun 2023
Medico Intercontinental Ltd23 Jun 2023Final Dividend - Rs. - 0.100023 Jun 2023
PUNJAB NATIONAL BANK23 Jun 2023Dividend - Rs. - 0.6500-
RAYMOND LTD.23 Jun 2023Final Dividend - Rs. - 3.000023 Jun 2023
TORRENT PHARMACEUTICALS LTD.23 Jun 2023Final Dividend - Rs. - 8.000023 Jun 2023
Anant Raj Limited-$27 Jun 2023Final Dividend - Rs. - 0.5000-
Bombay Oxygen Investments Ltd27 Jun 2023Final Dividend - Rs. - 15.0000-
SUPREME PETROCHEM LTD.27 Jun 2023Final Dividend - Rs. - 7.0000-
WELSPUN INDIA LTD.27 Jun 2023Final Dividend - Rs. - 0.1000-
SKF India Ltd29 Jun 2023Final Dividend - Rs. - 40.000029 Jun 2023
ALUFLUORIDE LTD.30 Jun 2023Final Dividend - Rs. - 2.000030 Jun 2023
BAJAJ AUTO LTD.30 Jun 2023Final Dividend - Rs. - 140.000030 Jun 2023
BAJAJ FINSERV LTD.30 Jun 2023Final Dividend - Rs. - 0.800030 Jun 2023
BAJAJ HOLDINGS & INVESTMENT LTD.30 Jun 2023Final Dividend - Rs. - 13.000030 Jun 2023
Bajaj Finance Limited30 Jun 2023Final Dividend - Rs. - 30.000030 Jun 2023
BANK OF BARODA30 Jun 2023Dividend - Rs. - 5.5000-
GLAXOSMITHKLINE PHARMACEUTICALS LTD.30 Jun 2023Final Dividend - Rs. - 32.000030 Jun 2023
Greenlam Industries Ltd30 Jun 2023Final Dividend - Rs. - 1.500030 Jun 2023
KUANTUM PAPERS LTD.30 Jun 2023Final Dividend - Rs. - 3.0000-
MAHARASHTRA SCOOTERS LTD.30 Jun 2023Final Dividend - Rs. - 60.000030 Jun 2023
Nippon Life India Asset Management Ltd30 Jun 2023Final Dividend - Rs. - 7.500030 Jun 2023
NILKAMAL LTD.30 Jun 2023Final Dividend - Rs. - 20.0000-
Sona BLW Precision Forgings Ltd30 Jun 2023Final Dividend - Rs. - 1.530030 Jun 2023
Syngene International Ltd30 Jun 2023Final Dividend - Rs. - 0.500030 Jun 2023
Syngene International Ltd30 Jun 2023Special Dividend - Rs. - 0.750030 Jun 2023
Vaibhav Global Ltd30 Jun 2023Final Dividend - Rs. - 1.5000-
Welspun Enterprises Ltd30 Jun 2023Final Dividend - Rs. - 1.0000-

Announcements after the Result

When it comes to investing, the dividend is an important concept to understand. A dividend is a portion of a company’s profit that is paid out to shareholders or investors of that company. Generally, the money is paid out on a quarterly or annual basis. For example, if a company earns a profit of $10 million in a quarter, it may decide to pay out $5 million in dividends to its shareholders.

The dividend is typically paid out in cash, but it can also be paid out in the form of stock or other assets. Dividends are usually paid out as a percentage of the company’s total profits. For example, if a company makes a profit of $10 million, it may decide to pay out 10% of that amount to its shareholders as a dividend.

Dividend payments are an important source of income for investors, as they provide a steady stream of income that can be used to fund investments. By investing in dividend stocks, investors can receive regular payments without having to worry about the stock’s performance.

Why do Companies Give Dividends?

There are several reasons why companies may choose to pay out dividends. The most common reason is to reward shareholders for their loyalty and to encourage them to continue to hold the stock. Companies may also pay dividends to raise capital for expansion or other projects. Additionally, companies may pay out dividends to make the stock more attractive to potential investors.

Another reason why companies may pay out dividends is to generate more income. By doing so, they can increase their overall profits and give shareholders more money to invest in other areas. Finally, companies may pay out dividends to make up for losses. For example, if a company has experienced a period of poor performance, it may choose to pay out a larger dividend to compensate for the losses.

How Long Do You Have To Hold A Stock To Get The Dividend?

In order to receive a dividend, you must own the stock at the date the dividend is declared. This date is known as the “record date” or “ex-dividend date”. If you own the stock on the record date, then you will receive the dividend. Those who purchase the stock after the record date will not receive the dividend.

The length of time you must hold the stock in order to receive the dividend varies depending on the company. Generally, you must hold the stock for at least two to three weeks before the dividend is paid out. However, some companies may require you to hold the stock longer in order to receive the dividend.

It is important to note that you must also own the stock on the payment date in order to receive the dividend. If you sell the stock before the payment date, then you will not receive the dividend.

How Many Times Does A Company give Dividend?

The frequency of dividend payments varies from company to company. Some companies pay out dividends on a quarterly basis, while others pay out dividends on an annual basis. Additionally, some companies may pay out dividends more or less frequently depending on their performance.

It is also important to note that some companies may not pay dividends at all. Companies are not obligated to pay dividends, and some may choose to reinvest profits instead. Additionally, some companies may suspend or reduce their dividend payments during periods of poor performance.

Investing in Dividend Stocks

Investing in dividend stocks is a great way to generate a steady stream of income. Dividend stocks tend to be more stable than other stocks, as they are typically well-established companies with a history of paying out dividends. Additionally, dividend stocks often pay out more than other stocks, making them attractive to investors.

When investing in dividend stocks, it is important to research the company and understand the risks associated with it. Additionally, it is important to understand the company’s dividend policy and how often it pays out dividends. Additionally, it is important to consider the company’s financial performance and future prospects.

Finally, it is important to understand the tax implications of dividend payments. Depending on your country’s tax laws, you may be liable for taxes on the dividend income you receive. It is important to research the tax implications of dividend payments before investing in dividend stocks.

Are Dividend Stocks Worth It?

Dividend stocks can be a great way to generate passive income and diversify your portfolio. However, it is important to understand the risks associated with investing in dividend stocks. Additionally, it is important to understand the company’s dividend policy and make sure you are able to hold the stock for the required length of time in order to receive the dividend.

Ultimately, whether or not dividend stocks are worth it depends on your individual goals and risk tolerance. Dividend stocks can provide a steady stream of income, but they also come with risks. It is important to consider these risks and make sure you are comfortable with them before investing in dividend stocks.

In conclusion, dividend investing can be a great way to generate passive income and diversify your portfolio. However, it is important to understand the risks associated with investing in dividend stocks and make sure you are able to hold the stock for the required length of time in order to receive the dividend. Additionally, it is important to understand the tax implications of dividend payments before investing in dividend stocks. With the right research and understanding, dividend stocks can be a great way to generate passive income and diversify your portfolio.