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Over hundred stocks trade ex-dividend

RIL, HPCL, Biocon, Cadila Healthcare, TVS Motor, CESC, Shree Cement, Torrent Power & Marico went ex-dividend today.

Interim Dividend

SI Reporter  |  Mumbai 

106 stocks trade ex-dividend

As many as 106 stocks including Reliance Industries (RIL), Hindustan Petroleum Corporation (HPCL), Biocon, Cadila Healthcare, TVS Motor Company, CESC, Shree Cement, Torrent Power and Marico which had announced interim dividends were quoted ex-dividend today.

RIL declared an of Rs 10.50 per fully paid-up equity share of Rs 10 each. Total payout to shareholders would be Rs 3,402 crore and to the promoters would be Rs 1,548 crore. RIL has fixed March 18 as the record date.

AIA Engineering declared an of Rs 8 (400%) per equity share and a special (additional interim) dividend of Rs 10 (500%) per equity share to commemorate the silver jubilee year of the company; making the aggregate of Rs 18 (900%) per equity share for the financial year 2015-16.

TTK Prestige declared interim dividend of Rs 27 per share, while Borosil Glass Works announced Rs 25 per share and Empire Industries and Symphony declared Rs 20 per share each for the current fiscal.

Piramal Enterprises, Cheviot Company, Tata Investment Corporation and Vardhman Textiles announced interim dividend between Rs 15- Rs 18 per share, while Shree Cement, Wim Plast and Lumax Industries declared dividend of Rs 12 per share.

Company DPS (Rs) Company DPS (Rs)
Aegis Logistics 0.30 Man Infraconstruction 0.99
AIA Engineering 18.00 Marico 1.00
Ajanta Pharma 8.00 Meghmani Organics 0.30
Apm Industries 2.00 Menon Bearings 1.00
Arihant Capital Markets 0.75 Munjal Auto Industries 1.40
Astral Poly Technik 0.25 Muthoot Capital Services 5.50
Bajaj Electricals 2.80 Noida Toll Bridge 1.50
Biocon 5.00 Oberoi Realty 2.00
Bodal Chemicals 0.40 Om Metals Infraprojects 0.30
Borosil Glass Works 25.00 Persistent Systems 3.00
Cadila Healthcare 3.20 Piramal Enterprises 17.50
Carborundum Universal 0.50 Poly Medicure 2.50
CCL Products (India) 1.50 Praj Industries 1.62
CESC 10.00 Rane (Madras) 4.50
Chembond Chemicals 3.00 Rane Brake Lining 10.00
Cheviot Co. 17.00 Rane Holdings 10.00
Cupid 2.00 Ratnamani Metals 5.50
Deepak Fertilisers 5.00 Reliance Industries 10.50
Dewan Housing Finance 3.00 Responsive Industries 0.10
Dishman Pharmaceuticals 2.00 Rico Auto Industries 0.50
Divi'S Laboratories 10.00 Rushil Decor 0.50
Edelweiss Financial 0.25 S H Kelkar And Co 1.50
EIH 1.10 Sakuma Exports 1.00
Eih Associated Hotels 3.00 Samkrg Pistons & Rings 4.00
Elcid Investments 10.00 Sarda Energy & Minerals 2.00
Eldeco Housing 10.00 Shardul Securities 0.60
Elixir Capital Ltd 1.25 Shoppers Stop 0.75
Empire Industries 20.00 Shree Cement 12.00
FDC 2.25 SKP Securities 1.00
Fiem Industries 5.00 Sukhjit Starch 5.00
Force Motors 10.00 Sundaram Finance 5.50
Gini Silk Mills 0.50 Sundram Fasteners 1.30
Great Eastern Shipping Co. 7.50 Symphony 20.00
Gujarat Fluorochemicals 3.50 Syngene International 1.00
Hester Biosciences 3.00 Tata Investment 17.00
HPCL 7.00 Technocraft Ind 3.00
India Motor Parts 6.50 The Phoenix Mills Ltd 1.75
Indian Hume Pipe Co. 3.20 Thirumalai Chemicals 6.00
Indoco Remedies 1.40 Torrent Power 4.50
J.B.Chemicals 4.50 Trent 9.00
Jenburkt Pharmaceuticals 6.30 TTK Prestige 27.00
Jyothy Laboratories 4.00 TVS Motor Company 1.50
K.C.P. 1.00 Ufo Moviez India Ltd 5.00
Kanpur Plastipack 1.20 Ujaas Energy Limited 0.08
Kewal Kiran Clothing 7.00 Unichem Laboratories 2.00
Kirloskar Ferrous Industries 1.25 Vardhman Textiles 15.00
Kothari Products 3.00 V-Guard Industries 4.50
KRBL 1.90 Virat Crane Industries 0.50
Kriti Industries (India) 0.18 Visaka Industries 3.00
Kriti Nutrients Ltd 0.12 VTM 0.75
Lovable Lingerie 1.50 Wim Plast 12.00
Lumax Auto Technologies 4.70 Wonderla Holidays Ltd 1.50
Lumax Industries 12.00 Z.F.Steering Gear (India) 12.50
*DPS : Dividend per share in Rs Source: BSE

Since February 29, more than 200 companies announced that they will pay dividends to shareholders before the end of 31 March after finance minister Arun Jaitley introduced a 10% additional tax on individuals with dividend income of over Rs 10 lakh in the budget for the year starting 1 April.

In next three trading sessions, total 137 stocks will turn ex-dividend. The list includes Hero MotoCorp, TVS Srichakra, Bharat Forge, Eicher Motors, Ceat and Amara Raja Batteries.

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First Published: Thu, March 17 2016. 10:50 IST