Page 15 - Dividend

Dividend, share buyback: These 10 stocks go ex-date today; do you own any?

Shares of Transport Corporation of India will trade ex-date today for the share buyback, while Prince Pipes and 8 others will trade ex-dividend today

Dividend, Bonus, Buyback: 17 stocks turn ex-date today; are you eligible?

Shares of Garment Mantra Lifestyle and Nucleus Software Exports will trade ex-date for the bonus issue and share buyback, respectively, that they have announced

Govt receives about Rs 2,413 cr as dividend tranche from BPCL: Dipam secy

The government has received about Rs 2,413 crore in dividends from oil PSU BPCL, the Department of Investment and Public Asset Management (DIPAM) said on Monday. "Government has received about Rs 2,413 crore from BPCL as dividend tranche," DIPAM Secretary Tuhin Kanta Pandey said in a post on X. In the current financial year 2024-25 so far, Rs 15,389.14 crore has been received through dividends from the CPSEs. This includes Rs 5,091 crore from Indian Oil Corp (IOC), Rs 40 crore from Electronics Corporation of India Ltd (ECIL), Rs 554 crore from Power Finance Corp, and Rs 3,443 crore from Telecommunications Consultants India Ltd (TCIL) as special dividend. In the current fiscal, the government has budgeted to collect Rs 56,260 crore as dividends from public sector enterprises, up from Rs 50,000 crore in the 2023-24 fiscal. Separately, the country's largest insurer Life Insurance Corporation (LIC) paid a dividend of Rs 3,662.17 crore for FY24 last week. This amount is in addition to

Dividend, Stock Split: These shares trade ex-date today; are you eligible?

A dividend is a portion of a company's earnings distributed to its shareholders, representing a reward for investors, typically paid out on a quarterly or annual basis

NBCC approves 1:2 bonus share issue, allocates Rs 90 crore for it

State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that the board has approved issuance of bonus shares and fixation of record date. "The Board of Directors has recommended the issuance of bonus shares to the shareholders of the company in the ratio of 1:2 i.e. one new fully paid-up equity share of Rs 1 each for every two existing shares to the eligible members as on the record Date," the company said. The company proposes to issue 90 crore shares as bonus shares. "Free reserves of Rs 90 crore would be utilised for the issue of bonus Shares," the NBCC said. This is subject to the approval of the shareholders in the forthcoming Annual General Meeting. The Board has fixed October 7, 2024 as record date to determine the eligibility of members to receive bonus shares. NBCC is mainly int

Dividend fever hits 86 stocks! Gulf Oil others to trade ex-date next week

A dividend, often considered an additional source of income for investors upon their investment, is distributed by the company to its shareholders from its income

Dividend, Right Issue, Buyback: OIL, PFC, 31 more stocks turn ex-date today

Companies declare the beneficiaries of dividends, bonus shares, or buyback offers based on the list of investors recorded by the end of record date. Here is the list of stocks to trade ex-date today

Bank of China announces first interim dividend even as profits fall

The state-owned lender will distribute 1.208 yuan ($0.17) per 10 shares in interim payouts, according to a Thursday exchange filing

Govt receives Rs 5,091 cr from Indian oil corp as dividend tranche

The government has received about Rs 5,091 crore from Indian Oil Corp as dividend, the Department of Investment and Public Asset Management (DIPAM) said on Thursday. The "Government has received about Rs 5,091 crore from Indian Oil Corporation Ltd (IOCL) as dividend tranche," DIPAM Secretary Tuhin Kanta Pandey said in a post on X. During the current financial year 2024-25, so far Rs 10,604.74 crore has been obtained through dividend from the CPSEs. This include Rs 40 crore from Electronics Corporation of India Ltd (ECIL), Rs 554 crore from Power Finance Corp, and Rs 3,443 crore from Telecommunications Consultants India Ltd (TCIL) as special dividend. In the current fiscal, the government has budgeted to collect Rs 56,260 crore as dividend from public sector enterprises, up from Rs 50,000 crore in 2023-24 fiscal. Separately, country's largest insurer Life Insurance Corporation (LIC) has paid a dividend of Rs 3,662.17 crore for FY2023-24. "Smt @nsitharaman receives a dividend chequ

Dividend alert! These 8 stocks turn ex-date today; do you own them?

A dividend is a portion of a company's profits paid to shareholders, typically expressed as a dividend per share. Here's the list of stocks trading ex-dividend today

Dividend, Right Issue: Hindustan Zinc, 12 other stocks turn ex-date today

Dividend, often considered an additional source of income for shareholders, refers to a portion of a company's profit that the company distributes among its shareholders

CIL's contribution to govt exchequer rises 2% to Rs 20,072 cr in Apr-Jul

Coal India's contribution to govt exchequer rises 2 pc to Rs 20,072 cr in Apr-July

Dividend, share-buyback: These stocks turn ex-date today; are you eligible?

Dividend, share-buyback today: The ex-date is when a stock begins trading without the entitlement to dividends, bonus shares, or buyback offers, as the case may be

Dividend, Buyback today: These stocks will trade ex-date; Check FULL list

Traders will be closely watching Dhruv Consultancy Services, and Manappuram Finance as their shares will trade ex-dividend today

Investors' glee! 14 stocks to trade Ex-Date next week for Dividend, Buyback

Here is a list of stocks that will trade ex-date in the next week for several corporate actions, including dividends, and share buybacks

Home Minister Shah receives Rs 19.08 crore dividend from Repco Bank

A cheque for Rs 19.08 crore was received by Union Home Minister Amit Shah on Thursday as dividend of the Repco Bank, a Government of India enterprise functioning under the administrative control of the Ministry of Home Affairs. Shah congratulated the Repco Bank on achieving the remarkable feat of registering a stellar 11-per cent growth rate in the financial year 2023-24. "Today, on behalf of the MHA, received a cheque for Rs 19.08 crore from the Chairman of Repco Bank, Shri E Santhanam, and the Managing Director, Shri O M Gokul, as a dividend on the Government of India's share capital. The bank, under the administrative jurisdiction of the MHA, has proven what commitment to serving the nation can achieve," the home minister said in a post on X.

Pfizer surges 3% as investors cheer 350% dividend announcement; details

The northward movement in the rally follows the announcement of a whopping 350 per cent dividend, or Rs 35 per share, for FY24

Tobacco stock soars 26% in 1 week on 2800% dividend bounty; rises 8% today

BSE analytics reflect that the company's shares have sprinted 164.57 per cent year-to-date, while in the last six months they have yielded a return of 107.94 per cent

Dividend, Bonus, Buyback: 11 stocks to trade ex-date next week; Check LIST

Here is a list of stocks that will trade ex-date in the coming days for several corporate actions, including dividends, bonus issues, and share buybacks

Hindustan Zinc plans special dividend payout of Rs 8,000 cr to shareholders

Vedanta group firm Hindustan Zinc Ltd (HZL) plans to dole out a special dividend payout of Rs 8,000 crore to its shareholders in the current fiscal, according to sources. HZL's board is likely to meet on Tuesday to consider and approve the special dividend payment for this fiscal, they said. "Of this, around 30 per cent or Rs 2,400 crore may go to the Centre contributing to its non-tax revenues for the fiscal," sources in the know of the development said. The move follows the National Company Law Tribunal's (NCLT) approval to transfer Rs 10,383 crore of general reserves to its retained earnings. This special dividend will be over and above the regular dividend of around Rs 6,000 crore, which HZL doles out every year. Apart from the government, this will also benefit promoter Vedanta Ltd, which holds around 65 per cent stake in HZL, and will receive around Rs 5,100 crore, which it may use to further de-leverage its balance sheet. Vedanta will also be selling up to a 3.31 per cent