Shares of BCPL Railway Infrastructure Ltd, Blue Dart Express Ltd, Jenburkt Pharmaceuticals Ltd, Mahindra Lifespace Developers Ltd, MAS Financial Services Ltd, Praj Industries Ltd, and Swelect Energy Systems Ltd are trading ex-dividend today, July 19, 2023
The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward
Dividends are payable to all shareholders whose names appear on the company's list by the end of the record date. Check the full list, details in regard to those stocks which are trading ex-dividend on Wednesday
BCPL Railway Infrastructure Ltd had declared a dividend of Rs 0.70. Blue Dart Express Ltd had declared a dividend of Rs 30 per equity share. Both stocks are trading ex-dividend on July 19, 2023
Jenburkt Pharmaceuticals Ltd had declared a dividend of Rs 14.40, and Mahindra Lifespace Developers has declared a dividend of Rs 2.30. Both are trading ex-dividend today
MAS Financial Services Ltd declared a dividend of Rs 1.85, Praj Industries Ltd had declared a dividend of Rs 4.50, and Swelect Energy Systems Ltd had declared a dividend of Rs 1.20 per equity share. Shares of all three companies are trading ex-dividend on July 19, 2023
Vedanta Ltd has the best dividend yield in the last 12 months among large-cap stocks at 31%. As per a report by Axis Securities, it is followed by Hindustan Zinc at 25%, Coal India at 10%, ONGC at 8%, and Power Grid and GAIL at 5%. TCS, despite having the largest market capitalisation among the companies on the list, has a lower dividend yield, of 3%
Piramal Enterprises was the only company from healthcare to make it to the largecap list with a dividend yield of 3%. Among the mid-cap companies, Sanofi India, REC and Oil India have the best dividend yield at 8%, followed by Power Finance Corporation and Oracle Financial Services at 6%
Among the small-cap companies, Bhansali Engineering and Polymers at 18% are among the top dividend yield companies, followed by RSWM at 14%, Forbes and Company at 10%, and IDFC, also at 10%. Banco Products, Polyplex Corporation, Goodyear India, and PNB Gilts had a dividend yield of 8%, while Balmer Lawrie and Nirlon had a dividend yield of 7%
Among the PSUs, Coal India had a dividend yield of 10%, while ONGC, REC, and Oil India had a dividend yield of 8%. Balmer Lawrie Investment had a dividend yield of 7%, followed by Power Finance Corporation (PFC) and HUDCO with a dividend yield of 6%. NALCO, PowerGrid had a dividend yield of 5%
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