Several companies, including Page Industries, have announced interim dividends. The record date is set for February 13, 2025. Investors must purchase shares before the ex-dividend date to receive the benefit.
Dividend stocks: Several companies' stocks will be in the spotlight on Wednesday in the stock market. Companies such as Auris Lifesciences, NHPC, Page Industries, Sun TV Network, United Van Der Horst, and Veedol Corporation have declared interim dividends for their shareholders. These companies' shares will trade on the ex-dividend date, Thursday, February 13, 2025.
Which companies are paying dividends?
According to BSE (Bombay Stock Exchange) data, these companies are paying interim dividends:
Page Industries: ₹150 per share (Highest interim dividend)
Auris Lifesciences: ₹7.35 per share
NHPC: ₹1.40 per share
Sun TV Network: ₹2.50 per share
United Van Der Horst: ₹1 per share
Veedol Corporation: ₹12 per share
All these companies have set the record date as February 13, 2025, based on which eligible shareholders will receive the dividend.
Other companies' stocks also on ex-date
Hero MotoCorp, Cochin Shipyard, Expleo Solutions, Torrent Power, ITC, Minda Corporation, TCI Express, Mann Infraconstruction, Uniparts India, and UNO Minda have also announced interim dividends for their shareholders. These companies will also trade on the ex-dividend date today.
What is the meaning of ex-date and record date?
Ex-date: The date after which purchasing shares will not entitle the investor to the dividend. That is, it is essential to buy shares before the ex-date to benefit from the dividend.
Record date: The date on which the company determines who will receive the dividend.
Following the dividend announcement, these companies have become attractive to investors. If you wish to take advantage of the dividend, investing before the ex-date might be the right time.
