Dividend stocks: When the stock market opens on Thursday (February 8), investors will be focusing on shares of ITC Ltd, Gillette India Ltd, IRB Infrastructure Developers Ltd, Shree Cement Ltd, Ajanta Pharma Ltd, India Motor Parts & Accessories Ltd, Shreeji Translogistics Ltd, Tinna Rubber and Infrastructure Limited, and Vaibhav Global Ltd.
For the qualifying shareholders, the interim dividend, special dividend, and bonus issue have been declared by the boards of directors of these companies.
February 8 has been set as the record date by the nine firms to determine the eligibility of shareholders for their individual offerings.
2024 dividend stocks
ITC dividend 2024: A ₹6.25 interim dividend per equity share has been issued by the business.
The Board has declared an Interim Dividend of ₹6.25 per Ordinary Share of ₹1/- each for the financial year ending on March 31, 2024. The Dividend will be paid to eligible members between Monday, February 26, 2024, and Wednesday, February 28, 2024, according to a stock exchange filing made by ITC.
Gillette India dividend: An interim dividend of ₹45.00 per equity share and a special dividend of ₹40.00 per equity share have been announced by the firm.
Gillette India announced in a stock exchange filing that, for the company’s fiscal year 2023–2024, the board of directors at its meeting on January 31, 2024, decided to declare an interim dividend of Rs. 85 per equity share with a face value of Rs. 10 each, plus a one-time special dividend of Rs. 40 per share.
Developers of IRB Infrastructure: The business has announced anA provisional payout of ₹0.10 for each equity share.
The Board of Directors “Declared 2 nd Interim dividend of Re. 0.10/- per equity share of face value of Rs. 1/- each (@10% of face value of share) for financial year 2023-24,” IRB Infrastructure Developers stated in a stock exchange statement.
Shree Cement dividend: An interim dividend of ₹50.00 per equity share has been issued by the business.
Dividend announcement for Ajanta Pharma: The business has announced an interim dividend of ₹26.00 per equity share.
Dividend announcement for India Motor Parts & Accessories: The business has announced an interim dividend of ₹9.00 for each equity share.
Dividend announcement for Tinna Rubber and Infrastructure: An interim dividend of ₹3.00 per equity share has been made by the firm.
Vaibhav Global dividend: An interim dividend of ₹1.50 per equity share has been declared by the firm.
On Thursday, the following stocks will trade ex-dividend: ITC, Gillette India, IRB Infrastructure Developers, Shree Cement, Ajanta Pharma, India Motor Parts & Accessories, Tinna Rubber and Infrastructure, and Vaibhav Global.
Bonus shares 2024 Shreeji Translogistics bonus shares: The business has announced a 1:3 bonus issuance.
On Thursday, Shreeji Translogistics’ stock will trade ex-bonus.
This is a three-minute synopsis of everything Finance Minister Nirmala Sitharaman stated during her budget speech: