Interim Dividend

The uptick in Indo US Bio-Tech shares came after the company announced that the Board of Directors of the company has declared an interim dividend of Rs 0.25 per equity share for FY25

Mining major Vedanta Ltd on Wednesday said its board will meet on October 8 to consider and approve the fourth interim dividend for 2024-25. The record date for the purpose of determining the entitlement of the equity shareholders for the fourth dividend, if declared, is being fixed as October 16, 2024, the mining conglomerate said in an exchange filing. So far, the Anil Agarwal-led entity has approved a total dividend of Rs 13,474 crore for 2024-25. On September 2, the company's board approved the third interim dividend of Rs 20 per share for the current financial year, taking the total dividend payout for FY'25 to Rs 13,474 crore. Vedanta fixed September 10 as the date for the purpose of payment of dividend. Earlier, the board on July 26 had approved the second interim dividend of Rs 4 per equity share for 2024-25 amounting to Rs 1,564 crore. On May 16, the company had approved the first interim dividend of Rs 11 per equity share for FY'25 amounting to Rs 4,089 crore. During 202

As many as 24 stocks will trade ex-date today for the several corporate actions that these companies have announced, including dividends, bonus issues, or rights issues

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

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

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

Anil Agarwal-led Vedanta Ltd on Wednesday said its board will meet next week to consider and approve the third interim dividend for the ongoing financial year. Last month, the company approved the second interim dividend for 2024-25. "...the meeting of the board of directors of the company is proposed to be scheduled on Monday to consider and approve the third interim dividend on equity shares, if any, for the financial year 2024-25," Vedanta said in a filing to the BSE. Vedanta Ltd had in July approved a second interim dividend of Rs 4 per share for the current fiscal year. Vedanta Ltd has prepared a war chest of Rs 30,000 crore with recent funds raised through a qualified institutional placement (QIP), offer for sale (OFS) and dividend to pursue further deleveraging and growth, sources had said. Proceeds from the Rs 8,500-crore QIP of Vedanta Ltd, HZL's OFS of Rs 3,200 crore, and Rs 5,100 crore from the second interim dividend, coupled with existing cash reserves of Rs 13,000 cr

Vedanta second interim dividend: The second interim dividend will cost the company Rs 4,089 crore and its record date has been fixed at December 27

Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share

Its consolidated revenue from operations rose 10 per cent to Rs 5,841.7 crore in Q4FY23

The FMCG giant has fixed 21 April as the record date for determining the eligibility of shareholders for interim dividend payment

TD Power Systems on Wednesday posted nearly three per cent rise in its consolidated net profit at Rs 20.07 crore in the quarter ended December 2022. The consolidated net profit of the company was Rs 19.53 crore in the corresponding quarter that ended on December 31, 2021, showed a BSE filing. Total income rose to Rs 205.65 crore in the quarter from Rs 183.06 crore in the same period a year ago. Board has also declared an interim dividend of Rs 0.50 (fifty paise) per equity share of face value of Rs 2 each to the equity shareholders of the company for the financial year ending March 31, 2023. The payment of dividend will be made within 30 days of its declaration.

IDFC board declares special interim dividend of Rs 11 per share; Govt of India, the firm's largest shareholder, to receive Rs 287 cr payout

Vedanta Q3 result: On a quarterly basis, however, the profit is up 15 per cent

Torrent Pharma on Wednesday said its consolidated net profit increased by 14 per cent to Rs 283 crore in the third quarter ended December 31, 2022. The drug firm had reported a net profit of Rs 249 crore in the October-December period of previous fiscal. Net sales increased to Rs 2,459 crore in the quarter under review as against Rs 2,092 crore in the year-ago period, the company said in a regulatory filing. The company's board, which met on Wednesday, declared an interim dividend of Rs 14 (280 per cent) per share of Rs 5 each. On Wednesday, shares of the company ended 1.86 per cent down at Rs 1,557.50 apiece on the BSE.

So far, the company's dividend payout in FY23 stands at Rs 25,465 crore, more than the FY22 number of Rs 16,740 crore

Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022

The company, in its exchange filing last week, informed that the board of directors will consider a proposal for payment of interim dividend for the financial year 2022-2023, during its scheduled meet

The board has recommended an interim dividend of Rs 13 per share, with the record date for payout on 4 November 2022.

So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore