This means today is the last day to buy shares of these companies to qualify for the announced dividends.
Here are the brief details of these companies on their dividend updates:
IRCTC
Indian Railway Catering & Tourism Corporation had declared an interim dividend of Rs 4 per share for FY25 on October 16, with a record date of November 13.
“Declared an Interim Dividend of Rs.4/- per share on Equity Shares of face value of Rs.2/- each for the FY 2024-25 (i.e., @200% of the paid-up share capital amounting to Rs.320 Crore) and fixed Thursday, 14 November 2024 as the Record Date for the purpose of payment of Interim Dividend of the FY 2024-25,” said the company in an exchange filing.
In the past 12 months, Indian Railway Catering & Tourism Corporation Ltd. has declared an equity dividend amounting to Rs 6.50 per share.At the current share price of Rs 818.3500, Indian Railway Catering & Tourism Corporation Ltd.’s dividend yield is 0.79%.The shares of IRCTC closed 2.9% lower at Rs 811.50 on BSE on Tuesday.
RITES
Rites Ltd declared a second interim dividend for FY25 at the rate of Rs 1.75 per share. The record date set for the purpose of payment of second interim dividend for FY25 is Friday, 15th November.
“Declaration of 2nd (Second) interim dividend for the Financial Year 2024-25 at the rate of ₹ 1.75 per share (17.50 % of paid-up share capital) of the Company. Further, the record date set for the purpose of payment of 2nd (Second) interim dividend for Financial Year 2024-25 is Friday, 15th November, 2024,” said the company in an exchange filing.
Rites has declared 24 dividends since September 11, 2018 and in the past 12 months, the company has declared an equity dividend amounting to Rs 12.25 per share.
At the current share price of Rs 280.2500, Rites Ltd.’s dividend yield is 4.37%. Adjusting for Bonus/Splits the dividend yield is 2.19%.
The shares of Rites closed 1.3% higher at Rs 280.30 on BSE on Tuesday.
Here is a list of other companies that will start trading ex-dividend from Thursday, November 14, according to the StockEdge data:
Aptus Value Housing Finance India Ltd: The company declared an interim dividend of Rs 2 per share.
Amara Raja Energy & Mobility Ltd: The company declared an interim dividend of Rs 5.3 per share.
Astral Ltd: The company declared an interim dividend of Rs 1.5 per share.
Container Corporation of India (CONCOR): The PSU declared an interim dividend of Rs 3.24
Gretex Corporate Services Ltd: The company declared an interim dividend of Rs 0.3 per share.
Indian Metals & Ferro Alloys Ltd: The company declared an interim dividend of Rs 10 per share.
IRCTC: The railway arm declared an interim dividend of Rs 4 per share.
K.P. Energy Ltd: The company declared an interim dividend of Rs 0.2 per share.
KP Green Engineering Ltd: The company declared an interim dividend of Rs 0.2 per share.
KPI Green Energy Ltd: The company declared an interim dividend of Rs 0.2 per share.
Oil India: The oil explorer declared an interim dividend of Rs 3 per share.
Page Industries Ltd: The company declared an interim dividend of Rs 250 per share.
Power Grid Corporation: The power major declared an interim dividend of Rs 4.5 per share.
QGO Finance Ltd: The company declared an interim dividend of Rs 0.15 per share.
RITES Ltd: The company declared an interim dividend of Rs 1.75 per share.
Kotyark Industries Ltd, which declared an interim dividend of Rs 7.5 per share, will start trading ex-dividend from Friday, November 15, according to data from StockEdge. Since November 15 is a market holiday, November 14 becomes the cut-off date for determining shareholder eligibility.
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