19 Stocks To Go Ex-Dividend Next Week For Dividend Upto 1500%

Markets hit a new record high this week, but, gave-up some gains towards the end of the week. Overall, the momentum for stocks has been strong and analysts expect a further upside in stocks. Here are a few stocks that would go ex-dividend next week for very good dividends.

Name	Ex-dividend date	Dividend %
Bajaj Finance	Jun-30	1500%
Canfin Homes	Jun-30	100%
Kuantum Papers	Jun-30	400%
Supreme Petro	Jun-27	350%
SKF India	Jun-29	400%
Bank of Baroda	Jun-30	275%
Glaxo Smithkline	Jun-30	320%
Aegis Logistics	Jun-30	125%
Maharashtra Scooters	Jun-30	600%

Other stocks that will go ex-dividend next week include names like Sona BLW, Nilkamal Plastics, Nippon, Hitech Corp, Vaibhav Global, Escorts Kubota, Greenlam Industries, Syngene International, Welspun Enterprises etc.

Weak global cues

Domestic indices extended the losses for the second consecutive day amid weakness globally. Nifty opened lower and remained in negative territory throughout the session to close with a loss of 106 points at 18666 points. The broader market too ended in red with Nifty midcap and smallcap 100 down 1% each. Except for Pharma, all sectors ended in red with Metals, Consumer Durables, Auto, and Oil & Gas down between 2-1%.

"Indian equities have gained ~8% from the low made in April with Sensex touching new high during the week. Weak commentary by global IT giant Accenture, a rate hike by BOE and hawkish commentary by US Fed Chair led to profit booking at higher levels that stopped Nifty from making a new high as the index fell short of just 1 point on Thursday. We expect the market to consolidate in the near term, although investors should use corrections as buying opportunity,' Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Disclaimer

Please note, these stocks only highlight dividends and are not recommendations from our end. Investors may please note, that neither the author, nor Greynium Information Technologies would be responsible for losses incurred. Please consult a professional advisor before investing.