3 Stocks That Can Give Upto Rs 377 Per Share Dividends In April, If You Buy Now

Let's clarify a few things before we get into the article. When we say dividends in April means the ex-dividend dates are April, 2023, which means you would receive the dividend even later given that the processes take time. Secondly, these are not stocks we are suggesting to "buy", but, just information on their dividends. We do not have any view on their fundamentals.

Sanofi India dividends

Sanofi India has a tendency to declare high dividends and that too simultaneously. This time the company has declared Rs 183 as special and Rs 194 as final dividends. This takes the total to Rs 377 per share, which in our view is a whopping dividend. The ex-dividend date for the same is April 24, which means there is a possibility of receiving the dividends in May-June to hazard the best possible guess.

Crisil Dividends

Crisil has declared a dividend of 2300%, which means a dividend of about Rs 23 on a face value of Re 1. This is not great as Sanofi India, but, relatively good. The ex-dividend date for the same has been fixed as March 31, 2023. Again, this is a company that has a very good consistent track record of paying dividends.

Schaeffler India

This company is also paying a good dividend. The company has declared a dividend of 1200% and the ex dividend date is April 11, 2023. The company has a very good track record of declaring dividends. It's also important to remember when buying dividend related stocks that dividends are subject to taxation. Sometimes when an individual is in the highest tax bracket and receives substantial dividend, a lot of that could go into tax outflow. So, study your own tax liability before investing.

Disclaimer

The above article is for information only. This is not a "buy", "sell" or "hold" call. It is just information on companies that are slated to declare a dividend. Neither the author, nor Greynium Information Technologies Pvt Ltd, should be held responsible for decisions based on this article. Investing in stocks as we all know is subject to market risks.