Dividend Stocks: 4 Stocks Among Page Ind., IRFC, Gabriel Set Record Date For Upto 700% Dividends

Along with declaring quarterly results, these 4 below-mentioned companies have announced sharp dividends for FY23. Check details to invest ahead of the dividend record dates.

Cochin Shipyard Ltd.

Multibagger PSU stock Cochin Shipyard Ltd. declared an Interim Dividend of Rs. 7 equity share (70%), with a face value of Rs. 10 each. The board has fixed the Record Date for the dividend on November 22, 2022. The company's current market price on NSE gained to around Rs. 644.80. In the past 6 months this stock's share price gained by 109.55%. The PSU company's consolidated income in Q2 FY23 increased to Rs. 744.88 crore from Rs. 738.01 crore in Q2 FY22.

Page Industries

Page Industries declared a whopping Interim Dividend of Rs. 70 per equity shares (700%). The board has fixed the Record Date for the dividend on November 18, 2022. The date fixed for payment of dividend is on or before December 9, 2022. The company's current market price on NSE gained to around Rs. 47,499.95. In the past 6 months this stock's share price gained by 16.09%. The company is the parent of the brand of Jockey. In Q2FY23, its revenue stood at Rs. 1,255 crore gained by 16% YoY, while EBITDA stood at Rs. 237.9 crore.

Gabriel India Limited

Gabriel India Limited declared an Interim Dividend of Rs. 0.90 per equity share having face value of Re. 1 each. The board has fixed the Record Date for the dividend on November 18, 2022. The dividend will be paid, on or before Friday, December 09, 2022. The company's current market price on NSE gained to around Rs. 160. In the past 6 months this stock's share price gained by 50.66%.

Indian Railway Finance Corp Ltd. (IRFC)

IRFC declared an Interim Dividend of Rs. 0.80 per equity share having face value of Rs. 10 each. The board has fixed the Record Date for the dividend on November 18, 2022. The company's current market price on NSE gained to around Rs. 24.40. In the past 6 months this stock's share price gained by 15.37%. The PSU company's reported a 15% gain in its profit at Rs. 1,714 crore in Q2 FY23.

Disclaimer

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