September Dividend Stocks: 5 Stocks Fix Record Date For Final Dividend

Five companies have fixed record date for final dividend. Dividends are a significant consideration when investors decide to invest in the share market as they offer a reliable source of return. The companies that have fixed record date for final dividend are CSL Finance, West Leisure Resorts, Dev Information Technology, Best Agrolife, and Insecticide India. Check key takeaways below:

CSL Finance Ltd

The company has fixed September 19, 2022 as the record date for final dividend. The board of directors of the company in its exchange filing dated September 2, 2022 stated, "The company has fixed September 19, 2022 as the 'cut-off date/Record Date' for ascertaining the names of the Members, holding shares either in physical form or in dematerialized form, who will be entitled to cast their votes electronically during September 23, 2022 (09:00 A.M.) to September 25, 2022 (5:00 P.M.), and also during AGM in respect of business to be transacted at the aforesaid AGM."

Stock outlook: The current market price of the stock is Rs 232 apiece. The 52-week high of the stock is Rs 304 apiece and 52-week low of the stock is Rs 107 apiece. The company has a market capitalization of Rs 481 crore. The stock has given a return of 150% in the last 5 years, 102% in 1 year, and 20% in the last 5 years.

About the company: CSL Finance Limited (formerly known as Consolidated Securities Limited) was incorporated on 28th December 1992. It is a Non-Banking Finance Company registered with the Reserve Bank of India and listed on both the Stock Exchanges.

The Company is a one-stop destination for Small and Medium-Sized Enterprises (SMEs) and Real estate and non-real estate Corporates to avail of a variety of secured loan products.

West Leisure Resorts

The company has fixed 28 September, 2022 as the record date for the purpose of payment of dividend for 2021-2022 subject to the approval of members.

Stock outlook: The Current market price of the stock is Rs 108 apiece with a 52-week high of 298 apiece and 52-week low of Rs 97 apiece. The company has a market capitalization of Rs 32.98 crore. The stock has given a negative return of 63% in 1 year.

About the company: The company has zero debt burden since the last 5 years. West Leisure Resorts Limited is an operating investment company. The company is engaged in the business of offering/supplying human resources and investing in shares and mutual funds and securities of several types and financing activities.

 

Dev Information Technology Ltd

The company has fixed 23 September, 2022 as the record date for final dividend. The board of directors of the company in its exchange filing stated, "With reference to the captioned subject, we would like to inform you that the Board of Directors of Dev Information Technology Limited in its meeting held on Friday, 02nd September, 2022 at 04:00 PM Decided Friday, September 23, 2022 as the cut-off date as for the Purpose of E-voting and payment of Dividend. Dividend shall be payable to Equity Shareholder; whose names stand registered on the company's Register of Members."

Stock outlook: The current market price of the stock is Rs 221 apiece with a 52-week high at Rs 226 apiece and 52-week low at Rs 103 apiece. The company has a market capitalization of Rs 244.61 crore. The company has given a return 647% in the last 5 years, 461% in last 3 years, and 326% in last 1 year. The company has consistently declining ROE in last 5 years. The maximum portion of its profits last year were disbursed as dividends to shareholders.

About the company: The company came into existence 1997 with a small-scale setup. It is mainly engaged in to business automation software development. Today, Dev Information Technology Limited (NSE: DEVIT, BSE: 543462) works together with its clients across the globe to empower their business with the right mix of information technology, innovation and digital transformation.

Best Agrolife Ltd

The company has fixed September 21, 2022 as the record date for dividend for FY 2021-202. The dividend if declared will be paid on or after September 28, 2022.

Stock outlook: The current market price of the stock is Rs 1231 apiece with a 52-week high of Rs 1399 apiece and 52-week low of Rs 711 apiece. The company has a market capitalization of Rs 2912 crore. The stock has given a massive 6687% return in the last 5 years, 879% return in the last 3 years, and 52% return in the last 1 year. The company announced a dividend of Rs 2.0 per share on 23 May, 2022 with record date of 21 September, 2022.

About the company: Incorporated in 1992, Best Agrolife Ltd. has been servicing the agrochemical industry of India and international markets, with its niche product offerings. A research-driven organization, Best Agrolife Ltd. aims to offer high-quality, innovative, effective crop-protection and food safety solutions to our farmer and serve the globe through agriculture.

 

Insecticides (India) Ltd

The company has fixed September 16, 2022 as the record date for final dividend. The company in its exchange filing said, "Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, this is to inform that the company has fixed the Closure of Register of Member and Share Transfer Book of the Company from Saturday, September 17, 2022 to Tuesday, September 20, 2022 (both day inclusive) for the purpose of zs" AGM and Dividend, subsequently the "Record date" for determining entitlement to Final Dividend (If declared at the 25th AGM) will be Friday, September 16, 2022."
The Final Divided @ 30% i.e Rs. 3/- per equity share of face value of Rs. 10/- each will be paid on and after Monday, October 03,2022.

Stock outlook: The current market price of the stock is Rs 993 apiece with the 52-week high of Rs 1094 apiece and 52-week low of Rs 582 apiece. The company has a market capitalization of Rs 1968 crore.

About the company: Insecticides (India) Ltd. is committed to fortify Agriculture with a highly productive and progressive vision and mission to make Farmers prosperous. Having made a modest foray into agriculture space in 2001, today Insecticides (India) is one of the premier names in Crop Protection Industry.