TCS, HUL Among 5 Companies That Will Declare Interim Dividend Before Oct 21

Five leading companies will soon declare interim dividend and their financial results before October 21, 2023. These companies are Tata Consultancy Services Ltd, Glenmark Life Sciences, KPI Green, and HUL. Some of these stocks offered attractive return of over 1300% in a span of last 2 years only. Check details below:

1. TCS To Announce Financial Results, 2nd Interim Dividend On October 11: TCS has fixed October 19, 2023 as the record date for second interim dividend. As per the BSE filing of the company dated September 29, 2023, "Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Wednesday, October 11, 2023, inter alia to:

i. approve and take on record the audited condensed standalone financial results of the Company under Indian Accounting Standards (Ind AS) for the quarter and six-month period ending September 30, 2023;

ii. approve and take on record the audited condensed consolidated financial results of the Company and its subsidiaries under Ind AS for the quarter and six-month period ending September 30, 2023; and

iii. consider declaration of second interim dividend to the equity shareholders.
Last trading price of TCS Share is Rs 3620.20 per share on BSE. Its 52-week high price is Rs 3634.25 per share and 52-week low price is Rs 3013.05 per share.

2. Glenmark Life Sciences Ltd To Consider Interim Dividend On Oct 9: The company has fixed October 17 as record date for dividend, if declared. Meanwhile, according to the BSE filing of Glenmark, the board of directors are expected to meet on Monday, October 9 to consider the financial results for the quarter ended September 30 and an interim dividend.

It declared an interim dividend of Rs 21 in March 2023. Earlier, the company paid a final dividend of Rs 10.5 per share in September 2022 and yet another interim dividend of Rs 10.5 per share in November 2021.

Last trading price of Glenmark Life Sciences share on BSE is Rs 624.60 per share with intraday gain of 0.91% as on October 6, 2023. Glenmark Lifesciences stock offered a return of 55% in last 6-months.

3. KPI Green Energy To Consider Interim Dividend: Last trading price of KPI Green Energy share is Rs 903.90 per share on BSE with intraday rally of 2.23% on October 6. KPI Green Energy shares gained 107% in last 6-months and rallied 1305% in last 2-years.

KPI Green Energy Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/10/2023 to consider and approve the Standalone and Consolidated unaudited financial results of the Company for the quarter and half year ended September 30, 2023. It will also consider the proposal for declaration of second interim dividend, if any, for the financial year 2023-24 on October 9.

4. Hindustan Unilever To Consider Interim Dividend, Financial Results: According to the BSE filing of Hindustan Unilever dated October 5, 2023, "This is to inform that a meeting of the Board of Directors of the Company will be held on Thursday, 19th October, 2023, inter alia, to consider:

- the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September, 2023 along with the Limited Review Report of the auditors for the corresponding period;

- consider the proposal for payment of Interim Dividend, if any, for the Financial Year ending 31st March, 2024."

Record Date for the purpose of determining the entitlement of shareholders for the Interim Dividend, if any, has been fixed as Thursday, 2nd November, 2023.

Earlier this Hindustan Unilever Ltd (HUL) declared a final dividend of Rs 22 per share for the financial year ended March 2023 or 2,200% of the face value of Re 1 per share."

Last trading price of HUL share is Rs 2498.75 per share with intraday fall of 0.93% on Friday, October 6, 2023. 52-week high price of Hindustan Unilever share is Rs 2768.50 per share and 52-week low of HUL stock is Rs 2393.00 per share on BSE, respectively.

5. Nestle India To Consider Interim Dividend & Stock Split On Oct 19: According to its BSE filing issued on October 3, 2023, "Meeting of the Board of Directors of the Company is scheduled on 19/10/2023, inter alia, to consider and approve Update on board meeting: The Board of Directors of the Company to inter-alia consider the following proposals: a. declaration of second interim dividend for the year 2023, if any; and b. alteration in the share capital of the Company by sub-division/ split of existing equity shares." The company has fixed record date as November 1, 2023, for determining the entitlement of second interim dividend for the year 2023, if any."

Last trading price of Nestle India share on BSE is Rs 22915.95 per share. Its 52-week high price is Rs 23390.00 per share and 52-week low price is Rs 17,888.00 apiece, respectively.

Disclaimer: The stocks just highlight the interim dividend and are not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for ay losses. Please consult a professional advisor.