12 Stocks To Buy Now, To Receive Dividend In Sept 2022

Here are a list of stocks, which if you buy now, you would receive dividends in the month of September. Take a look, as we have listed 11 of these.

Jindal Saw

Jindal Saw has declared a dividend of 100%. The shares of the company will go ex dividend on Sept 19, 2022. The company has a major player in the manufacture of saw pipes. It also manufactures DI pipes and other pipes.

LIC Housing Finance

The company is a leading player in housing finance and promoted by none other than LIC. The company has declared a dividend of 425% and the shares would go ex dividend on Sept 19. The shares of the company last closed at Rs 390 on the Naional Stock Exchange.

Evans Electric

The company has declared a dividend of 20%. The stock will go Ex dividend on Sept 23. This means you must buy the stock before Sept 22. Evans Electric Ltd has evolved into a brand name known right across the country for specialising in Heavy Electro-Mechanical Repairs and services covering every make size and capacity of electrical machine.

Polyplex Corporation

The company has declared a dividend of 210%. The stock will go ex dividend on Sept 22. This means you must buy the stock before Sept 21. Polyplex Corporation Ltd. (Polyplex) is the seventh-largest capacity of polyester (PET) film globally. Its polyester capabilities include both thin and thick PET film in a wide range of thickness and surface properties covering a spectrum of applications.

Gujarat Alkali

Gujarat Alkali has declared a dividend of 100%. The shares of this Gujarat based company will go ex dividend on Sept 21, 2022. This means the stock should be bought by Sept 21. The company one of the largest producers of Caustic Soda in India, with a production capacity of 1087 TPD.

Samkrg Pistons

The company's board of directors have declared a dividend of 25%. The shares of the company will go ex dividend on Sept 20. This means to receive dividends you need to buy the stock by Sept 19. Samkrg Pistons manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets.

Ester Industries

The company has declared a dividend of 20%. The shares like Samkrg Pistons would go ex dividend on Sept 20, 2022. Ester manufactures Polyester Films, Specialty Polymers and Engineering Plastic compounds. Polyester Films find applications primarily in flexible packaging while Specialty Polymers find applications into niche areas including rigid packaging, textiles etc.

BCL Industries

BCL Industries has declared a dividend of 30%. The stock goes ex dividend on Sept 10. So, investors should buy the shares before Sept 18 to receive dividends on the stock. The company is engaged in oil seed crushing and allied services.

GNFC

The board of the company has declared a solid dividend of 100%. The shares of the company go ex dividend on Sept 19. So, buy the shares by Sept 18 to receive dividends. GNFC is engaged in fertilizers and promoted by the Government of Gujarat and the Gujarat State Fertilizers & Chemicals Ltd.(GSFC). It was set up in Bharuch, Gujarat in 1976.

Indo National

The stock like GNFC has declared a dividend of 100% and the shares goes ex dividend on Sept 19, 2022. The company was incorporated as a public limited company and manufactures Nippo brand dry cell batteries. Matsushita holds 40% of Indo National equity.

Balmer Lawrie

The company has declared a dividend of 300%. The shares of the company will go ex dividend on Sept 19, 2022. The company is a market leader in Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel and Logistics Services.

Zee Entertainment

The company has declared a dividend of 300% and the stock would go ex dividend on Sept 15, 2022. The company is a leading player in the entertainment business. The stock of the company last closed at Rs 260 on the NSE.