17 Stocks That Announced Dividends Upto 950% This Week

In the ongoing results season, several big, small, and medium companies are posting their Q4FY23 results. Besides the quarterly performance numbers, the companies are announcing dividends, which are yet to be approved in the ensuing annual general meeting of each company.

However, we have rounded off 17 such companies that have announced dividends, (be it final, interim, and special) that are higher than 100% in the last week, starting from May 15 till May 19 2023. The details are given below.

Company Name	Dividend (%)	Market cap (Rs in crore)	Latest market price (Rs/share)	Market category
Tube Investments of India Ltd	150	52,126.40	2,698.65	Mid cap
Navin Fluorine International Ltd	350	22,617.47	4,562.15	Mid cap
Coromandel International Ltd	600	27,238.90	926.45	Mid cap
Safari Industries Ltd	100	6,018.52	2,538.25	Small cap
MPS Ltd	200	1,712.46	1,001.10	Small cap
Siyaram Silk Mills Ltd	200	2,664.80	568.55	Small cap
Redington Ltd	360	13,201.26	168.90	Mid cap
Granules India Ltd	150	6,671.91	275.65	Mid cap
Bank Of Baroda	275	94,067.08	181.9	Large cap
SKF India Ltd	400	21,590.30	4,367.15	Mid cap
Thermax Ltd	500	26,447.93	2,219.60	Mid cap
Jindal Saw Ltd	150	5,973.01	186.80	Mid cap
PI Industries	550	49,657.34	3,273	Large cap
Century Enka	100	853.92	390.80	Small cap
Bata India Ltd	270	19,703.91	1,533.05	Large cap
Clean Science & Technology Ltd	300	15,872.57	1,494.05	Small cap
ITC Ltd	950	5,21,852.46	419.90	Large cap

Most of the above-mentioned companies have set record dates in June or July to note the names of eligible shareholders that would get the dividends. While some of them are yet to disclose the record date, only ITC has set May 30, 2023, as the cut-off date to record the names of the eligible shareholders for dividends including the special dividend.

Additionally, the stocks of Safari Industries and MPS have been put under additional surveillance measures by the stock market regulator SEBI.

Disclaimer

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