2 Stocks Offering Upto 250% Dividend, Ex-Date Soon, See If You Own

A listed company can offer a dividend to attract more investors to the company. Eventually, the stock's liquidity will improve. The below-mentioned companies are offering final dividends up to 250%. Check details here to invest.

Mastek

The company on April 20 announced a final dividend of 240%, its ex-date is on September 8, 2022.

The current market price of the company closed at Rs. 1,870 fell by 0.13%, till last traded. In the last 1 month its share price fell by 9.62%, in the last 1 year its share price fell by 33.22%, but in the last 5 years its share price gained by 543.61%, making it a multibagger stock.

The 52-week high level of this stock is Rs. 3,669, and the 52-week low level of this stock is Rs. 1,850.70. This mid-cap company has a market capitalization of Rs. 5,635 crore.

Financial results

According to data available with NSE, in Q4 FY22, this large cap company's Total Income stood at Rs. 7,390 lakh, as against Rs. 9,873 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. 321 lakh, as against Rs. 2,482 lakh in Q3 FY22. Additionally, its Net Profit stood at Rs. - 13 lakh, as against Rs. 2,006 lakh, in the earlier quarter.

Company profile

Mastek is an enterprise digital & cloud transformation specialist that engineers excellence for customers across 40 countries, including the UK, Europe, US, Middle East, Asia Pacific and India. They help enterprises navigate the digital landscape and stay competitive by unlocking the power of data, modernising applications and accelerating digital advantage for customers.

Gulf Oil Lubricants

The company on May 23 announced a final dividend of 250%, its ex-date is on September 8, 2022.

The current market price of the company closed at Rs. 486.15 fell by 1.29%, till last traded. In the last 1 month its share price gained by 10.09%, in the last 6 months its share price gained by 2.67%, in the last 1 year its share price fell by 20.29%.

The 52-week high level of this stock is Rs. 623.80, and the 52-week low level of this stock is Rs. 377.60. This small-cap company has a market capitalization of Rs. 2,387 crore.

Financial results

According to data available with NSE, in Q4 FY22, this large cap company's Total Income stood at Rs. 71,569.93 lakh, as against Rs. 65,065.68 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. 7,437.32 lakh, as against Rs. 8,614.34 lakh in Q3 FY22. Additionally, its Net Profit stood at Rs. 5,533.48 lakh, as against Rs. 6,339.43 lakh, in the earlier quarter.

Company profile

Gulf Oil Lubricants India Ltd (GOLIL), part of the Hinduja Group, is an established player in the Indian Lubricants Industry. Gulf Oil International (GOI), parent of GOLIL, owns the Gulf brand globally (except USA, Spain & Portugal). GOLIL enjoys its presence in over a 100 countries. Their comprehensive product portfolio covers Automotive, Industrial and Marine applications, with approvals from bodies like API, JASO, ACEA and leading global OEMs.

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock-related information about the companies.

(Data Till September 3, 2022)