3 Companies Fix Record Date For Dividend Pay Out

Three leading companies have declared record date for the payment of dividend. These companies are Container Corporation of India Ltd, Heidelberg Cement India Ltd, and Chennai Petroleum Corporation Limited. Check key takeaways below:

Name Of The Company	Dividend	Record Date
Container Corporation of India Ltd	40% or Rs 2 per share	August 18, 2022
Heidelberg Cement India Ltd	90% or Rs 9 per share	September 1, 2022
Chennai Petroleum Corporation Limited	20% or Rs 2 per share	August 10, 2022

1. Container Corporation of India Ltd

Also known as CONCOR, the Navratna company is engaged in providing responsive, cost effective, efficient and reliable logistics solution to its customers. It strives to be the first choice for its customers. CONCOR is a customer focused, performance driven, result oriented organization, focused on providing value for money to its customers.

The company has declared in its regulatory filing, "Container Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 04, 2022, inter alia, has declared an Interim Dividend for FY 2022-23 of 40% i.e. Rs. 2.00 per equity share of face value of Rs.5/- each amounting to Rs.121.86 crores."

The current market price of the stock is Rs 685 apiece with a gain of 0.90% in yesterday's trading, August 5, 2022 on BSE. The 52-week high is Rs 754 apiece and 52-week low is Rs 554 apiece. The stock has a market capitalization of Rs 41,757 crore. The stock has given a return of 36% in 3 years and 45% in 5 years.

2. Heidelberg Cement India Ltd

Heidelberg Cement India Ltd., came into existence in the year 1958. The Mid Cap company operates in Cement sector. It has a market capitalization of Rs 4242 crore.

The Company has fixed Thursday, 01 September 2022 as the "Record Date" for the purpose of determining the members entitled to attend the AGM and receive dividend of Rs. 9 per Equity Share of Rs. 10 each (i.e., 90%) for the financial year 2021-22. The dividend on equity shares, if declared, at the AGM will be paid to the members within thirty days from the date of AGM.

The current market price of the stock is Rs 187 apiece with a marginal gain of 0.05% on Friday's trading on BSE. The 52-week high is Rs 277 apiece and 52-week low is Rs 164 apiece. The stock has given a return of 1.96% in 3 years and 52% in 5 years.

3. Chennai Petroleum Corporation Limited

Chennai Petroleum Corporation Limited (CPCL), formerly known as Madras Refineries Limited (MRL) was formed as a joint venture in 1965 between the Government of India (GOI), AMOCO, and National Iranian Oil Company (NIOC). The present shareholders are IOCL, NICO, and others holding 51.89%,15.40%,32.71% shares respectively.

The Company has fixed Wednesday, August 10'", 2022 as the "Record Date" for the purpose of determining the eligibility of the members to receive equity dividend of Rs.2.00 per share (i.e. @ 20% on the paid up equity share capital) for the financial year 2021-22. The dividend, if approved by the members at the AGM, will be paid within the stipulated period of 30 days of its approval.

The current market price of the stock is Rs 269 apiece with a 52-week high of Rs 417 apiece and 52-week low of Rs 94 apiece. The stock has given a return of 139% in 1 year and fallen 33% in 5 years.