3 Stocks That Recommended Final & Special Dividend Set To Trade Ex-Dividend; Do You Own Any?

Three stocks that have recommended/declared dividends Final & Special Dividends for the Financial Year 2022-23, will turn ex-dividend in July 2023. These stocks are CARE Ratings Ltd., Abbott India Ltd., and Vinyl Chemicals (India) Ltd. Below are the details of each stock and respective dividends.

1. CARE Ratings Ltd.

The Board has recommended a final dividend of Rs 7/share of face value of Rs 10 each and a special dividend of Rs 8/share of face value of Rs 10 each for the Financial Year 2022-23.

The Record date for the purpose of payment of Dividend will be July 7, 2023.

The stock is trading at Rs 700.45 per share on BSE. It gave 0.86% negative return in 1 year and 44.01% in 5 years, respectively In 3 years, it gave 67.09% positive return.

CARE Ratings is a Financial Services sector company operating in the Ratings Industry. It is a small-cap company with a market capitalisation of Rs 2,080.38 Crore.

2. Abbott India Ltd.

In a Meeting held on May 19, 2023, the Board of Directors of Abbott India Ltd., recommended a final dividend of Rs 180/share and a special dividend of Rs 145/share of Rs 10 each for the year ended March 31, 2023.

The said dividends are set to trade ex-Dividend on Friday, July 21, 2023.

The stock last traded at Rs 23414.70 per share on BSE. It gave 24.02% positive return in 1 year, 48.16% in 3 years, and 221.74% in 5 years, respectively.

Abbott India is a Pharmaceuticals Sector midcap company. It has a market capitalisation of Rs 49.754.60 Crore.

3. Vinyl Chemicals (India) Ltd.

The Board of Directors of Vinyl Chemicals (India) Ltd. recommended a Dividend of Rs 5/share and a Special Dividend of Rs 5/share for the financial year 2022-23.

According to the Board of Directors of the company, "In respect of shares held in electronic form the dividend will be payable on the basis of beneficial ownership as on 26th July, 2023 as may be furnished by the depositories to the Company."

On BSE, the stock of Vinyl Chemicals last traded at Rs 499.45 apiece. It gave 50.08% robust return in the last 3 months. It gave 84.61% positive return in 1 year, 238.95% in 2 years, 449.15% in 3 years, and 377.49% in 5 years, respectively.

Vinyl Chemicals (India) Ltd. is a Chemicals sector small-cap company. It has a market valuation of Rs 915.85 Crore.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.