3 Tata Stocks To Go Ex-Dividend In June

Last month, among several companies that posted their fourth-quarter performance numbers and announced dividends, Tata Group companies also did the same. There are three Tata group companies whose record dates are set in June. A record date is a date fixed by a company to note down the names of the shareholders eligible for dividends as of that date.

The companies are Tata Steel Ltd, Tata Investment Corporation Ltd, and Tata Chemicals Ltd. All three companies have a good dividend track report and have consistently declared dividends for the last 5 years. The details for each are given below.

Tata Steel Ltd

For the year ending March 2023, Tata Steel has declared an equity dividend of 360.00% amounting to Rs 3.6 per share. At the current share price of Rs 109.40 this results in a dividend yield of 3.29%. The record date fixed is June 26, 2023.

In the last one year, the share price has grown and rallied by 2.38% and in the last three years, it has soared by 227.54%. The 52-week high is at Rs 124.30 per share and the 52-week low is at Rs 82.71 per share.

Tata Chemicals

For the year ending March 2023, Tata Chemicals has declared an equity dividend of 175.00% amounting to Rs 17.5 per share. At the current share price of Rs 995.55 this results in a dividend yield of 1.76%. The record date fixed is June 14, 2023.

In the last one year, the share price has risen by 5.72%, and over the last three years, it has zoomed up by 215.45%. The 52-week high is at Rs 1,214.65 per share and the 52-week low is at Rs 773.90 per share.

Tata Investment Corporation Ltd

For the year ending March 2022 Tata Investment Corporation has declared an equity dividend of 550.00% amounting to Rs 55 per share. At the current share price of Rs 2,325.30 this results in a dividend yield of 2.37%. The record date fixed is June 12, 2023.

In the last one year, the share price has surged by 62.1%, and in the last three years it has soared by 213.02%. The 52-week high is at Rs 2,886.50 per share and the 52-week low is at Rs 1,218.00 per share.

Disclaimer

This article is for information purposes only and highlights stocks that declared a good on dividends. The article should be treated as informational and not an advisory to invest. Neither the author nor Greynium Information Technologies Pvt Ltd should be held responsible for decisions based on this article.