5 Dividend Stocks To Buy: Own These Stocks Now To Receive Dividend Later This Month

5 Leading companies have announced interim dividend in their board meetings and fixed record date as well. If you invest in these stocks now, you will receive dividend income later this month. The 5 companies that have fixed record date for interim dividend are G R Infraprojects, Gabriel India, Supreme Industries Limited, Astral, and Tide Water Oil Co (I). Check key takeaways pertaining to dividend announcement and record date below:

1. G R Infraprojects

The board of directors of G R Infraprojects are all set to consider declaration of interim dividend. The company informed BSE, "Pursuant to Regulation 29 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, intimation is hereby given that a meeting of Board of Directors of the Company is scheduled to be held on Thursday, 10th November 2022, inter alia to consider declaration of interim dividend to the equity shareholders."

The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Friday, 18th November 2022.

The last trading price of GR Infraprojects stock is Rs 1213 apiece. The small cap company has a market capitalisation of Rs 11,728.38 crore. The stock has given a negative return of 38% in last 1-year. The company operates in Construction sector.

2. Gabriel India Ltd

The board of director in their regulatory filing stated that they will consider declaration of interim dividend for the financial year 2022-23 in their meeting scheduled for November 10, 2022.

The interim dividend, if declared, shall be paid to shareholders of the company whose names appear on the register of members of company as on Friday, November 18, 2022, which is the record date fixed for the purpose.

The last trading price of Gabriel India is Rs 150 apiece and the small cap company has a market capitalisation of Rs 2161 crore. It operates in Auto Ancillaries sector. It has given a return of 22% in last 3-years and declined 1.51% in last 1 year.

3. Astral Ltd

The board of directors of the company stated in the BSE filing, "We hereby inform that 21st November, 2022 shall be the Record Date for the purpose of payment of interim dividend, if declared by the Board of Directors for the Financial Year 2022-23 at its Meeting to be held on 11° November, 2022."

The last trading price of the stock is Rs 2088 apiece. The company has a market capitalisation of Rs 41,953 crore.

The stock has given a return of 146% in last 3-years and 360% in last 5-years. The mid-cap company operates in plastic sector.

4. Tide Water Oil (India) Ltd

The board of directors of Tide Water Oil has fixed record date as 22nd November, 2022 for declaration of second interim dividend for the financial year 2022-23. The current market price of Tide Water is Rs 1021 apiece. It has a market capitalisation of Rs 1779 crore.
The small cap company was incorporated in 1921 operates in Petrochemicals sector. The stock has fallen 21% in last 5-years and gained 5% in last 3-years.

5. Supreme Industries Limited

The board of directors of Supreme Industries stated in their regulatory filing, "Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on Monday, the 31 st October, 2022, inter- alia, transacted the following business: 1. Approved the Un-Audited Financial Results (both Consolidated and Standalone) for the Second Quarter ended 30th September, 2022. 2. Approved payment of Interim Dividend @ 300 % i.e. Rs. 6/- per Share on 12,70,26,870 Nos. of Equity Shares of Rs. 2/- each (F.V.)."

The company has fixed Wednesday, the 9th November, 2022, as the "Record Date" for the purpose of ascertaining the eligibility of the Shareholders for payment of Interim Dividend.

The current market price of Supreme Industries is Rs 779 apiece. It has a market capitalisation of Rs 7327 crore. The stock has given a return of 95% in last 5 years and 99% in last 3-years. The mid-cap company operates in plastic sector.

Disclaimer

The above stocks give details related to interim dividend and record date. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.