It's the time of the year, when most corporates are busy declaring their annual results. The period of April and May is also seen as a time for companies to declared dividends along with their annual results. Here are a few companies that have declared robust dividends:
Asian Paints
This is India's largest paint manufacturer, which has a very good track record of declaring good dividends. Not only dividends, but, in the past the company has also declared very good bonus issue of shares. Asian Paints has now declared a dividend of 2125% and the ex-dividend for the same is June 9, 2023.

Piramal Enterprises
Piramal Enterprises is another stock that has a very good track record of declaring dividends. The company has now declared an interim dividend of 1550% and has also fixed the record date for the same at June 16, 2023. The share price of Piramal Enterprises last closed at Rs 767 on the Bombay Stock Exchange.
HUL
This is among India's largest FMCG companies that reported good numbers for the quarter ending March 31, 2023. In line with the same, HUL also declared very good dividends. The company has announced a dividend of 2200% and the ex dividend date for the same is June 19, 2023. The shares of HUL were last trading at Rs 2627 on the BSE.
Cera Sanitary
Cera Sanitary has declared a final dividend of 1000% and the ex dividend date for the same is June 20, 2023. The company is a top player in sanitaryware, faucets and tiles business. The stock of Cera Sanitaryware closed at Rs 7409 on the National Stock Exchange.
Bajaj Auto
This is India's top manufacturer in the 2-wheeler space. Bajaj Auto has declared a dividend of 1400% and the stock goes ex dividend on June 30, 2023. The stock of the company has been rallying sharply in the last few weeks.
Disclaimer
Please note, the article only highlights stocks that have declared high dividends . This article should not be seen as a buy, sell or hold recommendation from our end. Greynium Information Technologies, the author and the brokerage firms are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.
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