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7 Dividend Stocks To Buy: Stocks That Will Give Maximum Rs 850 Per Share Dividend

7 Leading companies have declared interim dividend recently. These companies are 3M India, Bayer CropScience, Quess Corp, ASM Technologies, Venus Pipes & Tubes, Oil and Natural Gas Corporation Ltd, and Power Grid Corporation Of India Ltd. Check key takeaways below:

1. ASM Technologies Fixes Record Date For 2nd Interim Dividend

1. ASM Technologies Fixes Record Date For 2nd Interim Dividend

ASM Technologies has set the record date for 2nd interim dividend. The current market price of the stock is Rs 542 apiece. It has a market capitalisation of Rs 597 crore. The board of directors stated in the exchange filing, "The Board has declared an 2nd Interim dividend of Interim Dividend on the Equity Shares of the Company for the year 2022-2023 at a rate of Rs. 1/- per share on the face value of Rs. 10/- fully paid and Rs. 0.30/- per share on the face value of Rs. 3/- partly paid up at 10%., for the year 2022-2023. Dividend will be paid on or before 8 of December, 2022."
In view of the 2nd Interim dividend declared for the year 2022-2023, Tuesday, 22" of November 2022 has been fixed as the record date.

2. Quess Corp To Pay Interim Dividend

2. Quess Corp To Pay Interim Dividend

The mid cap company has fixed record date for interim dividend. The current market price of Quess Corp Ltd is Rs 512 apiece with market capitalisation at Rs 7,595 crore.

The board of director said in the BSE filing, "The interim dividend shall be paid on or before November 29, 2022, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, November 18, 2022, which is the Record Date fixed for the purpose."

The record date is November 18, 2022.

3. Bayer CropScience Fixes Record Date For Interim Dividend

3. Bayer CropScience Fixes Record Date For Interim Dividend

The mid cap company has a market capitalisation of Rs 21,266 crore. The current market price of the stock is Rs 4732 apiece. It operates in Pesticide/Agro Chemicals sector. Bayer CropScience has fixed record date for interim dividend.

The board of directors of the company stated in the regulatory filing, "In furtherance of our earlier intimation, the Board of Directors of the Company at their Meeting held today had declared an Interim Dividend of Rs. 100/- per equity share of Rs. 10/- each for the Financial Year 2022-23."

The board has set the record date as November 19, 2022.

4. Venus Pipes & Tubes Declares Payment Date Of Dividend

4. Venus Pipes & Tubes Declares Payment Date Of Dividend

Venus Pipes & Tubes has decided to pay interim dividend on or before December 8, 2022. The current market price of the stock is Rs 753 apiece with market capitalisation at Rs 1529 crore.

The board of director of the company said, "Pursuant to Regulation 30, 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors had declared an interim dividend of Rs. 0.50/- per equity share (representing 5 %) of Rs.10/- each fully paid up for the financial year 2022-23 and the said interim dividend will be paid on or before December 8, 2022."

The Board of Directors had fixed Monday, November 21, 2022 as the "Record Date" for the purpose of payment of Interim Dividend for the Financial Year 2022-23.

5. Power Grid Corporation Of India Approves Interim Dividend

5. Power Grid Corporation Of India Approves Interim Dividend

Board of Power Grid Corporation Of India Ltd has approved payment of interim dividend on November 5, 2022. Power Grid Corporation Of India has a market capitalisation of Rs 1,50, 634.29 crore. Power Grid Corporation Of India is a "Maharatna" Central Public Sector Enterprise. The current market price of the stock is Rs 215 apiece.

The board of directors of the leading Maharatna company said in the regulatory filing, "In terms of Regulation 30 and 43 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is also informed that the Board of Directors, in their Meeting held today i.e. on 5th November, 2022, have approved the payment of Interim Dividend of Rs. 5/- per equity share of Rs. 10/- each (@50% of the paid-up equity share capital) for the Financial Year 2022-23."

The Interim Dividend shall be paid to the Members on 30th November, 2022.

6. Oil and Natural Gas Corporation Fixes Record Date For Interim Dividend

6. Oil and Natural Gas Corporation Fixes Record Date For Interim Dividend

Oil and Natural Gas Corporation Ltd (ONGC) is all set to pay interim dividend and the board of directors of the Maharatna company has fixed record date for the interim dividend. In order to become eligible to receive the interim dividend, buy the stock. The current market price of ONGC is Rs 139 apiece. It has a market capitalisation of 1,75,243.29 crore.

The board of directors of Oil and Natural Gas Corporation Ltd stated in the regulatory filing, "This is in continuation of our communication dated 25.10.2022 & 28.10.2022 w.r.t. Intimation and rescheduling of Board meeting scheduled to be held on Monday, the 14.11.2022 . It was also stated that the Board may also consider declaration of Interim Dividend, if any, for the FY 2022-23. In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tuesday, the 22.11.2022 will be the Record Date for determining eligibility of shareholders for payment of the said Interim Dividend, if any, declared by the Board of Directors.

The board of directors has fixed the record date as November 22, 2022.

7. 3M India Approves Interim (Special) Dividend

7. 3M India Approves Interim (Special) Dividend

The board of 3M India Ltd has approved interim dividend of Rs 850 per equity share on Wednesday. The large cap company operates in Diversified sector. It has a market capitalisation of Rs 26,442.16 crore. The current stock price is Rs 23,546 apiece, respectively.

The board of directors of 3M India stated in the regulatory filing, "We would wish to inform that at the Meeting of the Board of Directors of the Company held today i.e., on November 9, 2022, the Board have inter-alia declared an Interim (Special) Dividend of Rs. 850/- per equity share of face value Rs. 10/- each, for the financial year 2022-23. The Board of Directors have fixed November 22, 2022 as the Record Date for determining the entitlement of the shareholders for the payment of aforesaid Interim Dividend. The Interim Dividend shall be paid/dispatched to the shareholders on or before December 9, 2022."

The record date for the interim dividend of Rs 850 is November 22, 2022.

Disclaimer

Disclaimer

The above 7 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.

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