7 Stocks To Buy For Dividends Later this Month in Sept 2022

Positional investors profit from additional sources like dividend profits in addition to capital appreciation by holding their investments over time. Several businesses declared dividend payments to investors in September 2022.

Here are the equities on this list that will soon begin trading ex-dividend this month.

Patanjali Foods Limited

Patanjali Foods Limited is one of the leading edible oil providers. The company is involved in manufacturing and marketing healthy edible oils and pioneer soya foods in India.

The stock's current market price is Rs. 1,380 with a market capitalization of Rs. 49 937 Crore. The stock's ex-dividend date is 23 September 2022, and the board of directors approved the dividend of 250%.

HFCL Ltd

HFCL is a very diverse enabler of telecom infrastructure with active interest spanning system integration, development, and supply and manufacture of telecom equipment, optical fiber cable and optical fiber.
The stock's current market price is Rs. 79 with a market capitalization of Rs. 10, 891 Crore. The stock's ex-dividend date is 22 September 2022, and the board of directors approved the dividend of 18%.

Titan Biotech Ltd

Titan Biotech is an exporter and manufacturer of biological products used in Nutraceutical, Biotechnology & Fermentation, Pharmaceutical, Veterinary and Animal Feed, Cosmetics etc.

The stock's current market price is Rs. 267, with a market capitalization of Rs. 220 Crore. The stock's ex-dividend date is 22 September 2022, and the board of directors approved the dividend of 15%.

Power Mech Projects Ltd

Founded in 1999, Power Mech Projects Limited is an engineering and construction firm offering integrated services in the erection, testing, and commissioning (ETC) of boilers, turbines, and generators as well as balance of plant (BOP), civil works, and operation and maintenance (O&M). 

The stock's current market price is Rs. 1,351, with a market capitalization of Rs. 1,987 Crore. The stock's ex-dividend date is 22 September 2022, and the board of directors approved the dividend of 15%.

Jindal Poly Films Ltd

Jindal Poly Films Ltd is the biggest producer of BOPP and BOPET films. BOPET, BOPP, CPP, Thermal, Metalized, and Coated Films are produced by the company.

The stock's current market price is Rs. 994, with a market capitalization of Rs. 4,350 Crore. The stock's ex-dividend date is 21 September 2022, and the board of directors has approved the dividend of 50%.

Shipping Corporation of India Ltd

Shipping Corporation of India Ltd is a government company that manages and operates vessels serving international and national lines. The company is involved in the transportation of passengers and goods.
The stock's current market price is Rs. 126, with a market capitalization of Rs. 5,864 Crore. The stock's ex-dividend date is 22 September 2022, and the board of directors approved the dividend of 3.30%.

Radico Khaitan Ltd

Radico Khaitan Ltd is one of India's recognized Indian Made Foreign Liquor (IMFL) brands. Radico Khaitan entered the IMFL market in 1997 and introduced its first brand, 8 PM whisky, which became its millionaire brand within a year.

The stock's current market price is Rs. 1,067, with a market capitalization of Rs. 14,258 Crore. The stock's ex-dividend date is 21 September 2022, and the board of directors approved the dividend of 150%