7 Stocks To Turn Ex-Dividend Next Week

7 companies that had declared dividends earlier had set record dates that fall in the coming week and soon it would turn ex dividend. Some of the companies are paying big dividends of nearly 2300% that could fetch high yields.Given below are the details.

Hindustan Zinc Limited
Hindustan Zinc Limited is India's largest and world's second largest zinc-lead miner. It is one of the world's largest and India's only integrated Zinc-Lead-Silver producer. Its current market capitalisation is Rs 1,36,541.18 crore. The company declared an interim dividend of Rs 26 per equity share i.e. 1300 % on face value of Rs. 2 per share. Based on the current market price of Rs 323.15 per share the dividend yield turns out to 8.05% and the record date is March 29, 2023.

SBI Cards and Payment Services Ltd
SBI Cards and Payment Services Ltd announced an interim dividend of Rs 2.50 (25 %) per equity share face value of Rs 10 each and set the record date March 29, 2023. The yield would realise to 0.3% based on the latest market price of Rs 723 per share. The company is asubsidiary of SBI bank luanched in 1998 and its current market capitalisation is Rs 68,400.64 crore.

Brand Concepts Limited
Brand Concepts was incoporated in 2007 as a premier resource for licensed fashion and lifestyle brands in category - Travel Gears, such as Luggage Trolleys, Backpacks, Small Leather Goods like Belts & Wallets for both Men & Women, Women Handbags and Lifestyle accessories. It has a market capitalisation of Rs 225.78 crore. It has declared an interim dividend of Rs 0.50 per equity share of Face Value of Rs 10 (5%) and set the record date as March 29, 2023. Based on the current market price of Rs 213.35 per share and the yield relaises to 0.23%.

Angel One Limited
Angel One declared 4th interim dividend for the financial year 2022-23 at the rate of Rs 9.60 (96%) per equity share of face value of Rs 10 per share and set the record date, March 31, 2023. Angel One Limited was formerly known as Angel Broking Limited, is a leading stockbroking firm. It is a small cap company established in 1996 based in Mumbai and is a depository participant with Central Depository Services Limited. It has a market capitalisation of Rs 9,460.71 crore and the dividend yield would turn out to 0.84% as per latest market price of Rs 1,134.15per share.

CRISIL Ltd
CRISIL Ltd approved the final dividend of Rs 23 (2300%), per equity share of face value of Re 1 each and shared the ex-dividend date as March 31, 2023. Realised dividend yield for the company based on the current market latest market priceod Rs 3037.80 per share is 0.75%. CRISIL Ltd is is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global.Its market capitalisation is Rs 22,199.29 crore.

Indraprastha Gas Limited
Indraprastha Gas Limited is a leading natural gas distribution company that supplies natural gas as cooking and vehicular fuel in India. It has a market capitalisation of Rs 30,240.03 crore. The company declared a second interim dividend of 500% i.e, Rs10 per share forfFace value of Rs 2 each. Its yield turns out to 1% based o the current market price of Rs 432 per share.

Dwarikesh Sugar Industries Limited
Dwarikesh Sugar Industries Limited fixed Friday, March 31, 2023 as Record Date for the purpose of payment of interim dividend at 200% i.e. Rs 2 per equity share of Rs 1 per share as face value, which would provide a dividend yield of 2.38% based on current stock price of Rs83.93 per share. The company is a market leader in Indian sugar industry that is engaged in the business of manufacture and sale of sugar co-generation of power and industrial alcohol. It was established in 1993. Its current market capitalisation is Rs 1,580.41 crore.

Disclaimer:
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. This article is for information purposes only and not in any way a stock recommendation.