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These Four Stocks Paying More Than 500% Final Dividend, Turning Ex-Dividend Next Week

Four companies are paying final dividends to their shareholder. The dividends are turning ex-dividend next week, starting 18 July. These four companies are Larsen & Toubro, Blue Dart Express, Graphite India, and Alkyl Amines Chemical Ltd. Of these 4 companies, 2 are Small cap companies, 1 large Cap & 1 Mid-cap company, respectively. Two companies, Blue Dart & Graphite India, have delivered multibagger returns on long-term investment periods.

Larsen & Toubro Limited

Larsen & Toubro Limited

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over eight decades. The Company's manufacturing footprint extends across eight countries in addition to India. L&T has several international offices and a supply chain that extends around the globe. Larsen & Toubro is a large-cap stock with a market capitalization of Rs 236,753 crore. 

Stock Outlook- The current market price (CMP) of the stock is Rs 1684.85/share. It was opened at Rs 1,653.90/share while the previous close was Rs 1,646.15/share. On NSE, the stock's 52-week low is Rs 1,456.35/share and the 52-week high is Rs 2,078.55/share, respectively. The CMP of the stock is Rs 228.5 above its 52-week low and Rs 393.7 below its 52 week high level, respectively.

Returns - Last week the stock declined nearly 0.15 per cent whereas, in the last 1 month, it gained 7.98 per cent, respectively. Over the last 1 year, the stock has gained nearly 4.69 per cent and 16.95 per cent in the last 3 years, respectively. In the past 5 years, it has given a return of 43.86 per cent. The PE of the stock is 27.31, while the sector PE is 29.36. 

Dividend - Larsen & Toubro has announced a final dividend of Rs 22 per equity share equal to 1100% having a face value of Rs 2 each fully paid up for the financial year 2021-22 on May 12, 2022. The Dividend is turning ex-dividend on 21 July 2022. The company has fixed July 22 as the record date to determine eligible members for the benefit. 

Blue Dart Express Limited

Blue Dart Express Limited

Blue Dart Express Ltd. is South Asia's premier express air and integrated transportation & distribution company, that offers secure and reliable delivery of consignments to over 35,000 locations in India. As part of the DPDHL Group's Post - E-commerce - Parcel (PeP) division, the company accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance. With a market capitalization of Rs 19,386.91 crore, Blue Dart is a small cap logistics company. 

Stock Outlook - On Friday, the stocks of the company opened at Rs 8,148.55/share and closed at Rs 8,170.50 /share after a minor gain. The 52-week low of the stock was recorded on 11 August 2021 at Rs 5,306.50/share. The stock hit the 52-week high at Rs 8,199.55/share on Friday before closing. Currently, the stock is trading at Rs 63.75 below the 52-week high level. It has a PE ratio of 50.72, while the sector PE ratio is 51.25. 

Returns - Its share price moved up nearly 1.24 per cent last week & 20.05 per cent in the last1 month, respectively. In the last 1 year, the stock has had a major gain of 40.63 per cent and 73.3 per cent in 5 years, respectively. It has delivered a multibagger return of 230.7 per cent in 3 years. 

Dividend - The company has announced a final dividend of Rs 35 per share equal to 350% for the financial year 2021-22, as recommended by the company's board of Directors on May 05, 2022. The company has fixed July 22 as the record date for the declared dividend. On the record date, the company will determine eligible shareholders to receive the dividend. 

Graphite India Limited

Graphite India Limited

Graphite India Limited (GIL) is the pioneer in India for the manufacture of Graphite Electrodes as well as Carbon and Graphite Speciality products. GIL's manufacturing facilities are spread across 6 plants in India and it has also got a 100% owned subsidiary in Nuremberg, Germany, by name Graphite COVA GmbH. It is a small-cap Graphite Electrodes manufacture stock with a market capitalization of Rs 2,61,408 crore. 

Stock Outlook - Stock on Friday closed at Rs 390.70/share on NSE. Currently, the stock is trading Rs 40.70 above its 52-week low of Rs 350/share recorded on 20 June 2022. The 52-week low of the stock is Rs 754/share recorded on 05 August 2021. The PE ratio of the stock is 15.12. PB ratio is 1.60. 

Returns - The stock has slid 5.75 per cent last week, and 3.61 per cent in the last 1 month, respectively. In the last 1 year, the share price declined 41.79 per cent. In 3 and 5 years, its share price gained 32,28 per cent and 125.12 per cent, respectively.  

Dividend - Graphite India has fixed July 26 as the record date to identify eligible shareholders for dividends. The ex-dividend date is July 25. The company has announced a final dividend of 500% amounting to Rs 10 per equity share for the financial year FY22. 

Alkyl Amines Chemical Ltd

Alkyl Amines Chemical Ltd

Established in 1979, Alkyl Amines Chemicals Ltd. (AACL) is a global supplier of aliphatic amines, specialty amines and amine derivatives to the pharmaceutical, agrochemical, water treatment, rubber chemical and a variety of industries. Alkyl Amines Chemicals is a mid-cap chemical sector stock with a market capitalization of Rs 13,335.02 crore. 

Stock Outlook - On Friday, the shares of Alkyl Amines closed at Rs 2,611/share, it opened at Rs 2,660/share. The 52-week low of the stock was recorded at Rs 2,506.20/share on July 1, 2022, while the 52-week high was recorded at Rs 4,749/share on July 27, 2021. The PE ratio of the stock is 59.29. ROE is 22.72%.

Returns - Alkyl Amines Chemical Ltd has delivered multibagger returns on a long-term investment period. It has delivered 700.87 per cent multibagger returns in 3 years, and 1,446.8 per cent multibagger returns in 5 years, respectively. In short-term investments, the stock has not performed well as it give negative 30.64 per cent returns in the last 1 year. Last week it declined 0.29 per cent. 
 
Dividend - The Board of Directors of AstraZeneca pharma Ltd at its meeting held on May 26, 2022, declared a final dividend of 400% amounting to Rs 8 per equity share for FY 21-22. The board of directors in its regulatory filing Recommended a Final Dividend of Rs. 8/- per equity share for the financial year 2021-22. The Ex-Dividend Date for the same is on July 22. The company has not announced the record date for the same.
 
 

Disclaimer

The stocks have been sourced from NSE & BSE. 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.

Story first published: Saturday, July 16, 2022, 10:13 [IST]

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