Stocks To Pay Out Final Dividend In November 2021

Dividends are company's profits distributed among its shareholders and it is decided on a per share basis. Like BPCL- the divestment bound PSU declared Rs. 58 per share as its dividend which was inclusive of special dividend.

Here are some of the companies that will be giving out their final dividend in November 2021:

Usually from the record date it may take a month or more, say as in the case of BPCL when September 16 was the record date, dividend in the shareholder's account got credited on October 25, 2021.

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The stock of pharmaceuticals shall turn ex-dividend on November 2, 2021. The company declared Rs. 40 as its final dividend. Also, the company has declared special dividend, for which too the ex-date is November 2, 2021.

P&G Health was established as one of Merck's Asia subsidiaries in the year 1967. In 2018, the company acquired Merck's Consumer Health business. Procter & Gamble

Overseas India B.V. now holds 51.81% of the share capital in Merck Limited, while the remaining 48.19% is traded on the Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd.

The stock of the company last traded at a price of Rs. 5503.65 per share.

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The company is among the leading fast moving consumer goods company in India. For its final dividend of Rs. 80, the stock shall turn ex-dividend on November 9, 2021. This dividend has been declared for the financial year ended June 30, 2021.

The renowned brand under the company's banner include women hygiene brand- Whisper, vicks and Old Spice.

4. Jai Corp:

The steel company is slated to announce its Q2Fy22 earnings today and the company has announced dividend (final) of Rs. 0.5 per share. For this dividend ex-date is November 12, 2021. Notably, ex-date is the date when you should be holding the shares in your demat for being eligible to be considered for the dividend payment or you should have sold shares on this date.

Incorporated in 1985, the company is into manufacturing like that of steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate. It is listed on Bombay Stock Exchange and National Stock Exchange.

5. Gillette India:

The personal care company has announced a final dividend of Rs. 36 for the fiscal year 2021. For the june quarter the company's income from operations came in at Rs.435.98 crore. Net profit for the financial year is at Rs. 27.5 crore.

The company's stock price has been at Rs. 5820 per share.

Gillette India is in the business of manufacturing Blades and Razors, Oral care and Portable Power. Company has created brands like Duracell, Oral-B, MACH3 Turbo and 7oclock. .The company also in the business activities of Grooming, Oral Care, Portable Power