Upcoming High Dividends To Watch Out For In September 2021

Updated: Sunday, August 29, 2021, 14:41 [IST]

When a company announces that it has made a profit in its financial reports, you will be entitled to a portion of those profits based on the number of shares you own. This is referred to as dividends. Dividends are typically paid on a per-stock basis. Some traders prefer to purchase the stock two or three days before the effective dividend date, keep it until the effective dividend date, and then sell it the day after the effective dividend date in order to collect dividends. This approach works well for stocks that pay out a high dividend yield. A business can, for example, announce a dividend of Rs 10 per share for a set period of time. You will earn Rs 5000 in dividends if you owned 500 shares during the time period. Some of the best dividend-paying stocks pay out dividends on a regular basis. If you're considering investing in dividend stocks, you should be aware of the benefits and drawbacks of doing so.

When are you eligible for Dividends?

To begin, determine whether you are eligible for dividends. You must have bought the stocks before the ex-date to be eligible for the dividends, while you will be eligible for dividends if you have sold the stocks on ex-date as well. You would not be liable for the dividend if you bought the stocks on or after the ex-date. The due date for dividends is typically 30-45 days after the record date.

If you are registered for dividends, you can receive them on the dividend payment date in your bank account. The dividend would be credited to your trading account if you sold shares from your holdings on the ex-date. The specifics of the ex-date and record date can be found on the NSE/BSE website.

Dividends are paid at the discretion of the company. Companies are not required by law to pay you dividends.

Dividend Yield

It indicates how much a corporation paid out in dividends over the course of a year. The dividend yield is calculated as a percentage of the stock's current market value. It gives you an idea of how much money you've made (in percentages) from your savings.

Dividend Yield= Cash Dividend per share/ Market price of share*100

Upcoming High Dividends To Watch Out For In September 2021

List of Upcoming High Dividends in September 2021

Company Name	Dividend Date	Record Date	Dividend(%)	Interim/Final/Dividend
Ratnamani Metals	17-Sep-2021	21-Sep-2021	700	Final
LIC Housing Finance	16-Sep-2021	19-Sep-2021	425	Final
Glenmark Pharma	08-Sep-2021	10-Sep-2021	250	Final
PI Industries	06-Sep-2021	08-Sep-2021	200	Final
Balmer Lawrie Invsts	20-Sep-2021	22-Sep-2021	380	Final
BPCL	16-Sep-2021	18-Sep-2021	230	Final
Amrutanjan Healthcar	15-Sep-2021	16-Sep-2021	260	Final
Gulf Oil Lubricant	08-Sep-2021	10-Sep-2021	450	Final
Zee Entertainment	2-Sep-2021	03-Sep-2021	250	Final

Ratnamani Metals

Ratnamani Metals & Tubes Ltd., founded in 1983, is a Mid Cap business in the Metals - Ferrous sector with a market cap of Rs 10,139.28 crore. Since September 3, 2001, Ratnamani Metals & Tubes Ltd. has issued 21 dividends. A final dividend of Rs 14.00 has been issued by IT.

LIC Housing Finance

LIC Housing Finance Ltd. has declared an equity dividend of Rs 8.00 per share in the last 12 months. Since June 20, 2001, LIC Housing Finance Ltd. has given 22 dividends. This translates to a dividend yield of 2.06 percent at the current share price of Rs 387.75.

Glenmark Pharmaceuticals

Since September 3, 2001, Glenmark Pharmaceuticals Ltd. has issued 21 dividends. Glenmark Pharmaceuticals Ltd. has issued an equity dividend of Rs 2.50 per share in the last 12 months. This translates to a dividend yield of 0.48 percent at the current share price of Rs 516.60.

PI Industries

Since August 28, 2002, PI Industries Ltd. has declared 25 dividends. PI Industries Ltd. has declared an equity dividend of Rs 4.00 per share in the last 12 months. This translates to a dividend yield of 0.13 percent at the current share price of Rs 3193.30.

Since January 19, 2001, J B Chemicals & Pharmaceuticals Ltd. has declared 32 dividends. J B Chemicals & Pharmaceuticals Ltd. has declared an equity dividend of Rs 9.50 per share in the last 12 months. This translates to a dividend yield of 0.57 percent at the current share price of Rs 1678.15.

Zee Entertainment Enterprises

Since August 31, 2000, Zee Entertainment Enterprises Ltd. has declared 26 dividends. Zee Entertainment Enterprises Ltd. has declared an equity dividend of Rs 0.30 per share in the last 12 months.
This translates to a dividend yield of 0.18 percent at the current share price of Rs 170.75.

This translates to a dividend yield of 0.04 percent at the current share price of Rs 827.80.

Gulf Oil Lubricants India

Since October 9, 2014, Gulf Oil Lubricants India Ltd. has issued 14 dividends. Gulf Oil Lubricants India Ltd. has declared an equity dividend of Rs 14.00 per share in the last 12 months. This equates to a dividend yield of 2.27 percent at the current share price of Rs 615.45.

Bharat Petroleum Corporation

Since June 18, 2001, Bharat Petroleum Corporation Ltd. has announced 35 dividends. Bharat Petroleum Corporation Ltd. has declared an equity dividend of Rs 21.00 per share in the last 12 months. This translates to a dividend yield of 4.46 percent at the current share price of Rs 471.30.

Balmer Lawrie Investments Ltd

Balmer Lawrie Investments Ltd. has issued an equity dividend of Rs 37.50 per share in the last 12 months. Since September 19, 2003, Balmer Lawrie Investments Ltd. has declared 20 dividends.

At the current share price of Rs 464.80, this equates to an 8.07 percent dividend yield.