3 Companies Paying Upto 500% Dividend, Ex-date Next Week: Check Details

The dividend is an amount that can be offered by listed companies on the stock markets, as a share of the profits made in the last fiscal or quarter. Although it is not a mandatory step for a company for the shareholders, they can offer it to attract new investors. Here three companies have been mentioned those have announced dividends and the ex dates are coming next week.

Stock's performance - Grindwell Norto

Grindwell Norto, on May 5, 2022 announced a final dividend of 240%. The company's ex-dividend date will be next week, on July 19, 2022.

Grindwell Norto's current market price stood at Rs. 1,728.90. In the past 6 months, its stock price has fallen by 10.04%. In the past 1 year, its stock price has gained by 32.48%, amid a bearish market. It is a mid-cap company with a market capitalization of Rs. 19,116 crore. The 52-week high level of this stock is Rs. 2,018.35, and the 52-week low level of this stock is Rs. 1,161.00.

Stock's performance - Thirumalai Chem

Thirumalai Chem, on May 26, 2022 announced a final dividend of 250%. The company's ex-dividend date will be next week, on July 19, 2022.

Thirumalai Chem's current market price stood at Rs. 252. In the past 6 months, its stock price has fallen by 1.95%. In the past 1 year, its stock price has gained by 50.31%. It is a small-cap company with a market capitalization of Rs. 2,580 crore. The 52-week high level of this stock is Rs. 335.75, and the 52-week low level of this stock is Rs. 156.70.

Stock's performance - HCL Tech

HCL Tech, on July 4, 2022 announced an interim dividend of 500%. The company's ex-dividend date will be next week, on July 19, 2022, and the record date will be on July 20, 2022.

HCL Tech's current market price stood at Rs. 882.90. the company's stock price has fallen in the recent period, which is making it affordable for investors. In the past 6 months, its stock price has fallen by 29.86%. In the past 1 year, its stock price has fallen by 12.15%, due to a bearish market condition. It is a large-cap company with a market capitalization of Rs. 233,675 crore. The 52-week high level of this stock is Rs. 1,377.75, and the 52-week low level of this stock is Rs. 239,657 crore. Recently, ICICI Direct has given a hold rating to this stock.

Company	Dividend	Dividend type
Grindwell Norto	240.00%	Final
Thirumalai Chem	250.00%	Final
HCL Tech	500.00%	Interim

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