Dividends are cash rewards that are offered by the listed companies to their shareholders, after making a significant profit in a quarter or a fiscal to attract more investors. Here, 5 stocks have been mentioned that are offering up to 350% dividends in FY 23, the ex-dividend date will be tomorrow, November 24.
Bharat Forge
Bharat Forge is offering an Interim Dividend of 75%. The record date has been fixed to be on November 25, and the ex-dividend date has been fixed to be tomorrow, on November 24, 2022. Today, the stock closed at Rs. 842.45 in trade, and in the last 6 months it has given a 24.76% returns to the shareholders.
JM Financial
JM Financial is offering an Interim Dividend of 90%. The record date has been fixed to be on November 25, and the ex-dividend date has been fixed to be tomorrow, on November 24, 2022. Today, the stock closed at Rs. 71.30 in trade, and in the last 6 months it has given a 10.37% returns to the shareholders.
Polyplex Corp
Polyplex Corp, a multibagger company is offering a Special Dividend of 350%. The record date has been fixed to be on November 25, and the ex-dividend date has been fixed to be tomorrow, on November 24, 2022. Today, the stock closed at Rs. 1,842 in trade, and in the last 1 month it has given a 5.50% returns to the shareholders.
Power Finance
Power Finance, a top PSU stock is offering an Interim Dividend of 30%. The record date has been fixed to be on November 25, and the ex-dividend date has been fixed to be tomorrow, on November 24, 2022. Today, the stock closed at Rs. 125.05 in trade, and in the last 1 month it has given a 17.75% returns to the shareholders.
Diamines And Chemicals Ltd.
Diamines Chemicals, a multibagger stock is offering an Interim Dividend of 30%. The record date and the ex-dividend date has been fixed to be on tomorrow, November 24, 2022. Today, the stock closed at Rs. 521.65 in trade, and in 2022 it has given a 105.25% returns to the shareholders.
Cupid
Cupid is offering an Interim Dividend of 20%. The record date and the ex-dividend date has been fixed to be on tomorrow, November 24, 2022. Today, the stock closed at Rs. 254.40 in trade, and it has given a 10.68% returns to the shareholders, in the past 1 month.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates recent stock-related information about the companies.
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