5 Stocks Are Turning Ex-Dividend Today: Check If You Own Any

Five leading stocks are scheduled to turn ex-dividend today. These stocks are Control Print Ltd., Pix Transmissions Ltd., Kirloskar Pneumatic Company Ltd., Persistent Systems Ltd., and Dr Reddys Laboratories Ltd. Ex-dividend date is crucial as it decides which shareholder will get the declared dividend of the company on that particular date. Check Key Details Below:

1. Dr Reddys Laboratories Ltd

It is an Indian multinational pharmaceutical company located in Hyderabad, Telangana, India. It came into existence in 1984. It has research and development centres, manufacturing facilities or commercial presence in 56 countries. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited.

The current market price of the stock is Rs 4410 apiece and it gained 0.06% in today's trading. The 52-week high is Rs 5534 apiece and 52-week low is Rs 3654 apiece. It is a company with low debt. It has a PE of 33.60 which is higher than the sector PE of 29.32. The market capitalization is Rs 73,400 crore with a dividend yield of 0.68%. Currently, it is trading at a discount of 25% from its highs.

It has consistently declared dividend in the last 5 years and has a good dividend record. It declared an equity dividend of 600% or Rs 30 per share on May 19 and the ex-dividend date is today i.e. 11 July.

2. Control Print Ltd

The current market price of the stock is Rs 449.30 apiece. Its 52-week high is Rs 494 apiece and 52-week low is Rs 293 apiece. It has declared an equity dividend of 50% or Rs 5 per share on May 19 and it is turning ex-dividend today. Currently, it is trading at a discount of 9% from its highs. It has a market capitalization of Rs 733 crore with a dividend yield of 2.00%. It has a PE of 18.39 and sector PE is 18.65.

The stock has a good dividend history and consistently declared dividend in the last 5 years. Earlier this year it had declared an interim dividend of 40% or Rs 4 per share. It has registered rising net cash flow and cash from operating activity and there is no weakness for this stock at present.

Control Print Ltd is a leading company in the manufacturing of coding and marking solutions. Its product range includes Continuous Ink Jet Printer,Large Character Printer,Hot Roll Coder,Thermal Transfer Overprinter,Laser and Consumables, among others.

3. Pix Transmissions Ltd

The current market price of the stock is Rs 832 apiece with a 52-week high of Rs 1121 and 52-week low of Rs 10 apiece. Currently, it is trading at a discount of 26% from its highs. The stock is turning ex-dividend today for 60% or Rs 6 per share. It had declared final dividend on May 13. It has good dividend history and regularly declared dividend in the last 5 years. Last year in 2021, it has declared an equity dividend of 50% or Rs 5 per share.

It is a company with low debt. It registered dip in net profit with falling profit margin QoQ. The PE of the stock is 16.49. It has a market capitalization of Rs 1134 crore with a dividend yield of 0.72%.

Pix Transmissions Ltd. has emerged as the fastest growing global leader in power & fluid transmission business. It is engaged into the manufacturing of World Class Quality Industrial & Automotive Belts, Hoses, Hose Assemblies and End Fittings to suit various Power Drive needs, etc.

4. Kirloskar Pneumatic Company Ltd

The current market price of the stock is Rs 445 apiece with a gain of 1.48% in today's trading at 10:03 am. Its 52-week high is Rs 513 apiece and 52-week low is Rs 285 apiece, respectively. It has registered rising net cash flow and cash from operating activity. There is no threat to this stock at present. It has a market captialisation of Rs 2873 crore. Currently, the stock is trading at a discount of 15% from its highs. It has a PE of 33.79 which is less than the sector PE of 47.17.

It is turning ex-dividend today. It has declared an equity dividend of 120% or Rs 2.4 per share on April 28. It has an attractive dividend history and declared dividend regularly for the past 5 years.

Kirloskar Pneumatic Company Ltd. (KPCL) is one of the core group companies and it came into existence in 1958. It functions in two segments namely compression systems and transmission products.

5. Persistent Systems Ltd

The current market price of the stock is Rs 3278 apiece. The 52-week high is Rs 4987. 50 apiece and 52-week low is 2725 apiece, respectively. It is trading at a discount of 52% from its highs. Brokers have also upgraded recommendations or target price for the stock. It has registered rising net cash flow and cash from operating activity. Its market capitalization is Rs 25,100 crore with a dividend yield of 0.95%. It has a PE of 36.35.

The stock is turning ex-dividend today. It had declared an equity dividend of 110% or Rs 11 per share on April 27. It has a good dividend history and consistently declared dividend in the last 5 years.

It is an OPD specialty company, offering the customers the advantages of offshore delivery. It designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of the customers existing software products.