Seventeen companies have set their record dates this week to determine eligibility of shareholders for interim dividend payments.
The dividend will be paid to all shareholders whose names are recorded in the company's shareholder records as of the end of the record date.
Dividend payments to shareholders on a recurring basis are known as interim dividends. Interim dividends typically aren't as large as dividend payments made after the end of financial year. Generally, when quarterly earnings results are reported, these payments are announced.
Company | Dividend Type | Dividend (%) | Record Date | Ex-Dividend Date |
Hindustan Aeronautics Ltd | Interim | 200 | March 20 | March 20 |
Ujjivan Financial Services Ltd | Interim | 50 | March 20 | March 20 |
SRU Steels Ltd | Interim | 1 | March 20 | March 20 |
Poddar Pigments Ltd | Interim | 35 | March 22 | March 21 |
Sun TV Network Ltd | Interim | 50 | March 21 | March 21 |
Kama Holdings Ltd | Interim | 840 | March 21 | March 21 |
AGL Infra Ltd | Interim | 10 | March 22 | March 21 |
GAIL (India) Ltd | Interim | 40 | March 21 | March 21 |
KDDL Ltd | Interim | 20 | March 21 | March 21 |
Housing And Urban Development Corporation Ltd (HUDCO) | Interim | 7.5 | March 22 | March 21 |
National Aluminium Company Ltd (NALCO) | Interim | 50 | March 21 | March 21 |
Mishra Dhatu Nigam Ltd | Interim | 16.8 | March 23 | March 23 |
Glenmark Life Sciences Ltd | Interim | 1050 | March 24 | March 24 |
Bharat Electronics Ltd | Interim | 60 | March 25 | March 24 |
Styrenix Performance Materials Ltd | Interim | 800 | March 24 | March 24 |
Aditya Birla Sun Life AMC Ltd | Interim | 100 | March 24 | March 24 |
Steel Authority of India (SAIL) | Interim | 10 | March 24 | March 24 |
Companies offer dividends as incentives for equity investors seeking both revenue and an increase in share value.
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