Dividend Stocks: Cochin Shipyard, Hero MotoCorp, ITC, Torrent Power, Man Infraconstruction, TCI Express, Expleo Solutions, Minda Corporation, Uniparts India and UNO Minda are among the 10 stocks that turned ex-dividend today.
The record date for determining the names of the members eligible to receive dividends from these companies had been set as February 12 as well.
The record date means that investors should have purchased shares of these companies a day prior to the record date for their names to be listed among the eligible shareholders for dividend payout, as per the T+1 settlement process.
Hero MotoCorp on February 6 declared an interim dividend@5000%, i.e. ₹100 per equity share, having a nominal value of ₹2/- each for the financial year 2024-25.
Hero MotoCorp Board had fixed February 12, 2025, as the record date for determining the entitlement of members for the purpose of payment of interim dividend.
The payment of dividend/dispatch of dividend warrants is set to be completed by March 08, 2025, as per the company.
Cochin Shipyard declared a 2nd interim dividend of ₹3.50/- per equity share of ₹5/- each fully paid-up (70%) for the financial year 2024-25; and fixed Wednesday, February 12 as the record date for the aforesaid interim dividend.
The interim dividend shall be paid to the eligible shareholders on or before March 07, 2025, as per Cochin Shipyard.
ITC had declared an interim dividend of ₹6.50 per ordinary share of ₹1/- each for the financial year ending on March 31, 2025.
The dividend by ITC will be paid between Thursday, March 6 and Saturday, March 8 to those members of the company entitled thereto.
ITC had fixed Wednesday, February 12, as the record date for the purpose of determining entitlement of the Members for such Interim Dividend.
Torrent Power had declared an interim dividend for FY2024-25 of ₹14 per equity share of ₹10/- each. The said dividend will be remitted on or before March 06, 2025, to the equity shareholders of the company.
The record date set by Torrent Power stood as Wednesday, February 12, 2025.
Man Infraconstruction had declared a second interim dividend of ₹0.45 per equity share (i.e. 22.5%) on 37,52,89,565 shares, having a face value of ₹2/- each, for FY 2024-25.
The record date for the purpose of determining the entitlement of shareholders for the said second interim dividend had been fixed as Wednesday, 12 February.
The said dividend shall be paid/dispatched on Monday, February 24.
TCI Express had declared a second interim dividend for FY 2024-25@150% ( ₹3/-) per equity share of face value of ₹2/-each. The record date has been fixed as Wednesday, February 12.
The payment of the dividend will be completed within the statutory time limit, the company said.
Expleo Solutions had declared an interim dividend of ₹50/- per equity share of face value of ₹10/- each for the financial year 2024-25, to the shareholders of the company as on the record date.
The interim dividend shall be paid on or before Friday, March 7, 2025.
The record date for the purpose of determining the eligibility of shareholders entitled to receive the Interim dividend shall be Wednesday, February 12, 2025, as per the company.
Minda Corporation had declared an interim dividend@25% i.e. ₹0.50/- per equity share on 239,079,428 equity shares of ₹2 each.
The board has fixed Wednesday, February 12, 2025, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend for the year 2024-25.
The dividend shall be paid on or before Wednesday, March 05, 2025.
Uniparts India had declared a second interim dividend of ₹7.50 per equity share (on the face value of ₹10 each) for the financial year 2024-25.
It had fixed February 12, 2025, as the record date for determining the shareholders who will be entitled to the said interim dividend.
The interim dividend shall be paid to the eligible shareholders within 30 days from the date of declaration
Uno Minda Board approved and declared an interim dividend of ₹0.75 per equity share, or 37.50%, to the company's equity shareholders as of the Record Date for the Financial Year 2024-25.
The "Record Date" for the purpose of ascertaining the eligibility of shareholders for payment of the aforesaid interim dividend was fixed as Wednesday, February 12, 2025.
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