Dividend Stocks: Shares of Page Industries and NHPC will remain in focus today, February 13, as they traded ex-date concerning their interim dividends. Eris Lifesciences, Veedol Corporation, and Sun TV Network are other companies that turned ex-dividend today.
These companies have also fixed February 13 as the record date for determining the names of the members eligible to receive dividends.
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.
Page Industries: The company's board of directors declared a third interim dividend of ₹150/—per equity share at their meeting on February 5. The record date for the payment of the interim dividend was February 13. As per Page Industries, the date fixed for payment of the dividend is on or before March 7.
NHPC: The Board of Directors of NHPC had declared the payment of interim dividend at the rate of 14% ( ₹1.40/- per equity share) on the face value of paid-up equity shares of ₹ 10/- each for the financial year 2024-25.
The Board has fixed Thursday, February 13, 2025, as the record date for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend.
The interim dividend, as per the company shall be paid/ dispatched within the period as stipulated in the Companies Act, 2013.
Eris Lifesciences: Eris had declared an interim dividend of ₹7.35/- (at the rate of 735%) on each fully paid-up equity share of Re 1/- for the Financial Year 2024-2025.
The record date for determining the eligibility of shareholders for the payment of the interim dividend had been fixed as February 13, 2025.
The payment of the interim dividend would be made to the eligible shareholders on or before March 09, 2025.
Sun TV Network: An interim dividend of ₹2.50 per equity share of ₹5 (i.e. 50%) for the financial year 2024-25 has been declared by Sun TV Network.
Veedol Corporation: The Board of Directors of Veedol Corporation at its meeting held on Wednesday, February 5 had recommended payment of a second interim dividend of ₹12/- per equity share of ₹2/- each for the year ended March 31, 2025.
The second interim dividend will be paid to the members of the company within 30 days of the declaration of the dividend, it announced.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.