Dividends This Week: 17 companies set record dates this week; check detail here

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.

Dhanya Nagasundaram, MintGenie Team
Updated20 Mar 2023, 08:39 AM IST
Generally, the interim dividends are paid more than once and at any time during the fiscal year, in contrast to final dividends, which are only paid out once.
Generally, the interim dividends are paid more than once and at any time during the fiscal year, in contrast to final dividends, which are only paid out once.(MINT_PRINT)

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.

CompanyDividend Type Dividend (%)Record Date Ex-Dividend Date
Hindustan Aeronautics LtdInterim200March 20March 20
Ujjivan Financial Services LtdInterim50March 20 March 20
SRU Steels LtdInterim1March 20March 20
Poddar Pigments LtdInterim35March 22 March 21 
Sun TV Network LtdInterim50 March 21 March 21 
Kama Holdings LtdInterim840 March 21 March 21 
AGL Infra LtdInterim10March 22March 21
GAIL (India) LtdInterim40March 21 March 21 
KDDL LtdInterim20March 21 March 21 
Housing And Urban Development Corporation Ltd (HUDCO)Interim7.5March 22 March 21 
National Aluminium Company Ltd (NALCO)Interim50 March 21 March 21
Mishra Dhatu Nigam LtdInterim16.8 March 23March 23
Glenmark Life Sciences LtdInterim1050March 24March 24 
Bharat Electronics LtdInterim60March 25 March 24
Styrenix Performance Materials LtdInterim800 March 24 March 24 
Aditya Birla Sun Life AMC LtdInterim100 March 24 March 24 
Steel Authority of India (SAIL)Interim10 March 24March 24

Companies offer dividends as incentives for equity investors seeking both revenue and an increase in share value.

Understanding dividend reinvestment option in MFs
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First Published:20 Mar 2023, 08:39 AM IST
HomeMarketsDividends This Week: 17 companies set record dates this week; check detail here

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