Ex-Dividend Shares: Today these shares will get dividend, investors expect strong returns
Dividend-paying stocks: If you also trade in the stock market, then this news is very important for you. Today three companies are going to give dividends to their investors. Let us know which company will trade on ex-dividend today. Also, how much benefit will the investors get?
If you also trade in the market then this news is for you. Today these three companies will trade on ex-dividend. Today three dividend stocks will be in focus. Two stocks will trade ex-dividend today. And for the third stock, the board of directors can discuss or approve a dividend at any time during market hours on Monday.
Today, investors of Intense Technologies, Shyam Metalics, and SKM Engg Products can get the gift of dividends.
The Board of Directors of Intense Technologies has informed that it is going to consider and approve the dividend at its next meeting to be held on June 5, 2023. It is a small-cap stock company with the latest exchange communication.
Citing the development, the small-cap company informed that in accordance with Regulations 42, 43 and any other applicable section of the SEBI Regulations, 2015 ('Listing Regulations'), a meeting of the Board of Directors of the company will be held on Monday, 05 June 2023 at the Registered Office of the Company.
It has to conduct the following business, among other items on the agenda. Dividends on the equity shares of the company will also be considered for the financial year ending March 31, 2023. The dividend will be declared after it is approved by the members in the Annual General Meeting.
Shyam Metaliks & Energy Ltd has declared a dividend of Rs 1.8 per share. The company has set June 5, 2023, as the record date. It will trade ex-dividend on June 5, 2023.
Regarding dividend payment, the metal producer informed that the company has considered an interim dividend. The company has approved the payment of an interim dividend of Rs 1.80 per equity share. This is 18 percent of the face value of Rs 10 for the financial year 2023-24.
The record date for the purpose of determining the eligibility of members for payment of interim dividends shall be Monday, June 05, 2023. The interim dividend will be paid within the stipulated time frame.
SKM Engineering Products has declared a dividend of Rs. The company has set June 5, 2023, as the record date. It will trade ex-dividend on June 5, 2023.
Announcing this, the company has said that the board has declared an interim dividend at the rate of 20 percent for the financial year 2022-23. This means that it will pay a dividend of Rs 2 per equity share with a face value of Rs 10. The record date for determining the eligibility of shareholders for payment of interim dividends is Monday, June 05, 2023.