The ex-date for all three falls on Friday, October 10, meaning buyers on or after that date will not be entitled to receive the respective payouts.
Among the three, Hexaware Technologies Ltd. has declared a notably large interim dividend of 575%, translating to Rs 5.75 per share.
Rashtriya Chemicals and Fertilizers, a public sector undertaking in the fertilisers segment, has announced a final dividend of 13.2%, which comes out to Rs 1.32 per share. The final dividend typically concludes the financial year’s distribution cycle and reflects the company’s profitability and cash reserves over the past fiscal year.
Sacheta Metals, a player in the aluminium and packaging industry, has also declared an interim dividend of 2.5%, amounting to Rs 0.05 per share. While modest compared to the others, investors still have the opportunity to qualify by making their purchases today.
This dividend announcement data has been sourced from StockEdge, a widely used stock market analytics and screening platform.Also read: Can Canara Robeco attract long-term investors amidst market volatility?
With this, October 9 marks a crucial cutoff for shareholders to be eligible for dividends from these companies. Post today, shares purchased will not carry dividend entitlement as they will trade ex-dividend. Investors are advised to take timely action if they wish to benefit from these corporate actions.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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