2 Small, Mid Cap Chemicals Stocks To Trade Ex-Dividend For Up To 1000% Dividend

2 leading chemicals sector stocks are trading ex-dividend next week. These two stocks are Vinyl Chemicals (I) Ltd and Deepak Nitrite. Vinyl Chemicals shares jumped 71% in last 1-year and it will trade ex-dividend for 1000% dividend. Meanwhile, Deepak Nitrite shares soared 13% in last 1-year and it is set to trade ex-dividend for 375% dividend. Check details below:

1. Vinyl Chemicals (India) Ltd: Shares of Vinyl Chemicals will go ex-dividend on July 26, 2023. It recommended 500% special dividend and 500% final dividend. The company on May 4, 2023 stated in its BSE filing, "Out of Current Year's profit, the Board recommended payment of Total Dividend of Rs. 10/- per equity share of Re.1/- comprising of Normal Dividend of Rs.5/- per equity share and a Special Dividend of Rs.5/- per equity share (previous year Rs. 10/- per equity share comprising of Normal Dividend of Rs. 5/- per equity share and a Special Dividend of Rs.5/- per equity share) aggregating to Rs. 18,33,71,110/- (Previous Year Rs. 18,33,71,110) on 1,83,37,111 equity share of Re.1/- each."

Vinyl Chemicals Stock Performance & Return: Last trading price of Vinyl Chemicals share is Rs 504.25 per share with intraday gain of 1.44% on BSE as of July 20, 2023. The stock's 52-week high price is Rs 952.10 per share and 52-week low price is Rs 293.40 per share, respectively. Its market capitalisation is Rs 924.65 crore . Vinyl Chemicals shares declined 6% in last 3-months, gave 20% return in last 6-months, 222% return in last 2-years, and 451% return in last 3-years.

2. Deepak Nitrite: The stock will trade ex-dividend on July 27, 2023 for 375.00% dividend. The company in its BSE filing dated May 11, 2023 said, "Pursuant to the requirements of Regulation 30 of the SEBI (Listing Obtigations and Disctosure Requirements) Regutations, 2015 ("Listing Regulations") this is to inform you that the Board of Directors of the Company, at their Meeting held today i.e. 1 1th May, 2023, have recommended, for approval by the shareholders, a dividend of Rs 7.50/-, being 375% per equity share for the year ended March 31, 2023."

Deepak Nitrite Stock Performance & Return: Last trading price of Deepak Nitrite share is Rs 1981.00 per share with intraday fall of 0.59%. Its 52-week high price is Rs 2355.55 per share and 52-week low price is Rs 1731.00 per share, respectively. Its market capitalisation is 27,019 crore.

Deepak Nitrite shares fell 11% in last 1-month, jumped 5% in last 6-months, gave a return of 278% in last 3-years, and rallied 805% in last 5-years.

Disclaimer: The stocks highlight the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for ay losses. Please consult a professional advisor.