5 Stocks Offering Dividend Up To 3770%, To Go Ex-Dividend Soon

5 Stocks announced whopping special, final, and interim dividend earlier this year. These stocks will soon go ex-dividend in April 2023. These stocks are offering maximum 3770% dividend to investors. Check details below so that you can become eligible to receive attractive dividend offered by these stocks. Check details below:

1. Sanofi India: The company announced 1830% special dividend and 1940% final dividend on February 23, 2023. The record date for the dividend is April 29, 2023 and ex-dividend date is April 28, 2023. The last trading price of Sanofi India is Rs 5742.75 apiece with market capitalisation at Rs 13,225.55 crore. The mid cap Pharmaceuticals sector stock gave 7% return in last 1-month and declined 24% in last 1-year. It gave 12% return in last 5-years. It is a zero-debt burden company.

According to the BSE filing, "Recommended a final dividend of Rs. 194/- per equity share of the face value of Rs.10/- each and a second special dividend of Rs. 183/- per equity share of the face value of Rs.10/- each for the financial year ended 31st December 2022."

2. Schaeffler India Ltd: The mid cap Industrial Consumables sector stock declared final dividend of 1200% on February 16, 2023. Record date for the dividend is April 12, 2023 and ex-dividend date is April 11, 2023. Last trading price of Schaeffler India Ltd is Rs 2780.25 apiece with intraday fall of 0.63%. The company has a market capitalisation of Rs 43,456.33 crore. It gave a return of 57% in last 1-year and 235% in last 3-years.

According to the BSE filing, "Schaeffler India said in a stock exchange filing that the Board of Directors have Recommended a Dividend of Rs 24/- per Equity Share of face value of Rs. 2/- each."

3. Nestle India Ltd: The company announced a final dividend of 750% on February 16, 2023 with the record date as April 21, 2023 and ex-dividend date as April 21, 2023. The last trading price of the large cap FMCG stock is Rs 18,851.05 apiece with intraday rally of 2.21%. Its market capitalisation is Rs 1,81,753.75 crore. The stock gave return of 3% in last 1-year and 29% in last 3-years.

According to the BSE filing, "The Board of Directors recommended final dividend for the year 2022 of Rs. 75/- (Rupees Seventy-Five only) per equity shares of Rs. 10/- each."

4. ABB India: The company announced 275% final dividend on February 10, 2023 with record date set as April 28, 2023 and ex-dividend date as April 27, 2023. The last trading price of the stock is Rs 3308.65 apiece. Its market capitalisation is Rs 70,113.06 crore. The large cap Engineering sector stock rallied 57% in last 1-year and 249% in last 3-years.

According to the BSE filing of the company, "Recommendation of a dividend of Rs.5.50 per share (Rupees Five and Fifty paisa only) i.e. (275%) on 21,19,08,375 Equity Shares of face value of Rs.2/- each fully paid up for the financial year ended December 31, 2022 subject to approval of Shareholders."

5. KSB Ltd: The company declared 150% final dividend with record date as April 30, 2023 and ex-dividend date as April 28, 2023. The last trading price of the small cap Irrigation & Allied Services sector stock is Rs 2066.25 apiece. its market capitalisation is Rs 7,192.17 crore. It gave a return of 79% in just 1-year and 291% in last 3-years.

According to the BSE filing, "The recommendation of payment of Dividend of INR 15.00 (150%) per equity share on 3,48,07,844 equity shares (Face Value INR 10 each fully paid up) for the financial year ended on 31st December, 2022 and the same shall be payable subject to approval of the shareholders at the ensuing Annual General Meeting of the Company."

Disclaimer: These stocks announced dividend and fixed record date that will fall in April. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.