6 Big Dividend Announcements Made In Last 10 Days

6 Leading companies either announced dividends or fixed record date for payment of dividends in the last 10 days. These companies are KEC International, Berger Paints India Ltd, Xchanging Solutions Ltd, Tata Consultancy Services Ltd, Kirloskar Oil Engines Ltd, and Sun Pharmaceutical Industries Ltd. Check details below:

1. KEC International: The company had recommended final dividend of Rs 3/- per equity share of Rs 2/- each for the financial year ended on March 31, 2023. KEC International on July 10, 2023 fixed July 25, 2023 as the record date for determining entitlement of members to the final dividends, if approved. Last trading price of KEC International Ltd share is Rs 603.65 per share as of July 14, 2023 on BSE. Its 52-week high price is Rs 611.70 per share and 52-week low price is Rs 386.55 per share, respectively. KEC International stock gave return of 24% in last 6-months, 32% return in last 1-year, and 125% return in last 3-years.

2. Berger Paints India Ltd: Last trading price of Berger Paints share is Rs 668.80 per share with intraday gain of 1.11% on BSE as of July 14, 2023. It has a market capitalisation of Rs 64,968.74 crore. Berger Paints share 52-week high price is Rs 710.00 per share and 52-week low price is Rs 527.60 per share, respectively. In last 6-months, Berger Paints share offered return of 19% and 15% return in last 1-year.
The board on May 15, 2023 recommended dividend of 3.20 per equity share of Re 1/- each. Dividend on Equity Shares, if declared, at the 99th AGM will be paid on Monday, 21st August, 2023 to those Members who are entitled thereto. The ex-dividend date is August 4, 2023.

3. Xchanging Solutions Ltd: IT Software company, Xchanging Solutions Ltd set July 28, 2023 as record date for interim dividend of Rs 15/- per equity share of face value of Rs 10/- each for the financial year 2023-24. Last trading price of Xchanging Solutions share is Rs 112.88 per share. Its 52-week high price is Rs 121.65 per share and 52-week low price is Rs 51.67 per share, respectively. It has a market capitalisation of Rs 1257.53 crore. Xchanging Solutions share offered return of 93% in last 3-months and 61% return in last 1-year.

4. Tata Consultancy Services Ltd: The company declared dividend on July 12, 2023. Board of Directors have declared an interim dividend of Rs9 per Equity Share of Re 1 each of the Company and fixed July 20, 2023 as the record date.
Last trading price of TCS share as of July 14, 2023 is Rs 3512.00 per share on BSE with intraday gain of 5.13%. It has a market capitalisation of Rs 12,85,058.84 crore. Its 52-week high price is Rs 3575.00 per share and 52-week low price is Rs 2926.00 per share, respectively. TCS stock offered return of 6% in last 1-week, 10% return in last 3-months, 17% return in last 1-year, and 62% return in last 3-years.

5. Kirloskar Oil Engines Ltd: Last trading price of Kirloskar Oil Engines share is Rs 403.95 per share as of July 14, 2023. The stock's 52-week high price is Rs 443.25 per share and 52-week low price is Rs 141.00 per share, respectively. Its market capitalisation is Rs 5850.70 crore. Kirloskar Oil shares offered return of 181% in last 1-year and 276% return in last 3-years.

Board of directors on May 19, 2023 recommended final dividend of Rs 2.50/- per equity share of Rs 2/- each for the financial year 2022-23. The ex-dividend date is August 4, 2023.

6. Sun Pharmaceutical Industries Ltd: The company on July 7, 2023 fixed July 28, 2023 as the record date for final dividend of Rs 4.00/- per equity share for FY 2022-23. Last trading price of Sun Pharmaceutical Industries share is Rs 1072.40 per share with intraday fall of 0.30%. Its 52-week high price is Rs 1083.50 per share and 52-week low price is Rs 855.85 per share, respectively.

Sun Pharmaceutical Industries Ltd has a market capitalisation of Rs 2,57,298.65 crore. Sun Pharmaceutical shares offered return of 22% in last 1-year and 118% return in last 3-years.

Disclaimer: The stocks just highlights the dividends 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.