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7 High Dividend Paying Stocks With Record Dates In June
In the past two months, numerous companies have posted their fourth-quarter performances and announced dividends. Amongst them, we have identified seven stocks of companies that have declared dividends as high as 2,125% and have set record dates for June.
Some companies, in the place of record dates, have disclosed the book closure period, which too lies in June. All seven companies have a good track record of paying dividends in the last five years.
Given below are the details:
| Company name | Dividend (%) | Record date/ Book closure dates | Current market capitalisation (Rs in crore) |
|---|---|---|---|
| Asian Paints Ltd | 2,125 | 09-06-2023 | 3,00,905.14 |
| Hindustan Unilever Ltd | 2,000 | 20th to 26th June 2023 | 6,25,895.87 |
| Piramal Enterprises Ltd | 1,550 | 16-06-2023 | 17,879.49 |
| Bajaj Finance Limited | 1,500 | 30-06-2023 | 4,12,652.51 |
| Bajaj Auto Ltd | 1,400 | 30-06-2023 | 1,29,672.28 |
| Supreme Industries Ltd | 1,000 | 21-06-2023 | 35,610.08 |
| Cera Sanitaryware Ltd | 1,000 | 21st to 28th June 2023 | 9,465.68 |
1. Asian Paints Ltd
The total dividend declared by Asian Paints for the financial year 2023 is 2,565% amounting to Rs 25.65 per share. At the current share price of Rs 3,135.50 this results in a dividend yield of 0.81%.
The share price of the company stock has rallied by 4.54% in the last one year and in the last three years, it has zoomed by 101.81%.
2. Hindustan Unilever Ltd
Hindustan Unilever has declared a total equity dividend of 3,900% amounting to Rs 39 per share for the year ending March 2023. Based on the current market price of Rs 2,661.05 of the company stock, it results in a dividend yield of 1.46%.
The share price of the company stock has rallied by 20% in the last one year while in the last three years, it has increased by 34.77%.
3. Piramal Enterprises Ltd
Piramal Enterprise has recommended a final dividend of Rs 31 per share (1550%) for the year ending March 2023. At the current share price of Rs 749.90, the dividend yield is of 4.13%.
The share price of the company stock has plunged steeply by 26.4% in the last one year and in the last three years, it has zoomed by 101.81%.
4. Bajaj Finance Limited
Bajaj Finance has declared a final equity dividend of 1,500% amounts to Rs 30 per share for a face value of Rs 2 each for the financial year ending 31 March 2023. As per the current market price of Rs 6,816.15 of the company stock, the dividend yield turns out to be 0.44%.
The share price of Bajaj Finance has rallied by 16.77% in the last one year while over the three years, it has surged massively by 223.03%.
5. Bajaj Auto Ltd
For the year ending March 2023, Bajaj Auto has declared an equity dividend of 1,400% amounts to Rs 140 per share. At the current share price of Rs 4,584 which results in a dividend yield of 3.05%
In the last one year and over three years, the share price of Bajaj Auto has rallied by 23.46% and 69.82% respectively.
6. Supreme Industries Ltd
For the year ending March 2023, Supreme Industries declared an equity dividend of 1,300% in total amounting to Rs 26 per share. At the current share price of Rs 2,803.35, the dividend yield turns out to be of 0.93%.
In the last one year, the share price has soared by 48.88% and over three years, it has risen by 208.52%.
7. Cera Sanitaryware Ltd
Based on the current market price of Rs 7,278 per share of Cera Sanitaryware, the dividend declared of 1,000% amounting to Rs 50 per share results in a dividend yield of 0.69%.
The share price of the company stock has surged massively by 79.64% and 229.75% in the last one year and three years respectively.
Disclaimer
This article is for information purposes only and highlights the stocks that have declared high dividends. The article should be treated as informational and not an advisory to invest. Neither the author nor Greynium Information Technologies Pvt Ltd should be held responsible for decisions based on this article.
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