Oct Dividend Stocks: 5 Companies Set To Pay Dividend Up To 1125%, Record Date Decided

Five leading companies recently announced their quarterly earnings and declared dividends for the financial year 2023-24. These companies are Infosys, HCL Techonologies, Tata Consultancy Services Ltd, Glenmark Life Sciences, and Angel One Ltd. All these companies have fixed record date between October 20 and October 25. Check relevant details pertaining to interim dividends below:

1. HCL Techonologies Declares Rs 12 Per Share Interim Dividend: Board of Directors of HCL Techonologies on October 12 declared an interim dividend of Rs. 12/- per equity share of Rs. 2/- each for the financial year 2023-2024. The record date October 20, 2023 fixed for the payment of the aforesaid dividend and has been confirmed by the Board of Directors. The payment date of the said interim dividend shall be October 31, 2023.

Current market price of HCL Technologies Ltd share on BSE is Rs 1246.75 per share on BSE with intraday gain of 1.85%. HCL Technologies shares gained 27% in last 1-year.

2. Infosys Ltd Declares Rs 18 Per Equity Share Interim Dividend: The board of directors of Infosys on October 12, 2023 declared an interim dividend of Rs 18/- per equity share. The company fixed October 25, 2023 as the record date. Current market price of Infosys share on BSE is Rs 1426.75 per share on BSE with intraday fall of 2.58%. Infosys shares gained 0.58% in last 1-year and declined over 3% in last 1-week.

3. TCS Declares Second Interim Dividend of Rs 9/Share: The company on October 11, 2023 declared second interim dividend of Rs 9 per equity share of Re 1 each of the company. The second interim dividend shall be paid on Tuesday, November 7, 2023, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Thursday, October 19, 2023, which is the Record Date fixed for the purpose.

Current market price of TCS share on BSE is Rs 3564.75 per share with intraday gain of 0.64%. TCS stock gained 15% in last 1-year and fell 1.57% in last 1-week.

4. Glenmark Life Sciences Declares Highest Ever Interim Dividend: Board of Directors small cap pharmaceuticals sector company Glenmark Life Sciences Ltd on October 9, 2023 declared an interim dividend of Rs 22.50 per equity share of Rs 2 each for the FY 2023-24. The company already fixed October 17, 2023 as the record date for dividend and interim dividend will be paid to shareholders on or after October 23, 2023.

Current market price of Glenmark Life Sciences share on BSE is Rs 650.00 per share. Glenmark Life Sciences shares offered a return of 58% in last 1-year.

5. Angel One Announces Rs 12.70/Share Interim Dividend: The mid cap financial services sector company, Angel One Ltd on October 12, 2023 declared 2nd interim dividend of Rs 12.70 per share on equity share having face value of Rs 10 per share. The company earlier fixed October 20 as the record date. As per the BSE filing of the company dated October 12, "The Board has declared 2nd Interim Dividend for the Financial Year 2023-24 at the rate of Rs. 12.70 per share on equity shares having face value of Rs. 10 per share, as on the Record date."

Current market price of Angel One share on BSE is Rs 2144.50 per share with intraday rally of 1.94%. In last 6-months, Angel One shares rallied 70%. Angel One stock hit its fresh 52-week high today.

Disclaimer

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