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Dividend Stocks News: Alkem Laboratories, PI Industries and 2 more have announced interim dividends in the range of 600-1900 per cent.
4 stocks trade ex-dividend date today.
Dividend Stocks News: Shares of Alkem Laboratories, Cummins India, Gulf Oil Lubricant (India) and PI Industries are in the focus today i.e. Friday, February 14, 2025. Counters of these firms are trading ex-date for their announced dividends in the range of 600-1900 per cent for the shareholders. Ex-dividend date is the cutoff day on and after which the dividend loses its value for the payment to shareholders. One is required to have the scrip before the ex-date to become eligible for a corporate action like dividend.
Alkem Laboratories interim dividend payment date
Alkem Laboratories in the board meeting held on February 07, 2025 announced an interim dividend of Rs 37 per cent, translating to 1850 per cent for the financial year 2024-25.
The record date for the purpose of payment of Interim Dividend for financial year 2024-2025 is Friday, 14 February 2025.
The date of payment of interim dividend will be on and from February 28, 2025.
On Friday, shares of Alkem Laboratories slipped -2.23 per cent during the intraday session due to ex-dividend date.
Gulf Oil Lubricants (India) Interim Dividend 2025 Payment Date
Gulf Oil Lubricants (India) announced an interim dividend of Rs 20 per equity share (1000%) for the financial year 2024-25. Record Date for determining the entitlement of the shareholders for Interim Dividend for financial year 2024-25 has been fixed as Friday, February 14, 2025.
Payment is usually be given within 30 days of the approval by the board members.
On Friday, Gulf Oil Lubricants India’s stocks fell -3.58 per cent during the intraday due to ex-dividend date.
Cummins India Interim Dividend 2025 Payment Date
Cummins India in the board meeting approved an interim dividend of Rs 18 per equity (900%) on 277,200,000 equity shares (Face Value Rs. 2/- each) for the Financial Year 2024-25.
The interim dividend will be paid by March 03, 2025.
Shares of Cummins India fell -2.75 per cent during the intraday due to ex-dividend date.
PI Industries Interim Dividend 2025 Payment Date
PI Industries on February 06 declared an interim dividend of Rs 6 per share (600%) for the financial year 2024-25.
The Company has fixed February 14, 2025, as the record date for the purpose of determining the members eligible to receive the interim
dividend for the financial year 2024-25.
The payment of dividend for the shareholders will be completed on or before March 06, 2025.
The company engages in the manufacturing of pesticides and agrochemicals. Shares the company fell -1.11 per cent during the intraday on Friday.
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