23 Jul These stocks to give dividend this week upto Rs.120

These stocks are to turn ex-dividend this week including Tata Motor,Hero Motor,IOCL & Equitas

Dividends are like little bonuses that you get for being a part-owner of a company.

When you buy shares of a company’s stock, you become a shareholder, which means you own a tiny piece of that company. And when that company makes a profit, it might decide to give some of that profit back to its shareholders as dividends.

Dividends are usually paid out regularly, like every three months or once a year. It’s like getting a little gift in your mailbox or bank account just for owning some shares of a company.

If you want to receive the dividend payment from a company, you need to buy the stock before a certain date called the ex-dividend date. This is important because it ensures that your name is on the company’s list of shareholders by the record date. To learn more about stock market basics and stock analysis one can consider enrolling in our Stock Market Learning Courses, here.

You can check the list of stocks that will be trading ex-dividends this week. If you want to receive the dividend, make sure you buy the stock before those dates.

For example

To receive dividend on 25th July Ex-Dividend date stocks mentioned here, you need to buy them on or before 24th July.

Also Read: Buy or Sell: Sumeet Bagadia’s 3 Stock Recommendations for This Week

Ex-dividend date – 24 July 2023

Menon Bearings, Dividend Amount: Rs 2.25

Company Info: Menon Bearings is a leading manufacturer of precision-engineered bearings.
Business: Designing and producing a wide range of bearings for the automotive and industrial sectors.
Products: Automotive bearings, industrial bearings, and other bearing solutions for various applications.

ADC India, Dividend Amount: Rs 4.00

Company Info: ADC India is a company engaged in the manufacturing and distribution of power solutions and telecom equipment.
Business: Providing power solutions and telecom equipment for various industries and applications.
Products: Power distribution units, surge protectors, network racks, fiber optic cables, and other telecom products

Nava Bharat Ventures, Dividend Amount: Rs 6.00

Company Info: Nava Bharat Ventures is a conglomerate with interests in power, metals, and agriculture.
Business: Engaged in power generation, metal production, and agricultural operations.
Products: Electricity, ferroalloys, manganese ore, chrome ore, and agricultural products.

Siyaram Silk Mills, Dividend Amount: Rs 4.00

Company Info: Siyaram Silk Mills is a well-known textile manufacturer in India.
Business: Manufacturing and marketing of textiles and apparel fabrics.
Products: Textile fabrics and apparel.

NOCIL Ltd, Dividend Amount: Rs 3.00

Company Info: NOCIL Ltd is a chemical company specializing in rubber chemicals.
Business: Manufacture and sale of rubber chemicals and specialty chemicals.
Products: Rubber chemicals, accelerators, antioxidants, and other rubber additives.

Lakshmi Machine Works, Dividend Amount: Rs 98.50

Company Info: Lakshmi Machine Works is a leading textile machinery manufacturer.
Business: Design and production of textile machinery and machine tools.
Products: Textile machinery and machine tools.

PDS Multinational Fashions, Dividend Amount: Rs 2.60

Company Info: PDS Multinational Fashions is a global apparel and accessories manufacturer.
Business: Production and sourcing of apparel and fashion accessories for global markets.
Products: Textile machinery, including spinning, weaving, and processing machines.

Divgi TorqTransfer Systems, Dividend Amount: Rs 3.35

Company Info: Divgi TorqTransfer Systems is a major player in the automobile component industry.
Business: Manufacturing and supply of automotive components.
Products: Torque transfer units, drivetrain components, and related automotive solutions.

Also Read: “Public Sector Banks: Share Prices are Still 80% Down from All-Time Highs Despite Recent Rally
 

Ex-dividend date – 25 July 2023

Paushak Ltd, Dividend Amount: Rs 17.50

Company Info: Paushak Ltd is a chemical company specializing in phosgene-based products.
Business: Production and sale of phosgene-based chemicals.
Products: Phosgene-based chemicals.

Transport Corporation of India, Dividend Amount: Rs 2.00

Company Info: Transport Corporation of India is a logistics and transportation services provider.
Business: Providing logistics, transportation, and supply chain solutions.
Products: Logistics and transportation services.

Kirloskar Brothers, Dividend Amount: Rs 4.50

Company Info: Kirloskar Brothers is a leading manufacturer of fluid handling pumps and systems.
Business: Manufacturing and distribution of pumps and fluid handling systems.
Products: Centrifugal pumps, submersible pumps, sewage pumps, industrial valves, and related fluid handling products.

Carborundum Universal, Dividend Amount: Rs 2.00

Company Info: Carborundum Universal is a diversified abrasives and ceramics manufacturer.
Business: Manufacturing and distribution of abrasives, ceramics, and electro-minerals.
Products: Grinding wheels, coated abrasives, refractories, ceramics, and related industrial products.

KEC International, Dividend Amount: Rs 3.00

Company Info: KEC International is a global infrastructure engineering, procurement, and construction company.
Business: Engineering, procurement, and construction services for infrastructure projects.
Products: Infrastructure engineering and construction services.

Related Read: Will the Nifty Reach 21,000?

Ex-dividend date – 26 July 2023

 
 Steelcast Limited, Dividend Amount: Rs 2.70

Company Info: Steelcast Limited is a manufacturer of steel and alloy castings.
Business: Production and supply of steel and alloy castings.
Products: Steel and iron castings used in automotive, railways, construction, and engineering industries.

3M India, Dividend Amount: Rs 100.00

Company Info: 3M India is a diversified technology company with various product lines.
Business: Development and manufacturing of innovative products and solutions for a wide range of industries
Products: Health care products, consumer goods, adhesives, abrasives, safety equipment, and various industrial products.

Vinyl Chemicals (India), Dividend Amount: Rs 5.00

Company Info: Vinyl Chemicals (India) is a chemical company specializing in PVC resins.
Business: Manufacture and sale of PVC resins and related chemicals.
Products: PVC resins and related chemicals.

Goodyear India, Dividend Amount: Rs 26.50

Company Info: Goodyear India is a leading tire manufacturer.
Business: Manufacturing and marketing of tires for various vehicles.
Products: Tires for automobiles and other vehicles.

Gujarat Pipavav Port, Dividend Amount: Rs 3.40

Company Info: Gujarat Pipavav Port is an integrated port infrastructure company.
Business: Operating a multi-cargo port and providing port-related services.
Products: Handling and facilitating the movement of containers, bulk cargo like coal, grains, and liquid cargo such as chemicals and petroleum products.

Tube Investments of India, Dividend Amount: Rs 1.50

Company Info: Tube Investments of India Limited is a diversified engineering company and a part of the Murugappa Group, headquartered in Chennai, India.
Business: Diverse engineering and manufacturing businesses, including cycles, metal forming, and tube products. Products: Bicycles, automotive chains, cold-rolled steel strips, precision tubes, and other engineering products.

Associated Alcohols & Breweries, Dividend Amount: Rs 1.00

Company Info: Associated Alcohols & Breweries is a manufacturer of alcohol and spirits.
Business: Production and sale of alcohol and spirits.
Products: Alcohol and spirits.

Also Read:Why Many Analysts are Bullish on ITC?
 

Ex-dividend date – 27 July 2023

 
Pradeep Metals, Dividend Amount: Rs 1.00

Company Info: Pradeep Metals is a metal fabrication and engineering company.
Business: Fabrication and supply of metal components.
Products: Metal components and engineering solutions.

Pidilite Industries, Dividend Amount: Rs 11.00

Company Info: Pidilite Industries is a leading adhesive and construction chemicals manufacturer.
Business: Manufacturing and marketing of adhesives, sealants, construction chemicals, and consumer products. Products: Fevicol, Fevikwik, Dr. Fixit, M-seal, Fevistick, and various other adhesive and construction chemical products.

Ratnamani Metals & Tubes, Dividend Amount: Rs 12.00

Company Info: Ratnamani Metals & Tubes is a manufacturer of stainless steel pipes and tubes.
Business: Production and supply of stainless steel pipes and tubes.
Products: Stainless steel pipes and tubes for oil and gas, petrochemicals, pharmaceuticals, and other sectors.

Punjab Chemicals & Crop Protection, Dividend Amount: Rs 3.00

Company Info: Punjab Chemicals & Crop Protection is a chemical company focusing on agrochemicals.
Business: Manufacturing and marketing of agrochemicals and specialty chemicals.
Products: Agrochemicals and specialty chemicals.

JK Tyre & Industries, Dividend Amount: Rs 2.00

Company Info: JK Tyre & Industries is a leading tire manufacturer.
Business: Manufacturing and marketing of tires for various vehicles.
Products: Tires for automobiles and other vehicles.

Indag Rubber, Dividend Amount: Rs 1.50

Company Info: Indag Rubber is a manufacturer of automotive and industrial rubber products.
Business: Production and supply of rubber products for automotive and industrial applications.
Products: Automotive and industrial rubber products.

Akzo Nobel India, Dividend Amount: Rs 40.00

Company Info: Akzo Nobel India is a major producer of paints and coatings.
Business: Manufacturing and marketing of paints, coatings, and specialty chemicals.
Products: Decorative paints, industrial coatings, marine coatings, automotive coatings, and specialty chemicals.

Hero MotoCorp, Dividend Amount: Rs 35.00

Company Info: Hero MotoCorp is the world’s largest two-wheeler manufacturer.
Business: Manufacturing and marketing of motorcycles and scooters.
Products: Splendor, Passion, Xtreme, Karizma, Glamour, Maestro, Pleasure, Destini, XPulse, Xtreme 160R, Super Splendor, Glamour Blaze, Maestro Edge 125, HF Deluxe, Xtreme 200S, and many others

Deepak Nitrite, Dividend Amount: Rs 7.50

Company Info: Deepak Nitrite is a chemical company producing organic and inorganic chemicals.
Business: serves various industries such as agrochemicals, petrochemicals, plastics, pharmaceuticals, and more
Products: nitro-toluenes, fuel additives, optical brighteners, agrochemicals, and pharmaceutical intermediates.

Automotive Axles, Dividend Amount: Rs 32.00

Company Info: Automotive Axles Limited is a leading manufacturer of automotive axles, drive shafts, and other components for commercial vehicles and off-highway vehicles
Business: Production and supply of automotive axles and components.
Products: front steer axles, rear drive axles, planetary hub reduction axles, and non-drive axles

UltraTech Cement, Dividend Amount: Rs 38.00

Company Info: UltraTech Cement is the largest cement manufacturer in India.
Business: Production and distribution of cement and related products.
Products: Cement and related building materials.

Bhagiradha Chemicals and Industries, Dividend Amount: Rs 3.00

Company Info: Bhagiradha Chemicals and Industries is a chemical manufacturing company.
Business: Production and sale of specialty chemicals.
Products: Specialty chemicals.

Dollar Industries, Dividend Amount: Rs 3.00

Company Info: Dollar Industries is a leading manufacturer of hosiery and garments.
Business: Manufacturing and marketing of hosiery and garments.
Products: Innerwear, outerwear, sportswear, and other textile products for men, women, and children.

ASM Technologies, Dividend Amount: Rs 4.00

Company Info: ASM Technologies is an IT services and solutions company.
Business: Providing IT services and solutions to clients.
Products: Customized software solutions, IT consulting services, and system integration services for various industries and clients worldwide.

Rajratan Global Wire, Dividend Amount: Rs 2.00

Company Info: Rajratan Global Wire is a manufacturer of automotive wires and cables.
Business: Production and supply of automotive wires and cables.
Products: Automotive wires, tire bead wires, spring wires, spoke wires, and other specialty wires for automotive and industrial applications.

Related Read: 3 Consistently High Dividend Paying Stocks Paying Dividends – Up to 25%
 

Ex-dividend date – 28 July 2023

Aarti Industries, Dividend Amount: Rs 1.50

Company Info: Aarti Industries is a leading chemical company with a diverse product portfolio.
Business: Production of specialty chemicals, agrochemicals, surfactants, and pharmaceutical intermediates.
Products: Benzene-based specialty chemicals, agrochemical intermediates, surfactants, and other chemical products for various industries.

Mangalam Cement, Dividend Amount: Rs 1.50

Company Info: Mangalam Cement is a cement manufacturer.
Business: Production and distribution of cement and related products.
Products: Cement produces various types of cement, including Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Sulphate Resistant Cement (SRC).

Indian Oil Corporation, Dividend Amount: Rs 3.00

Company Info: Indian Oil Corporation is a major oil and gas company in India.
Business: Refining, marketing, and distribution of petroleum products.
Products: Petrol, diesel, liquefied petroleum gas (LPG), aviation turbine fuel (ATF), lubricants, bitumen, and petrochemicals, catering to various sectors like transport, industry, aviation, and households.

Nesco, Dividend Amount: Rs 4.50

Company Info: Nesco is a company engaged in exhibition and convention center operations.
Business: Operating exhibition and convention centers.
Products: Venue services for exhibitions and events.

Union Bank of India, Dividend Amount: Rs 3.00

Company Info: Union Bank of India is a public sector bank.
Business: Banking and financial services.
Products: Savings accounts, current accounts, fixed deposits, recurring deposits, personal loans, business loans, microfinance, and other banking and financial products.

Gloster Limited, Dividend Amount: Rs 20.00

Company Info: Gloster Limited is a stop shop for all kinds of jute products and it also exports them across the globe.
Business: Production and sale of jute and jute blended products
Products: manufacturing and exporting all kinds of Jute and Jute allied products

DLF Limited, Dividend Amount: Rs 4.00

Company Info: DLF Limited is a real estate development company based in India. It was founded in 1946 and has since become one of the largest real estate developers in the country. DLF is involved in the development of residential, commercial, and retail properties.
Business: Real estate development
Products: Residential, commercial, and retail properties

Amara Raja Batteries, Dividend Amount: Rs 3.20

Company Info: Amara Raja Batteries Limited is a leading manufacturer of lead-acid batteries for various applications, including automotive, industrial, and home UPS systems. The company was founded in 1985 and has become one of the largest battery manufacturers in India.
Business: Manufacturing of lead-acid batteries
Products: Automotive batteries, industrial batteries, home UPS batteries

Kaira Can Company, Dividend Amount: Rs 12.00

Company Info: Kaira Can Company Limited is a packaging solutions provider with a specialization in manufacturing and supplying metal containers, including cans, drums, and other packaging products. The company was established in 1962 and has since been a reliable partner for various industries.
Business: Manufacturing and supplying metal containers and packaging solutions
Products: Metal cans, drums, and other packaging products

WPIL Limited, Dividend Amount: Rs 20.00

Company Info: WPIL Limited is a leading engineering company that provides solutions in fluid handling and pressure control equipment. The company was established in 1952 and has a strong presence in the industrial, infrastructure, and agriculture sectors.
Business: Manufacturing and supply of fluid handling and pressure control equipment
Products: Pumps, valves, hydro turbines, and other fluid-handling equipment

Tata Motors Limited, Dividend Amount: Rs 2.00

Company Info: Tata Motors Limited is one of the leading automotive manufacturers in India and a subsidiary of Tata Group. The company produces a wide range of vehicles, including passenger cars, commercial vehicles, and electric vehicles.
Business: Automotive manufacturing and exports.
Products: Passenger cars (Tata Tiago, Tata Nexon, Tata Harrier, Tata Altroz, Tata Safari, Tata Tigor, Tata Hexa), Commercial vehicles (Tata Ace, Tata Ultra, Tata Prima, Tata Signa, Tata LPT trucks), Electric vehicles (Tata Nexon EV, Tata Tigor EV), Automotive components.

Xchanging Solutions Limited, Dividend Amount: Rs 15.00

Company Info: Xchanging Solutions Limited is an IT and outsourcing services company.
Business: Technology and services sector, providing cost-effective solutions for operational efficiency.
Products: Software solutions, BPO services, technology infrastructure management, and procurement solutions.

ICRA Limited, Dividend Amount: Rs 40.00
ICRA Limited, Dividend Amount: Rs 90.00 (Special Dividend)

Company Info: Credit rating agency and provider of research, ratings, and risk solutions services.
Business: Financial services, specializing in credit risk assessment and research.
Products: Credit ratings, risk solutions, grading, and consulting services for various industries and financial instruments.

Rane Holdings Limited, Dividend Amount: Rs 17.00

Company Info: Holding company engaged in the automotive components business.
Business: Manufactures and supplies auto components for the automotive industry.
Products: Steering and suspension systems, brake systems, occupant safety systems, driveline systems, and more for the automotive sector.

Voith Paper Fabrics India Limited, Dividend Amount: Rs 7.00

Company Info: Manufacturer of paper machine clothing.
Business: Production and sale of paper machine clothing.
Products: Paper machine clothing.

Mukand Limited, Dividend Amount: Rs 2.00

Company Info: Steel and engineering company.
Business: Manufacturing and sale of steel products and engineering services.
Products: Steel bars, alloy steel, stainless steel, and engineering products.

Kaycee Industries Limited, Dividend Amount: Rs 60.00

Company Info: Manufacturer of electrical and electronic products.
Business: Production and sale of electrical and electronic products.
Products: Switches, circuit breakers, connectors, relays, and other electrical components.

Gandhi Special Tubes Limited, Dividend Amount: Rs 12.00

Company Info: Manufacturer of steel and alloy-based tubes.
Business: Production and sale of steel and alloy-based tubes.
Products: Steel tubes, alloy steel tubes, and specialized tubes for various industries.

Elgi Equipments Limited, Dividend Amount: Rs 2.00

Company Info: Manufacturer of air compressors and related products.
Business: Production and sale of air compressors and related products.
Products: Air compressors, screw compressors, reciprocating compressors, and accessories.

Cosmo Films Limited, Dividend Amount: Rs 5.00

Company Info: Manufacturer of specialty films for packaging and lamination.
Business: Production and sale of specialty films.
Products: BOPP films, thermal lamination films, wrap-around labels, and synthetic paper.

Cravatex Limited, Dividend Amount: Rs 1.50

Company Info: Distributor of sports and lifestyle products in India.
Business: Distribution of sports and lifestyle products.
Products: Sports footwear, apparel, fitness equipment, and lifestyle accessories.

Bajaj Electricals Limited, Dividend Amount: Rs 4.00

Company Info: Consumer electrical equipment manufacturer.
Business: Production and sale of consumer electrical equipment.
Products: Lighting products, fans, kitchen appliances, and home appliances.

Banswara Syntex Limited, Dividend Amount: Rs 3.00

Company Info: Textile manufacturer.
Business: Manufacturing and exporting a wide range of textile products, including yarns, fabrics, and home textiles.
Products: Synthetic yarns, dress materials, shirting fabrics, and home furnishing fabrics.

TVS Electronics Limited, Dividend Amount: Rs 2.00

Company Info: Manufacturer of computer peripherals and electronics.
Business: Designing, manufacturing, and distributing IT peripherals, electronic components, and other related products.
Products: Keyboards, mice, printers, point-of-sale systems, and cash registers.

Info Edge (India) Limited, Dividend Amount: Rs 9.00

Company Info: Online classifieds and recruitment company.
Business: Operating online classifieds and recruitment platforms.
Products: Naukri.com, 99acres.com, Jeevansathi.com, and Shiksha.com.

Sobha Limited, Dividend Amount: Rs 3.00

Company Info: Real estate developer and construction company.
Business: Development and sale of residential and commercial properties.
Products: Luxury residential projects and commercial properties.

Indigo Paints Limited, Dividend Amount: Rs 3.50

Company Info: Manufacturer of decorative and industrial paints.
Business: Production and sale of paints.
Products: Interior and exterior paints, enamels, primers, and wood finishes.

TCPL Packaging Limited, Dividend Amount: Rs 20.00

Company Info: Packaging solutions provider.
Business: Designing and manufacturing innovative packaging solutions for consumer goods and industrial products.
Products: Flexible packaging materials, folding cartons, labels, and customized packaging solutions.

Adani Ports and Special Economic Zone Limited, Dividend Amount: Rs 5.00

Company Info: Ports and logistics company.
Business: Operation and management of ports and logistics services.
Products: Port and terminal services, logistics and warehousing solutions.

Alembic Pharmaceuticals Limited, Dividend Amount: Rs 8.00

Company Info: Pharmaceutical company.
Business: Research, development, and sale of pharmaceutical products.
Products: Anti-infective, cardiology, central nervous system, and gastrointestinal drugs.

Cadila Healthcare Limited, Dividend Amount: Rs 6.00

Company Info: Global pharmaceutical company.
Business: Research, development, and sale of pharmaceutical products.
Products: Cardiovascular, gastro-intestinal, respiratory, and anti-infective drugs.

Galaxy Surfactants Limited, Dividend Amount: Rs 4.00

Company Info: Manufacturer of surfactants and specialty chemicals.
Business: Production and sale of surfactants and specialty chemicals.
Products: Surfactants, emulsifiers, and specialty ingredients for personal care and home care industries.

Smruthi Organics Limited, Dividend Amount: Rs 2.00

Company Info: Manufacturer of pharmaceutical intermediates and fine chemicals.
Business: Production and sale of pharmaceutical intermediates and fine chemicals. Products: Bulk drugs, specialty chemicals, and intermediates for pharmaceuticals.

Equitas Small Finance Bank Limited, Dividend Amount: Rs 1.00

Company Info: Banking institution that operates as a small finance bank.
Business: Banking and financial services.
Products: Savings accounts, current accounts, fixed deposits, personal loans, business loans, and microfinance.

TCI Express Limited, Dividend Amount: Rs 2.00

Company Info: Logistics and courier services company.
Business: Providing logistics and courier services.
Products: Express cargo services, domestic and international courier services.

Mukesh Babu Financial Services Limited, Dividend Amount: Rs 1.20

Company Info: Financial services company.
Business: Offering investment advisory, wealth management, portfolio management, financial planning, and other financial solutions.
Products: Mutual fund investments, insurance products, and financial instruments.

Sun Pharmaceutical Industries Limited, Dividend Amount: Rs 4.00

Company Info: Multinational pharmaceutical company.
Business: Research, development, and sale of pharmaceutical products.
Products: Generic and specialty pharmaceuticals, APIs, and OTC drugs.

Godrej Agrovet Limited, Dividend Amount: Rs 9.50

Company Info: Diversified agribusiness company.
Business: Engaged in agri-inputs, animal feeds, and palm oil.
Products: Animal feeds, crop protection, dairy, poultry, and oil palm.

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