Dividend, stock split news: Tata Steel, MRF, Hero MotoCorp, Automotive Axles among 10 stocks in focus
Dividend stocks: Akzo Nobel India, Amar Raja Batteries, Automotive Axles, Industrial & Prudential Investment Company and Kaycee Industries are among many stocks that will start trading ex-dividend from tomorrow, July 28.
Besides, the ex-date of Tata Steel stock split also falls on July 28. On Wednesday, shares of MRF India, Hawkins Cooker, UPL and Hero MotoCorp were among several stocks that turned ex-dividend. Ex-dividend is the date on which a stock starts trading without the benefit of corporate action.
Akzo Nobel India dividend
Ahead of the ex-date on Thursday, shares of this paint stock gained half per cent to Rs 1954.05 a share in BSE intraday trade on Wednesday. The Board of Directors of Akzo Nobel India has announced a final dividend of Rs 35 per share. Akzo Nobel India dividend record date is on July 30. Source: Pixabay
Automotive Axles dividend
The Board of Directors of Automotive Axles has declared a final dividend of Rs 15 per share. Automotive Axles dividend record date falls on July 30. Shares of Auto component and equipment manufacturer traded marginally lower on Wednesday and hit the day's low price of Rs 2049.70 per share. Source: Pixabay
Amar Raja Batteries dividend
The company has announced a final dividend of 0.5 per share. Amar Raja Batteries dividend record date is on July 31. Shares of this battery company rose almost three per cent to touch the day's high value of Rs 477.45 per share on the BSE on Wednesday. Source: Pixabay
Industrial & Prudential Investment Company dividend
This investment firm stock was seen trading with over one per cent gain to Rs 1550 in intraday trade on the BSE on Wednesday. Industrial & Prudential Investment Company has announced a dividend of Rs 50 per share. Industrial & Prudential Investment Company dividend record date is July 30. Source: Pixabay
Kaycee Industries dividend
Shares of electric equipment makers closed with gains of more than two and half per cent to Rs 3950 per share on Wednesday, a day ahead of the dividend ex-date. The Board of Directors of Kaycee Industries has declared a final dividend of Rs 50 per share. Kaycee Industries dividend record date is July 29. Source: Pixabay
Tata Steel stock split record date
Tata Steel stock split date in the 1:10 ratio has been fixed as July 29. Tata Steel share split date is July 28. As per the scheme of arrangements, the eligible shareholder will be given 10 shares of Tata Steel for every one share held by them. Source: Pixabay
Stocks that turned ex-dividend on July 27
Hawkins Cooker (Rs 60 per share), Hero MotoCorp (Rs 35 per share), MRF (Rs 144 per share) and UPL (Rs 10 per share) are those stocks that turned ex-dividend on Wednesday. Hawkins Cooker, Hero MotoCorp, MRF and UPL dividend record dates are on July 29.