3 Stocks That Will Go Ex-Dividend In July For Dividends From 920% To 4000%

Investment

oi-Sunil Fernandes

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Published: Monday, June 19, 2023, 8:34 [IST]

Markets have now closed at a record high as in coming data from across the economy seems to be strong. Also there are hopes that as inflation starts dropping we might see the RBI cutting interest rates going forward. Apart from this global cues have remained good, which has also lent support to the markets. Overall, it would be a surprise to see the markets drop from hereon.

3 stocks that are declaring very good dividends

LTIMindtree Ltd

The board of this company has declared a very robust dividend of 4000%. The stock of the company will go ex-dividend on July 10. Those buying the stock before this date would be entitled to dividends. The stock of LTIMindtree last closed the day at Rs 5009 on the Bombay Stock Exchange. The company is a tech company, which has seen a surge in share price recently from levels of Rs 3834 to Rs 5009.

L&T Technology

This is another IT company like LTIMindtree that has declared a very good dividend. The company has declared a dividend of 1400% and the stock will go ex-dividend on July 7. Please note, we are just highlighting dividends and this is not an advisory to invest as no analysis has been done in any of the stocks mentioned.

Swaraj Engines

This stock closed trade at Rs 2098 on the Bombay Stock Exchange. The stock has hit a 52-week low of Rs 1444 and a 52-week high of Rs 2202. The board of the company has declared a good dividend of 920%, for which the stock goes ex-dividend on July 7, 2023. Swaraj Engines Ltd is engaged in the manufacturing and supplying of diesel Engines in the range of 22 HP to above 65 HP. The company has a very long track record of regularly paying dividends.

Disclaimer

Please note, investing in equity markets is risky. We have just highlighted the dividends of some of the schemes and this is not a stock recommendation in any form. Neither Greynium Information, nor the author should be held liable for any losses based on this article. We have not done any analysis and please consult a professional advisor before you invest.

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Story first published: Monday, June 19, 2023, 8:34 [IST]

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