4 Stocks Offering Dividends From 400% To 1500% Going Ex-Dividend On June 29 & 30

Investment

oi-Sunil Fernandes

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Published: Saturday, June 17, 2023, 9:55 [IST]

Dividends have always been one of the reasons many investors invest in stocks. The months of June, July, August and Sept see many companies announcing book closure for dividends. Here are 4 companies that will go ex-dividend on June 29 & June 30 for dividends.

Bajaj Finance

The Bajaj Finance stock will go ex dividend on June 30 for a dividend of as much as 1500%. The company is one of the top players in the NBFC space and has seen its share price rally to as much as Rs 7778 which was also a 52-week high. The shares of the Bajaj group company has seen a sharp rally from 52-week lows of Rs 5220.

Maharashtra Scooters

The board of this company declared a dividend of 600% sometime in the month of April and the stock will go ex-dividend on June 30, 2023. The company is a subsidiary of Bajaj Holdings and the stock price last trades at Rs 5365 on the National Stock Exchange.

SKF India

SKF India is another stock that has declared a handsome dividend and the board had earlier recommended a dividend of 400%. The company is a top player in the automotive and industrial segments. SKF India share prices last closed at Rs 4777. The company has a very consistent track record of declaring dividends.

Bajaj Auto

This is one of the leading players in the 2 and 3-wheeler segment in India. The company has declared a solid dividend of 1400% per share. The stock of Bajaj Auto was last seen trading at Rs 4638 on the National Stock Exchange. The stock has seen an upside from levels of Rs 3461 and has a good track record of declaring dividends.

Disclaimer

The article is informational only and is not an advisory to invest. Neither the author not Greynium Information Technologies would be responsible for any losses based on a decision from the article. Please note, we have merely highlighted the ratings from Morningstar companies declaring good dividends and have not done any analysis on the stocks above. It is prudent to consult a professional advisor.

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Story first published: Saturday, June 17, 2023, 9:55 [IST]

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