Investors can earn up to ₹270 per share as several companies are set to trade ex-dividend this week.
Six companies have announced dividends of more than ₹50 per share. Here’s the complete list.
6 companies offering big dividends this week
If you own shares of these companies before their ex-dividend date and are eligible on the record date, you can receive the announced dividend.
1. Bayer CropScience Ltd
Bayer CropScience has announced a dividend of ₹60 per share. The record date is August 5. The stock closed at ₹4,232.90 on the BSE on Friday.
2. Bosch Ltd
Bosch will pay a ₹270 per share dividend, the highest on this list. The record date is August 4. Last year, the company paid a dividend of ₹512 per share.
3. Some India Ltd
The company has announced a ₹200 per share dividend. The stock will trade ex-dividend on August 5. Its shares closed at ₹12,261.90 on Friday and have gained 1.72% so far this year.
More dividend-paying stocks to watch
4. Chennai Petroleum Corporation Ltd
The company has declared a ₹54 per share dividend. The stock will trade ex-dividend on August 7. It closed at ₹1,260.90 after gaining more than 1% on Friday.
5. Maruti Suzuki India Ltd
Maruti Suzuki has announced a ₹140 per share dividend. The stock will trade ex-dividend on August 7. Its share price has risen around 12% over the past year.
6. Lumax Industries Ltd
Lumax Industries will pay a ₹55 per share dividend. The record date is August 6. The stock has delivered a 37% gain over the last year.
