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Share Market News: In the stock market, companies are continuously declaring their March quarter results and along with this, they are giving investors a chance to earn money immediately. This week is also going to be special for the investors of the stock market, because during this time many companies are preparing to become ex-dividend shares. Investors can make these stocks a part of their portfolio and earn from dividends before the opportunity passes during the week.
Bank of Maharashtra
The first name in this episode is that of the public sector Bank of Maharashtra. This company is Rs. 1.3 ie 13 percent dividend is going to be given. The company has fixed May 23 as the record date for payment of this dividend. The shares will be ex-dividend on May 23 only.
ge shipping
Great Eastern Shipping Company i.e. GE Shipping has earned Rs. 9 has declared 4th interim dividend. The stock will go ex-dividend on May 24. This is also the record date for the dividend. This company can pay dividend on or before 6th June.
Manappuram Finance
The board of this finance company has decided to pay Rs. Recommend an interim dividend of 0.75. The company has fixed a record date of May 24 and it will become ex-dividend on the same date.
Rossari Biotech
The Board of Directors of Rosary Biotech has paid Rs. Recommended Final Dividend of 0.50 ie 25 per cent. The company has fixed a record date of May 24 and it will become ex-dividend on the same date.
nemetal
This company has announced a dividend of Rs 20 per share ie 200 per cent dividend to its investors. The shares will be ex-dividend on May 25, 2023. The company has fixed the record date of May 25.
Trent
The board of Trent has decided to issue equity shares of Rs. A dividend of 2.20 has been declared. This works out to a dividend of 220 percent. The company has set the record date as May 25. The shares will be ex-dividend only on 25 May.
Kansai Nerolac
This company is Rs. 2.70 ie 270 percent dividend is going to be given. In the financial year 2021-22, the company paid dividend at the rate of 225 per cent i.e. Rs 2.25 per share. For the last financial year, the company has fixed May 25 as the record date for dividend payment. These shares will also become ex-dividend on the same day. Investors will be paid on or before June 30.
Pearl Global Industries
The board of Pearl Global Industries has decided to pay Rs. 5 dividend has been declared. The stock will be ex-dividend on May 26. This is also his record date. The board says that the dividend will be paid in one month after shareholders’ approval.