Interim dividend this week: Hinduja Global Solutions and Marico set record dates; check details

Hinduja Global Solutions Ltd and Marico Ltd have set their record dates this week to determine eligibility of shareholders for interim dividend payments.

The dividend will be paid to all shareholders whose names are recorded in the company's shareholder records as of the end of the record date.

Dividend payments to shareholders on a recurring basis are known as interim dividends. Interim dividends typically aren't as large as dividend payments made after the end of financial year. Generally, when quarterly earnings results are reported, these payments are announced.

Hinduja Global Solutions, which is engaged in business process management, has fixed Monday, March 6, as the record date for the purpose of determining the shareholders eligible for interim dividend.

As per the company's exchange filing, the board has declared third interim dividend of ₹2.50 per equity share for FY 2022-23. The said dividend of ₹2.50 per share shall be paid to the eligible members of the company on or before Wednesday, March 15.

According to trendlyne data, the company has declared 46 dividends since September 14, 2007.

The shares will trade ex-dividend on the record date.

Marico, a consumer products company operating in the health, beauty and wellness space, has fixed Wednesday, March 8, as the record date for the purpose of determining the shareholders eligible for interim dividend.

As per the company's exchange filing, the board declared interim equity dividend of ₹4.50 per equity share of ₹1 each. The interim dividend will be paid to such shareholders on or before Tuesday, March 28.

According to trendlyne data, the company has declared 60 dividends since September 4, 2000.

The shares will trade ex-dividend on the record date.