For the purpose of evaluating the members' eligibility for interim dividends, seven companies have set their record dates in December.
All shareholders whose names are listed in the firm's shareholder records at the end of the record date will receive the dividend that the company has announced.
For instance, if a firm declares December 10 as the record date, then all shareholders whose names are listed in the company records as of that day will be eligible to receive dividends.
Generally, the interim dividends are paid more than once and at any time during the fiscal year, in contrast to final dividends, which are only paid out once.
Gujarat Themis Biosyn Ltd, which is a manufacturer of pharmaceuticals and medicinal chemical products, has set December 2 as record date for the purpose of determining entitlement of the members for interim dividend.
On November 21, the board of directors of the company considered and approved declaration of an interim dividend for FY2022-23 of ₹4.40 per equity share, at the rate of 88 percent.
According to trendlyne data, since September 10, 2020, the company has declared five dividends. In the past 12 months, the Gujarat-based company has declared an equity dividend amounting to ₹8.40 per share.
Similarly, Som Distilleries & Breweries Ltd, a manufacturer of alcoholic beverages, in an exchange filing on November 18 said that it has also set December 2 as the record date.
The company declared first interim dividend of 0.25 rupee, at the rate of 5 percent, per equity share having a face value of ₹5 each for FY2022-23.
The payment of dividend will be made on or before December 17.
According to trendlyne data, the company has declared 11 dividends since September 21, 2010.
Panchsheel Organics Ltd, engaged in manufacturing and exporting of active pharmaceutical ingredients intermediates and finished formulations, has fixed December 5 as the record date for the purpose of determining entitlement of the members for interim dividend.
The company has declared an interim dividend of 0.80 rupee per equity share, at the rate of 8 percent.
The dividend will be paid on or before December 14. The ex-dividend date of the stock is similar to its record date.
According to trendlyne data, the company has declared 12 dividends since July 12, 2013. In the past 12 months, the company has declared an equity dividend amounting to ₹2.50 per share.
Hinduja Global Solutions Ltd, which is engaged in business process management, has set December 8 as the record date for the same.
The company's board on November 14 declared second interim dividend of ₹5 per share, at the rate of 50 percent for FY2022-23.
The dividend shall be paid to the eligible shareholders of the company within 30 days from the date of declaration.
The ex-dividend date of the stock is December 7.
According to trendlyne data, the company has declared 45 dividends since September 14, 2007.
Aptus Value Housing Finance India Ltd, an India-based home loan company, has set December 9 as the record date for purpose.
The company declared interim dividend of ₹2 per share, at the rate of 100 percent on November 28.
The interim dividend will be paid on or before December 23. The ex-dividend date of the stock is December 8.
Can Fin Homes Ltd, a company engaged in the business of housing finance, has fixed December 9 record date to determine eligible members for the payment of interim dividend.
On November 28, the company declared an interim dividend of ₹1.50 per share, at the rate of 75 percent for FY2022-23.
The interim dividend shall be credited by December 26. The ex-dividend date of the stock is December 8.
According to trendlyne data, the company has declared 24 dividends since July 3, 2001. In the past 12 months, the company has declared an equity dividend amounting to ₹3 per share.
Rashtriya Chemicals & Fertilizers Ltd, India-based fertilizer and chemical manufacturing company, has set 16th December as the record date for interim dividend.
On November 29, the company declared an interim dividend of ₹1.60 per share, at the rate of 16 percent.
The ex-dividend date of the stock is December 15. According to trendlyne data, the company has declared 24 dividends since August 30, 2001.
