Don't Miss Out: Muthoot Finance, Dhampur Sugar Mills Shares Trade Ex Dividend Today

Stock Market Updates: Two major players in the Indian stock market, Muthoot Finance and Dhampur Sugar Mills, are set to turn ex-dividend on Tuesday. Muthoot Finance, one of the country's largest standalone gold finance companies, has declared an interim dividend of ₹22 per share for fiscal year 2022-23, which is 220 per cent of the face value of shares. The NBFC has fixed April 18 as the record date to determine which shareholders will be entitled to receive the dividend. Dhampur Sugar Mills, the sugar producer, has also declared an interim dividend of ₹5 per share and a special dividend of Re 1. The ex-date for these dividends is set for Tuesday, which means that investors who purchase the company's shares on or after this date will not be entitled to receive the dividends. It's important for investors to keep this

in mind when making any investment decisions related to Dhampur Sugar Mills.

Muthoot Finance's Dividend History

According to Trendlyne data, Muthoot Finance has declared 16 dividends since August 16, 2012. In the past 12 months, the company has declared an equity dividend of ₹42 per share, resulting in a dividend yield of 4 per cent at the current share price of ₹1049.75. When a company's stock trades ex-dividend, it means that the stock is being traded without the value of the next dividend payment. In other words, investors who purchase the stock on or after the ex-dividend date will not be eligible to receive the next dividend payment. This is important for investors to keep in mind when considering whether or not to invest in a particular company. Shareholders who purchase the stock on or after the ex-dividend date are not entitled to

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receive the dividend payment.

Dhampur Sugar Mills' Dividend Yield

Over the years, Dhampur Sugar Mills has distributed 16 dividends to its shareholders since February 27, 2006. This information is important for investors who are interested in the company's dividend history and may want to consider it when making investment decisions. In the past 12 months, the company has declared an equity dividend of ₹6 per share, resulting in a dividend yield of 2.47 per cent at the current share price of ₹243.35. Shareholders who are eligible to receive the dividend will receive it on May 3.

Investors who are interested in receiving the dividend payments should purchase the stocks before the ex-dividend date. It is important to note that the dividend amount is deducted from the share price on the ex-dividend date, which may cause a drop in the stock price.

Investors in Muthoot Finance

and Dhampur Sugar Mills should take note that both companies will turn ex-dividend on Tuesday. Muthoot Finance has announced an interim dividend of ₹22 per share, which is equivalent to 220% of the face value of the shares. Dhampur Sugar Mills has announced that it will pay an interim dividend of ₹5 per share and a special dividend of Re 1. This news is important for investors to note, as the ex-date for these dividends is set for Tuesday. It's important to keep in mind that investors who purchase the company's shares on or after the ex-dividend date will not be eligible to receive these dividends. Shareholders who are eligible to receive the dividend should ensure that they purchase the stocks before the ex-dividend date. It is also important to consider the company's dividend history and dividend yield when making investment decisions.