Upcoming Dividend: Balaji Amines and 2 Other Stocks

Tanushree Jaiswal 19th July 2023 - 06:25 pm

Balaji Amines, Jyothi Labs, and Axtel Industries are trading ex-dividend today. Balaji Amines has announced its intention to distribute a final dividend to its esteemed shareholders. The company's Board of Directors has proposed a final dividend of ₹10 per Equity Share, which has a face value of ₹2 each. This dividend declaration signifies an extraordinary payout ratio of 500% for the financial year 2022-2023.

Jyothy Labs has informed today that the company's Board of Directors has proposed a dividend of ₹3 per equity share, having a face value of ₹1each, for the financial year 2022-23. The dividend will be paid or dispatched on or after July 27, 2023.

Axtel Industries Ltd has declared a final dividend of ₹3.00 per equity share, representing 30% of the face value of ₹10, for the financial year ending on March 31, 2023.

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Tanushree Jaiswal

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