Stocks to Watch: KPIT Tech & 9 Other Stocks Trading Ex-Dividend This Week
Stocks to Watch: A dividend is a portion of a company’s profit that is distributed to its shareholders. Companies with retained earnings can either reinvest the funds into business expansion, pay off debts, or distribute them as dividends.
For investors looking to earn passive income from their investments, dividends play a crucial role. This week, several prominent stocks will trade ex-dividend, meaning investors must buy them before the ex-dividend date to be eligible for the payout. Let’s take a closer look at 10 such stocks that should be on your radar.
1. KPIT Technologies Limited
- Market Cap: ₹38,811.91 crore
- Latest Share Price: ₹1,415.75
- Ex-Dividend Date: 4th February 2025
- Dividend per Share: ₹2.5
- Dividend Yield: 0.48%
KPIT Technologies, a leading software company in the automotive and mobility sector, has announced an interim dividend of ₹2.5 per share. The stock saw a modest gain of 0.44% in its last trading session.
2. Shree Cement Limited
- Market Cap: ₹97,580.38 crore
- Latest Share Price: ₹27,045
- Ex-Dividend Date: 5th February 2025
- Dividend per Share: ₹50
- Dividend Yield: 0.39%
Shree Cement, a key player in the cement industry, is offering a generous interim dividend of ₹50 per share. Despite the announcement, the stock closed 2.82% lower in the last session.
3. Emami Limited
- Market Cap: ₹27,341.52 crore
- Latest Share Price: ₹622.70
- Ex-Dividend Date: 4th February 2025
- Dividend per Share: ₹4
- Dividend Yield: 1.43%
Known for its strong presence in the FMCG sector, Emami has declared an interim dividend of ₹4 per share. The stock saw a strong rally, closing 5.79% higher.
4. SRF Limited
- Market Cap: ₹83,785.96 crore
- Latest Share Price: ₹2,826.55
- Ex-Dividend Date: 4th February 2025
- Dividend per Share: ₹3.6
- Dividend Yield: 0.25%
SRF, a diversified company engaged in chemicals and packaging films, announced an interim dividend of ₹3.6 per share. The stock closed slightly higher at 0.61%.
5. Indian Metals and Ferro Alloys Limited
- Market Cap: ₹3,819.68 crore
- Latest Share Price: ₹707.95
- Ex-Dividend Date: 5th February 2025
- Dividend per Share: ₹5
- Dividend Yield: 2.19%
Indian Metals and Ferro Alloys, a major player in the metals industry, is offering ₹5 per share as an interim dividend. The stock ended the last session with a 0.88% gain.
6. India Motor Parts and Accessories Limited
- Market Cap: ₹1,385.28 crore
- Latest Share Price: ₹1,110
- Ex-Dividend Date: 6th February 2025
- Dividend per Share: ₹10
- Dividend Yield: 2.47%
India Motor Parts and Accessories has declared an interim dividend of ₹10 per share. The stock saw a 1.90% gain in its latest trading session.
7. Computer Age Management Services Limited
- Market Cap: ₹17,491.30 crore
- Latest Share Price: ₹3,540.35
- Ex-Dividend Date: 7th February 2025
- Dividend per Share: ₹17.5
- Dividend Yield: 1.31%
CAMS, a leading mutual fund transfer agency, has announced an interim dividend of ₹17.5 per share. The stock closed 1.75% lower in the last session.
8. Kirloskar Pneumatic Company Limited
- Market Cap: ₹7,342.91 crore
- Latest Share Price: ₹1,132
- Ex-Dividend Date: 7th February 2025
- Dividend per Share: ₹3.5
- Dividend Yield: 0.58%
Kirloskar Pneumatic, engaged in engineering solutions, will issue an interim dividend of ₹3.5 per share. The stock fell slightly by 0.30% in the last session.
9. GAIL (India) Limited
- Market Cap: ₹1,15,524.50 crore
- Latest Share Price: ₹175.70
- Ex-Dividend Date: 7th February 2025
- Dividend per Share: ₹6.5
- Dividend Yield: 3.61%
GAIL, India’s largest natural gas company, has declared a dividend of ₹6.5 per share. The stock dipped 0.85% in its last trading session.
10. Shyam Metalics and Energy Limited
- Market Cap: ₹21,786.24 crore
- Latest Share Price: ₹780.50
- Ex-Dividend Date: 7th February 2025
- Dividend per Share: ₹2.25
- Dividend Yield: 0.58%
Shyam Metalics, a key player in the metals and energy sector, has announced a dividend of ₹2.25 per share. The stock closed 2.42% higher in the last session.
Conclusion
Investors looking for steady income streams should keep an eye on these stocks. Dividends not only provide passive income but also reflect the financial stability of a company. However, it’s essential to evaluate other financial factors such as earnings growth, cash flow, and overall market conditions before making an investment decision.
Below is a summary of financial ratios for the stocks:
Stock | Market Cap (₹ Cr) | Share Price (₹) | Dividend (₹) | Yield (%) | Ex-Dividend Date |
---|---|---|---|---|---|
KPIT Technologies | 38,811.91 | 1,415.75 | 2.5 | 0.48 | 4th Feb 2025 |
Shree Cement | 97,580.38 | 27,045 | 50 | 0.39 | 5th Feb 2025 |
Emami | 27,341.52 | 622.70 | 4 | 1.43 | 4th Feb 2025 |
SRF | 83,785.96 | 2,826.55 | 3.6 | 0.25 | 4th Feb 2025 |
Indian Metals | 3,819.68 | 707.95 | 5 | 2.19 | 5th Feb 2025 |
India Motor Parts | 1,385.28 | 1,110 | 10 | 2.47 | 6th Feb 2025 |
CAMS | 17,491.30 | 3,540.35 | 17.5 | 1.31 | 7th Feb 2025 |
Kirloskar Pneumatic | 7,342.91 | 1,132 | 3.5 | 0.58 | 7th Feb 2025 |
GAIL | 1,15,524.50 | 175.70 | 6.5 | 3.61 | 7th Feb 2025 |
Shyam Metalics | 21,786.24 | 780.50 | 2.25 | 0.58 | 7th Feb 2025 |
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.