Godrej Consumer, Mahanagar Gas share prices in focus as stocks turn ex-dividend today

Dividend Stocks: Stocks of Godrej Consumer Products, Mahanagar Gas, Share India Securities, Siyaram Silk Mills, Wheels India, Apcotex Industries, and Great Eastern Shipping were in focus today, February 3, as these stocks turned ex-date for the dividends.

The record date for ascertaining the names of the shareholders who will be entitled to receive the dividends for the said companies is also fixed as Monday, February 3.

The same implied that as per the T+1 settlement mechanism, investors needed to buy shares of Godrej Consumer Products and other companies a day before the record date for their names to appear in the list of eligible shareholders for receiving dividend payout.

Dividend Details

Godrej Consumer

Godrej Consumer Products had declared an interim dividend of ₹5/- per share on the face value of Re 1/- each (which translates into a 500 % dividend on equity shares) for the financial year 2024-25. The Board of Directors of Godrej Consumer Products at their meeting on January 24, 2025, to consider and approve unaudited financial Results of the company had also approved the dividend.

The record date for ascertaining the names of the shareholders who will be entitled to receive the said dividend remained Monday, February 3.

The dividend will be paid on or before Sunday, February 23, 2025.

Mahanagar Gas

The company's board on January 28, 2025, had considered and approved the declaration of an interim dividend of ₹12/- per equity share, having a face value of ₹10/- each for the financial year 2024-25. The interim dividend will be paid to the entitled shareholders within 30 days from the date of its declaration.

Share India Securities

The company also declared a third interim dividend of Re. 0.20/- (Twenty paisa only) per equity share, having a face value of ₹2/- each for the financial year 2024-25.

Share India Securities had fixed Monday, February 03 as the record date for determining the eligibility of shareholders to receive the third interim dividend for the financial year 2024-25.

Payment/dispatch of dividend drafts towards the aforementioned interim dividend will be done on or before February 26, 2025.

Siyaram Silk Mills

The company declared a second interim dividend of ₹3/- (150%) per equity share on the paid-up equity shares of ₹2/- each for the financial year 2024-25.

The Interim Dividend of Siyaram Silk Mills is to be credited or /paid dispatched within 30 days from the date of declaration. The record date for the said dividend stands on February 3.

Wheels India

The Board of Directors have declared an interim dividend of ₹4.5/- (45%) per equity share of ₹10/- each for the financial year ending March 31, 2025. The said interim dividend is to be paid to the shareholders whose names appear in the register of members as on February 3, 2025. The said dividend will be paid on or before February 25, 2025.

Apcotex Industries Limited

This company declared an Interim Dividend of ₹2/- per equity share of ₹2/- each for the Financial Year 2024-25. Accordingly, the Board had fixed Monday, February 3 as a record date for determining the entitlement of members for the purpose of payment of interim dividend.

The Great Eastern Shipping Company 

This company had declared an interim dividend of ₹8.10 per share to the equity shareholders. The ‘Record Date’ fixed to ascertain the shareholders eligible for receiving an interim dividend is February 03, 2025. The interim dividend will be paid to the shareholders on or after February 20, 2025.

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