Are you ready for a financial boost? Investors should mark their calendars for April 2, as three prominent companies—ADC India Communications, MSTC, and RailTel Corporation—have declared the record date for their upcoming interim dividends. With a total dividend payout of ₹30.5 per share, shareholders can look forward to some exciting opportunities. Let’s dive into the specifics of what each company has to offer.
Attractive Dividend Offers Await Investors
This announcement brings a delightful prospect for those holding shares in these firms. Here’s a closer look at the dividends being offered:
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ADC India Communications: This telecom microcap leader is set to impress with a substantial ₹25 per share dividend.
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MSTC: As a government-owned entity, MSTC has declared an interim dividend of ₹4.50 per share for its investors.
- RailTel Corporation: This railway public sector unit is providing a 10% dividend, amounting to Re 1 per share.
Important Dates for Investors
ADC India Communications Dividend
- Record Date: April 2
- Payment Date: On or before April 23
ADC India Communications continues its legacy of rewarding its shareholders with this 250% interim dividend, reinforcing its commitment to investor returns.
MSTC Dividend
- Record Date: April 2
- Previous Dividends: Earlier this year, MSTC distributed ₹32 per share. In 2024, investors received three dividends totaling ₹4 in November, ₹5 in September, and ₹5 in February.
RailTel Dividend
- Record Date: April 2
- Payment Date: April 9
This marks the second interim dividend from RailTel Corporation for the financial year 2024-25, signaling its ongoing commitment to shareholder value.
The Significance of Record Date
Understanding the record date is crucial for investors. Only those who own shares by the end of April 1, 2025 will qualify for these dividend payouts. This date is pivotal as it determines eligibility for receiving the announced dividends, so make sure your investments are in place.
Conclusion
With hefty dividends on the horizon from ADC India Communications, MSTC, and RailTel Corporation, this is a prime opportunity for investors to enhance their portfolios. Keep an eye on these dates and prepare for a rewarding financial experience!