Investors are gearing up for an exciting wave of dividend announcements as the fourth quarter earnings season approaches. Dividend-paying stocks are particularly appealing, as they provide not just potential market gains but also additional income through dividends. Many savvy investors reinvest these dividends to amplify their returns.
Upcoming Ex-Dividend Stocks to Watch
As April 2025 unfolds, several prominent companies are set to go ex-dividend, offering lucrative incentives to their shareholders. Here’s a look at some noteworthy contenders:
MSTC: A Steel Sector Player
MSTC, a public sector undertaking under the Ministry of Steel of India, is poised to declare an interim dividend of ₹4.50. This dividend, announced on March 26, will take effect on April 2, coinciding with its record date. MSTC specializes in diversified e-commerce services, making it a significant player in the steel sector.
RailTel Corporation of India: Telecom Infrastructure Leader
On the same day, RailTel Corporation of India, recognized as a “Navratna” PSU, will also declare an interim dividend of ₹1. This dividend was revealed on March 12 and reflects RailTel’s position as a major provider of telecom infrastructure with its extensive optical fiber network across the nation.
United Spirits: A Global Beverage Giant
Another key player in the dividend scene is United Spirits, which will announce an interim dividend of ₹4 on April 3. The company, a subsidiary of Diageo and the world’s second-largest spirits producer by volume, previously issued a final dividend of ₹5 on July 12, 2024. The announcement date for this upcoming dividend was March 25.
Varun Beverages: PepsiCo’s Bottling Leader
Varun Beverages, a multinational corporation renowned for manufacturing and distributing beverages, will declare a final dividend of ₹0.50 on April 4. This announcement was made on February 10. Notably, Varun Beverages is the largest bottler of PepsiCo products outside the United States.
DCM Shriram Industries: Diverse Operations
Finally, DCM Shriram Industries is set to declare an interim dividend of ₹2 on April 4, with the record date aligning with its announcement made on March 28. The company is involved in various sectors, including sugar production, chemicals, and industrial fibers, showcasing its diverse operational portfolio.
Summary of Notable Dividend Announcements
Company Name | Type of Dividend | Dividend in ₹ | Announcement Date | Record Date | Ex-Dividend Date |
---|---|---|---|---|---|
DCM Shriram Industries | Interim | 2 | March 28 | April 4 | April 4 |
Varun Beverages | Final | 0.5 | February 10 | April 4 | April 4 |
United Spirits | Interim | 4 | March 25 | April 3 | April 3 |
RailTel Corporation of India | Interim | 1 | March 12 | April 2 | April 2 |
MSTC | Interim | 4.5 | March 26 | April 2 | April 2 |
As the earnings season unfolds, these dividend announcements provide an excellent opportunity for investors seeking to enhance their portfolios. Keep an eye on these stocks as they approach their ex-dividend dates!