august dividend stocks 2023

Which Company Declared Dividend in August 2023?

august 1st week dividend stocks 2023

There are 18 companies that will trade ex-dividend on July 27, 2023. The ex-dividend date is crucial to shareholders since it is at this time that the stock price is adjusted to reflect the value of the impending dividend payment; after this date, the stock price will no longer reflect the value of the subsequent dividend payment.

orient paper
orient paper share price

Dividend Type : Final
Dividend : Rs.1
Announcement Date : May 18, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 1, 2023

Rupa & Company
Rupa & Company Ltd share

Dividend Type : Final
Dividend : Rs.3
Announcement Date : May 24, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 1, 2023

shetron share price
shetron share price

Dividend Type : Final
Dividend : Rs.0.5
Announcement Date : May 16, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 1, 2023

sharda cropchem dividend
sharda cropchem dividend

Dividend Type : Final
Dividend : Rs.3
Announcement Date : May 29, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 1, 2023

Exide Industries Ltd
Exide Industries Ltd share

Dividend Type : Final
Dividend : Rs.2
Announcement Date : May 8, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 1, 2023

resonance spec share price
resonance spec share price

Dividend Type : Final
Dividend : Rs.1
Announcement Date : May 8, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 1, 2023

Styrenix Performance Materials Ltd NSE: STYRENIX
Styrenix Performance Materials Ltd

Dividend Type : Final
Dividend : Rs.24
Announcement Date : May 26, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 2, 2023

abm knowledgeware ltd
abm knowledgeware ltd

Dividend Type : Final
Dividend : Rs.1.25
Announcement Date : May 26 2023
Record Date : Aug 3, 2023
Ex-Dividend Date : Aug 2, 2023

dynamic cables share price
dynamic cables share price

Dividend Type : Final
Dividend : Rs.0.5
Announcement Date : May 23, 2023
Record Date : Aug 3, 2023
Ex-Dividend Date : Aug 2, 2023

eih share price
eih share price

Dividend Type : Final
Dividend : Rs.1.1
Announcement Date : May 24, 2023
Record Date : Aug 3, 2023
Ex-Dividend Date : Aug 2, 2023

data patterns share price
data patterns share price

Dividend Type : Final
Dividend : Rs.4.5
Announcement Date : May 15 2023
Record Date : Aug 3, 2023
Ex-Dividend Date : Aug 2, 2023

crisil share price
crisil share price

Dividend Type : Interim
Dividend : Rs.0
Announcement Date : May 23, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 2, 2023

centum electronics share price
centum electronics share price

Dividend Type : Final
Dividend : Rs.4
Announcement Date : May 29, 2023
Record Date : Aug 3, 2023
Ex-Dividend Date : Aug 2, 2023

hawkins cookers
hawkins cookers share price

Dividend Type : Final
Dividend : Rs.100
Announcement Date : May 24 2023
Record Date : Aug 3, 2023
Ex-Dividend Date : Aug 2, 2023

menon pistons
crisil share price

Dividend Type : Interim
Dividend : Rs.1
Announcement Date : May 22, 2023
Record Date : Aug 2, 2023
Ex-Dividend Date : Aug 2, 2023

Dividends are typically paid out on a regular basis, such as quarterly or annually, and provide investors with a steady stream of income.

Investing in dividend stocks can be attractive to investors seeking both income and potential long-term capital appreciation. Here are a few key points to consider when looking at dividend stocks:

Dividend Yield:

The dividend yield is a measure of how much a company pays out in dividends relative to its stock price. It is calculated by dividing the annual dividend per share by the stock price. A higher dividend yield indicates a higher income potential from the investment.

Dividend Payout Ratio:

The dividend payout ratio represents the proportion of a company’s earnings that is paid out as dividends. A lower payout ratio suggests that the company retains more of its earnings for reinvestment or other purposes, while a higher payout ratio indicates a larger portion of earnings being distributed as dividends.

Dividend History:

Reviewing a company’s dividend history is important to understand its consistency and growth in paying dividends over time. Look for companies that have a track record of increasing or maintaining their dividends even during challenging market conditions.

Financial Stability:

It’s crucial to evaluate the financial health of a company before investing in its dividend stock. Look for companies with stable cash flows, a strong balance sheet, and a history of consistent earnings growth. This helps ensure that the company can sustain its dividend payments.

Sector and Industry:

 Different sectors and industries have varying levels of dividend-paying companies. Some sectors, such as utilities, consumer staples, and real estate investment trusts (REITs), are known for their higher dividend yields. Others, like technology and healthcare, may have lower dividend yields but potential for growth.

Remember that investing in dividend stocks involves risks, and there is no guarantee of dividend payments or stock price appreciation. It’s essential to conduct thorough research, diversify your portfolio, and consider your investment goals and risk tolerance before making any investment decisions. Consulting with a financial advisor can provide personalized guidance based on your specific circumstances.