1.JSW Steel Ltd

The current JSW Steel stock price is 550.65 with a loss of 4.92%. JSW Steel Ltd had announced a stock dividend of 1750%. The company’s board, in its filing with the ESB, said: “We hereby advise that the board, at its meeting held today, recommended a final dividend of Rs 17.35/- (Rupees Seventeen and Paise Thirty Five only) (1735%) per fully paid capital share of Re.1/- each for the year ended 31.03.2022.

The ex-dividend date is July 4, 2022, i.e. today. The 52-week high and the 52-week low are Rs 790 and Rs 520. The dividend yield is 3.14.

Flagship company of JSW Group, JSW Steel is one of India’s leading integrated steel fabricators with a capacity of 18 MTPA. It is one of the fastest growing companies in India with a presence in over 100 countries. With state-of-the-art manufacturing facilities located in Karnataka, Tamil Nadu and Maharashtra, it is known for its innovation and quality, according to its website. The current market capitalization is Rs 133,225 each.

2. Bank of Punjab and Sindh

The bank had declared a stock dividend of 3.10% equivalent to 0.31 per share for the year ending March 2022. The dividend yield is 2.18% if the current share price of 14 .25 is taken into account. Today, the action will become ex-dividend.

The current market price of the stock is 14.25 each. The maximum over 52 weeks is Rs 22.05 each and the minimum over 52 weeks is Rs 13 each. The company has a good dividend history and has consistently declared dividends over the past 5 years.

Punjab & Sind Bank is an Indian nationalized bank. It is owned by the Ministry of Finance, Government of India and its head office is located in New Delhi. The current market capitalization is Rs 9658 crore.

3. Petronet LNG Ltd

The stock becomes ex-dividend today. The record date is July 5, 2022. The current share price is Rs 217.45 with a decline of 1.81%. The 52-week high is Rs 243 each and the 52-week low is Rs 190.25 each. The market capitalization is Rs 32,670 crore and the dividend yield is 5.28.

The company’s board of directors in its BSE filing said: “In accordance with SEBI Regulation 42 (Registration and Disclosure Requirements) 2015, we hereby give notice that the record date has been set for Tuesday July 5, 2022 for the purpose of verifying the entitlement of members to the final dividend of Rs. 4.50 (four rupees and fifty paise only) per share (on par value of Rs. 10/- each) on shares of the company for the 2021-22 financial year recommended by the Company’s Board of Directors at its meeting of May 11, 2022.”

Petronet LNG Limited (PLL) was established on April 2, 1998 as a Joint Venture Company (JVC) holding a 50% interest in the 4 major oil and gas PSUs by order of the GOI dated July 4, 1997.

4.Mindtree Ltd

The title becomes ex-dividend tomorrow. The Company’s Board of Directors, at its meeting on April 18, 2022, recommended a final dividend of 270% (Rs 27/- per share with a par value of Rs 10/- each) for the financial year ended on March 31, 2022. The current market price of the share is Rs 2864 each. The 52-week high is Rs 5060 each and the 52-week low is Rs 2457 each. The dividend yield is 1.29.

Mindtree provides digital transformation and technology services from ideation to execution, enabling Global 2000 customers to outperform the competition. Mindtree takes an agile and collaborative approach to creating custom solutions across the digital value chain. The current market capitalization is Rs 47,223 crore.

5. MphasiS Ltd

Mphasis applies next-generation technology to help companies transform their business globally. Mphasis’ service transformation approach helps “shrink the core” through the application of digital technologies in an enterprise’s legacy environments, enabling enterprises to stay ahead of the game in a changing world.

The title becomes ex-dividend tomorrow. It had declared a 460% stock dividend amounting to Rs 46 per share for the year ending March 2022. The dividend yield is 2.05%. It has regularly declared a dividend for the past 5 years. The current market capitalization is Rs 41,359 crore.

The current market price of the share is Rs 2194 each with a decline of 2.12%. The 52-week high is Rs 3659 each and the 52-week low is Rs 2014 each.

6. Wheels India Ltd

It becomes ex-dividend tomorrow. It had declared an 83% stock dividend amounting to Rs 8.3 per share for the year ending March 2022. It has a dividend yield of 1.32%. The market capitalization is Rs 1,511 crore at the time of writing the story.

The current share price is Rs 628 each with a loss of 0.25%. The 52-week high is 1037 each and the 52-week low is Rs 510 each.

Wheels India Limited is a company promoted by TVS Group, India’s largest manufacturer of automotive components. Wheels India was established in 1962. It is one of the largest steel wheel manufacturers in the world.

7. Elegant Marble and Granite Industries Ltd

The title becomes ex-dividend tomorrow. It had declared a stock dividend of 27.50% amounting to Rs 2.75 per share for the year ending March 2022. The current market price of the share is Rs 129. The market capitalization is from Rs 47 crore.

Elegant Marbles & Grani Industries Ltd. has been a trusted supplier for stone products for over 30 years. Its main office is based in Mumbai’s design hub, Raghuvanshi Mills. It is an export house recognized by the Indian government and operates a state-of-the-art factory in Abu Road, Rajasthan.