Four public sector undertakings have scheduled their dividend record cutoffs between November 16 and November 20. Cochin Shipyard and Shipping Corporation of India share the earliest record date on Monday, while Power Finance Corporation follows on Tuesday. Oil India rounds out the week with a record date on Friday after its shares closed at ₹442.85 on the BSE. These schedules provide the definitive window for calculating upcoming investor payouts from each firm.
Key points
State-run firms require share ownership by the specified record dates to secure the annou…: State-run firms require share ownership by the specified record dates to secure the announced payouts.
Oil India announced the largest per-share distribution among the group at ₹7 per equity s…: Oil India announced the largest per-share distribution among the group at ₹7 per equity share.
Equity shares of Cochin Shipyard and Shipping Corporation closed at ₹1,178.50 and ₹270.55…: Equity shares of Cochin Shipyard and Shipping Corporation closed at ₹1,178.50 and ₹270.55 respectively ahead of the cutoff.
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Upcoming PSU dividend record date this week: Shares of four public sector undertakings (PSUs), i.e. Cochin Shipyard, Power Finance Corporation, Shipping Corporation of India (SCI) and Oil India will remain in focus next week due to their upcoming dividend record dates.
These four PSUs have fixed record dates between Monday, November 16, and Friday, November 20. For investors who closely track corporate actions like dividend, here are all the details to know.
Upcoming PSU dividend record dates
Cochin Shipyard and Shipping Corporation of India have fixed Monday, November 16, as the record date. Power Finance Corporation and Oil India Limited (OIL) have fixed Tuesday (November 17) and Friday (November 20) as record date.
Cochin Shipyard dividend record date
Cochin Shipyard has fixed November 16 as the record date for ₹3 per share interim dividend. The PSU stock closed 1.46% lower at ₹1178.50 per share on BSE with a market capitalisation of ₹31,004.07 crore on Friday, November 13. Its share price value has declined 6.87% over the last one month, 28.69% in one six months, and around 30.98% in one month.
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