Top 2 companies which are paying dividends soon |Dividend Alert

Introduction

The ex-dividend date is the date before which you need to buy the shares of a company in order to get the dividend.

The critical metric to identify the dividend is the dividend yield. The dividend yield is calculated by Dividend per share divided by the current share price of the company. The dividend yield is expressed as a percentage of the share value.

Disclaimer: This article is for educational and information purposes only.

The following companies are having a dividend yield of more than 1. The market cap of the following company is more than 2000 Crores.

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Hindustan Zinc Ltd (HINDZINC)

With a market cap of ₹1,54,414 cr, the stock is ranked 35, which is engaged in the mining and smelting of zinc, lead and silver metal in India.

  • Ex-dividend date: 14th December
  • Dividend yield: 4.96%
  • Dividend: 18 Rs per share

  • PE Ratio: 17.44
  • Debt to equity ratio: 0.13
  • Return on equity: 21.26%
  • Net profit margin: 34.11%

  • Sector: Mining – Diversified
  • Share price increased by 52.32% (One year)
  • 5 year compounded annual sales growth: 5.17%

NMDC Ltd

With a market cap of ₹43,343 cr, the stock is ranked 122. The company is engaged in the mining of iron ore.

  • Ex-dividend date: 14th December
  • Dividend yield: 6.13%
  • Dividend: 9.01 Rs per share

  • PE Ratio: 4.1
  • Debt to equity ratio: 0
  • Return on equity: 21.81%
  • Net profit margin: 40.74%

  • Sector: Mining – Iron Ore
  • The share price increased by 36.32% (One year)
  • 5 year compounded annual sales growth: 3.03%

Conclusion

These are the two companies that will announce their dividend soon. I hope this article helped you to gain some information. Subscribe to groww channel.

Have any questions? Let us know in the comment section.

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