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With a market cap of Rs 1,413 crore, Nelco is a leading satellite communication (SatCom or VSAT) service provider in India. It will trade ex-dividend on Monday, June 6, with a final dividend of Rs 2 per share (20% of face value). Shares of Nelco were trading 0.45% higher at Rs 619.2 apiece on the BSE in Thursday’s trade.
Meanwhile, Tata Power has announced a final dividend of Rs 2 per share and will trade ex-dividend on June 7. It has a market capitalization of Rs 68,987 crore. Shares of Tata Power were trading 1% higher at Rs 215.9 apiece on the BSE.
The Indian Hotels Company and Voltas will trade ex-dividend on June 9.
The international leisure and hotel service firm Indian Hotels Company will trade ex-dividend on June 9 2023, with a final dividend of Re 1 per share (100% of face value). Air conditioner firm Voltas declared a final dividend of Re 4.25 per unit. The firm has a market capitalization of Rs 27,308 crore. Shares of Voltas rose 0.42% to Rs 825.3 apiece in Thursday’s trade on the BSE.
Tata Investment Corporation has announced a final dividend of Rs 48 per share and will trade ex-dividend on June 12. It has a market capitalization of Rs 11,291 crore. Shares of Tata Investment were trading 0.7% higher at Rs 2,231.7 apiece on BSE.Tata Chemicals will trade ex-dividend on June 14 with a final dividend of Rs 17.5 per share (175% of face value). The firm has a market capitalization of Rs 24,747 crore. Shares of Tata Chemicals rose 0.1% to Rs 971.4 apiece on BSE in today’s trade.Also, Tata Steel will trade ex-dividend on June 22 with a final dividend of Rs 3.6 per share (360% of face value). The company has a market capitalization of Rs 1,29,775 crore and its shares rose 0.3% to Rs 106.2 apiece on BSE.
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