Final date to purchase THESE 5 shares with as much as 400% promised dividend approaching quickly

Buyers seeking to money in on profitable dividend alternatives ought to mark their calendars, because the final dates to purchase shares of a number of corporations providing substantial dividends are quick approaching.

We’ve compiled an inventory of 5 shares providing dividends as much as 400 per cent. Monday (January 20) is likely to be the final alternative to purchase a few of these shares to reap the money payouts, given their fast-approaching ex-dates.

Why ex-date is necessary?

Buyers should guarantee their shares are bought earlier than the respective Ex-dates of the shares to qualify for these interim dividends.

The ex-date is the day on which an investor have to be registered within the accounts of the involved firm as a shareholder to obtain dividends.

How do dividends work?

Dividends are a portion of an organization’s income distributed to shareholders. The proportion is calculated primarily based on the face worth of the inventory, not its market value.

For example, a 400 per cent dividend on a inventory with a Rs 1 face worth interprets to a Rs 4 payout per share.

Right here’s a have a look at the 5 shares buyers ought to be aware of:

1. Waaree Renewable Applied sciences Ltd.

Dividend Provided: Rs 1 per share
Face Worth: Rs 2 per share
Dividend Share: 50 per cent
Ex-Date: January 24, 2025 (Friday)

Waaree is a renewable power agency whose shares had been buying and selling at Rs 1044.35 at market closing time on Friday. Up to now 12 months, the share’s worth has greater than doubled, giving buyers 100.19 per cent returns, significantly outperforming BSE Sensex, which rose 7.16 per cent in the identical interval.

2. Bhansali Engineering Polymers Ltd.

Dividend Provided: Rs 1 per share
Face Worth: Rs 1 per share
Dividend Share: 100 per cent
Ex-Date: January 22, 2025 (Wednesday)

Bhansali Engineering Polymers shares had been final buying and selling at Rs 123.50 on Friday. Up to now yr, the share’s worth has gone up 11.87 per cent.

3. Angel One Ltd.

Dividend Provided: Rs 11 per share
Face Worth: Rs 10 per share
Dividend Share: 110 per cent
Ex-Date: January 21, 2025 (Tuesday)

Angel One is a outstanding brokerage agency in India. Its final traded share value on Friday was Rs 2454.05. Angel One’s inventory value has tanked 26.45 per cent up to now 12 months.

4. Mastek Ltd.

Dividend Provided: Rs 7 per share
Face Worth: Rs 5 per share
Dividend Share: 140 per cent
Ex-Date: January 24, 2025 (Friday)

The shares of Mastek, an IT options supplier with a rising international presence, had been final buying and selling at Rs 2750.75 on Friday. Mastek’s inventory value has gone down 6.06 per cent up to now yr, underperforming Sensex in the identical interval.

5. Havells India Ltd.

Dividend Provided: Rs 4 per share
Face Worth: Rs 1 per share
Dividend Share: 400 per cent
Ex-Date: January 22, 2025 (Wednesday)

The inventory value of Havells India, a frontrunner in electrical home equipment, was Rs 1575.30 on the time of market closing on Friday (January 17). Up to now 12 months, the share’s worth has gone up 10.11 per cent.

Disclaimer: This text is for informative functions solely and isn’t to be thought of monetary recommendation. Please seek the advice of your monetary advisor earlier than making money-related selections