Dividend-paying stocks attract investors seeking regular income alongside capital appreciation. In the coming weeks, several prominent large-cap companies have announced significant dividend payouts. These companies represent diverse sectors including finance, FMCG, and energy.
Moreover, their strong financial performance and consistent dividend history make them attractive investment options. Furthermore, these companies demonstrate robust growth trajectories and maintain leading positions in their respective industries. Additionally, their upcoming ex-dividend dates present timely opportunities for investors.
REC Limited
REC Limited finances the power sector in India, focusing on loans for generation, transmission, and distribution projects. It plays a crucial role in enhancing rural electrification and promoting renewable energy initiatives, providing advisory services alongside funding.
REC has announced an interim dividend of ₹4.00 per share. The announcement date was October 28, 2024, with a record date of November 8, 2024, and the ex-dividend date also on November 8, 2024. REC has demonstrated a robust growth trajectory with a 5-year CAGR in sales of 20% and a net profit CAGR of 13%.
Shriram Finance
Shriram Finance specializes in non-banking financial services, offering vehicle financing, personal loans, and microfinance to underserved markets. With a strong presence across urban and rural areas, it aims to empower individuals and small businesses through accessible financial solutions.
The company declared an interim dividend of ₹22.00 per share. The announcement was made on October 18, 2024, with a record date of November 7, 2024, and an ex-dividend date also on November 7, 2024. Shriram Finance has shown impressive growth, with a 5-year CAGR in sales of 23% and a net profit CAGR of 19%.
Hindustan Unilever Limited (HUL)
HUL is a leading FMCG company in India, known for its diverse portfolio including brands like Dove and Surf Excel. It emphasizes innovation and sustainability, catering to various consumer needs through a vast distribution network across urban and rural markets.
HUL announced an interim dividend of ₹19.00 per share and a special dividend of ₹10.00 per share. The interim dividend was announced on October 10, 2024, with a record date of November 6, 2024, and an ex-dividend date of November 6, 2024. The special dividend was declared on October 11, 2024, with the same record and ex-dividend dates. HUL has maintained a solid growth rate with a sales CAGR of 10% and a net profit CAGR of 11% over five years.
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Coal India Limited
Coal India Limited is the largest global coal producer, supplying fuel to power plants and industries in India. Committed to sustainable practices, the company invests in technology and community development, while also exploring renewable energy initiatives to enhance its operations.
Coal India announced an interim dividend of ₹15.75 per share. The announcement was made on October 14, 2024, with a record date of November 5, 2024, and an ex-dividend date also on November 5, 2024. The company has a 5-year CAGR in sales of 7% and a net profit CAGR of 16%.
Colgate-Palmolive (India) Limited
Colgate-Palmolive (India) Limited is a top manufacturer of oral and personal care products, renowned for Colgate toothpaste. The company focuses on innovation and sustainability, reaching millions through a robust distribution network while promoting oral health awareness in communities.
Colgate declared an interim dividend of ₹24.00 per share. The announcement was made on October 17, 2024, with a record date of November 4, 2024, and an ex-dividend date also on November 4, 2024. The company has recorded a sales CAGR of 5% and a net profit CAGR of 12% over the past five years.
Conclusion
These five large-cap companies offer attractive dividends and have also given consistent performance and strong market positions to support sustainable dividend payments. Furthermore, their diverse sector representation helps investors build balanced portfolios. Looking ahead, these stocks might provide both regular income and growth potential. Additionally, their upcoming ex-dividend dates require immediate investor attention for maximum benefits.
Written By: Dipangshu Kundu
Disclaimer
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