Dividend stocks: Today, April 8, attention is on shares of Sun TV Network Ltd, Prima Plastics Ltd, Indian Metals & Ferro Alloys Ltd, and Promax Power Ltd as these companies’ Board of Directors have announced interim dividends, special dividends, and bonus issues for eligible shareholders.
The record date for determining shareholders’ eligibility for these issues has been set for April 8.
Regarding dividends:
- Sun TV Network: An interim dividend of ₹3.00 per equity share has been declared.
- Prima Plastics: An interim dividend of ₹2.00 per equity share has been declared, payable between April 16 to April 27.
- Indian Metals & Ferro Alloys: A special dividend of ₹15.00 per equity share has been declared, payable before April 27.
Shares of Sun TV Network, Prima Plastics, and Indian Metals & Ferro Alloys will trade ex-dividend on Monday.
Concerning bonus issue:
- Promax Power: A bonus issue in the ratio of 1:1 has been announced, with the record date set for April 9.
Shares of Promax Power will trade ex-bonus on Monday.